Single-Tenant Auto
For Sale
Contact for pricing
Pending
512 J St, La Porte, IN 46350
Jiffy Lube facility offered with a triple-net sale-leaseback structure and an experienced regional operator.
Property SizeContact for details
Days on Market143
Property Features for 512 J St
General Information
Standard status
Pending
Property subtype
Industrial
Listing Agency:
The Boulder Group
(847) 562-8500
Listed By:
Jimmy Goodman · License #IL 471007006
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 6:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group
Investment Insights
Based on property information with market context.
This 1,760-square-foot Jiffy Lube service center is offered through a sale-leaseback with a single automotive tenant. The proposed lease carries a 15-year initial term beginning at closing, triple-net structure, 10% rent increases every five years, and four additional five-year renewal options. Hoosier Automotive, which operates 28 units, provides the lease guaranty.
The property fronts J Street, a primary La Porte thoroughfare carrying 14,100 VPD and connecting toward South Bend. Area retail and service users include Aldi, Walgreens, Rural King, Dunham’s Sports, Ace Hardware, Dollar General, Advance Auto Parts, and Burger King. La Porte High School and Franciscan Hospital also contribute to nearby activity. Within five miles, the population is 32,359 and average annual household income is $70,293.
The property fronts J Street, a primary La Porte thoroughfare carrying 14,100 VPD and connecting toward South Bend. Area retail and service users include Aldi, Walgreens, Rural King, Dunham’s Sports, Ace Hardware, Dollar General, Advance Auto Parts, and Burger King. La Porte High School and Franciscan Hospital also contribute to nearby activity. Within five miles, the population is 32,359 and average annual household income is $70,293.
Key Highlights
- 1,760‑square‑foot Jiffy Lube automotive service center
- 15‑year initial lease term beginning at close of escrow
- Triple‑net lease with four 5‑year renewal options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
764
Businesses Nearby
154k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Home Improvements & Furnishings 29%
Dining 27%
Apparel 7%
Rural King
Home Improvements & Furnishings
27,912 visits/mo
0.5 miles
Ace Hardware
Home Improvements & Furnishings
16,370 visits/mo
0.3 miles
Dollar Tree
Shops & Services
14,460 visits/mo
0.2 miles
Burger King
Dining
13,761 visits/mo
0.1 miles
Family Express
Shops & Services
13,560 visits/mo
0.1 miles
Demographics for 46350, IN
44,522
Population
19,576
Households
2.3
Avg Household Size
42
Median Age
24%
College-Educated
92%
High-School Grad
193.5 sq mi
ZIP Area
230
Density / Sq Mi
$75,311
Median Household Income
$44,309
Median Earnings
$920
Median Rent
$199,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Rural King Tractors — 1460 W State Rd 2, La Porte, IN 46350
- Jiffy Lube — 512 J St, La Porte, IN 46350
- Kaiser Auto LLC — 202 5th St, La Porte, IN 46350
- Wallen Auto — 1612 Lincolnway, La Porte, IN 46350
- Cannon's Automotive Service+ — 710 Tyler St, La Porte, IN 46350
Frequently Asked Questions
What type of property is this?
Auto shop - Jiffy Lube facility offered with a triple-net sale-leaseback structure and an experienced regional operator.
Where is this auto shop located?
The property is located at 512 J St La Porte, IN.
What are key features of this property?
This property features: 1,760‑square‑foot Jiffy Lube automotive service center; 15‑year initial lease term beginning at close of escrow; Triple‑net lease with four 5‑year renewal options
