150 Pine Lake Ave Northwest Indiana La Porte, IN 46350

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.