For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

150 Pine Lake Ave Northwest Indiana La Porte, IN 46350

View on Map
For Sale
$3,157,895

Chipotle w/ Drive Thru | Rare 15 Year Absolute NNN Lease | Qualifies for Depreciation | NW Indiana

Property size:
2,350 SF
Lot size:
0.05 Acres
Added:
Apr 2, 2025
Days on Market:
365
Last Refresh:
Mar 16 at 9:06 am

Property Features for 150 Pine Lake Ave Northwest Indiana

General Information

Standard status
Active
Property type
Restaurants, Other retail properties, Individual retail properties, Retail properties & Spaces
Size
2,350 SF
Elevators
N/A
Lot size
0.05 Acres

Building Details

Buildings
1
Stories
1

We can help!

Listing Contact
Alvin Mansour

Listing agent Alvin

Listing office

Listing date Apr 2, 2025


Overview

New Chipotle with Drive-Thru Investment

This property features a Chipotle restaurant in La Porte, Indiana. Constructed in 2025, the 2,350 square foot building includes a drive-thru lane. The property is located at 150 Pine Lake Ave on 0.05 acres. Situated along a major retail corridor, the location benefits from high visibility and accessibility, with daily traffic exceeding 30,000 vehicles. It is strategically positioned along US Route 35 and near Indiana State Road 2, providing access to South Bend and Michigan City. The property is subject to a 15-year absolute net lease with Chipotle, a large Mexican restaurant chain with annual revenue exceeding $11.31 billion. The lease includes 10% rental increases every five years throughout the initial term and options. The property is near other national retailers, including Aldi, Kroger, Tractor Supply, and Ollie's Bargain Outlet, as well as Northwest Health La Porte Acute Care Hospital. Its location near Pine Lake, a recreational attraction, increases foot traffic. The property is located in Northwest Indiana, near significant investments from Microsoft and Amazon in nearby data centers. The property qualifies for depreciation.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail properties & Spaces

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

  • Kabo Enterprises Inc 112 1st St, La Porte, IN 46350
  • The Country Caterers La Porte, IN 46350

Location Insight

  • Map
  • Local Demand
City
La Porte
County
LaPorte
State
Indiana
Longitude
-86.7184
Latitude
41.599

FAQs

What type of property is this?
Restaurant - Chipotle w/ Drive Thru | Rare 15 Year Absolute NNN Lease | Qualifies for Depreciation | NW Indiana
Where is this restaurant located?
The property is located at 150 Pine Lake Ave Northwest Indiana La Porte, IN.
What is the asking price?
The asking price for this property is $3,157,895.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message