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7-Eleven 201 Pine Lake Ave

3,991 SF Retail Building La Porte, IN 46350 $5,220,500 ($1,308/SF) 5% Cap Rate

Retail Space Indiana La Porte 201 Pine Lake Ave, La Porte, IN 46350

Investment Highlights

  • 2021 Construction. 3,991+/- SF Building on 0.79+/- Acre Site
  • Northwest Health – LaPorte is Just 5 Miles Away & Purdue University Northwest (Westville Campus) is Located Approx. 12 Miles Away
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores
  • Great Traffic off Highway Location: Subject Property is Located Directly off Highway 35 (28,805+ VPD)
  • La Porte, IN, is Located 10 Miles from the Larger Cities of Michigan City, 25 Miles from South Bend, and 50 miles from Chicago
  • La Porte | 2nd Least Expensive Place to Live in the U.S. | Population: 112,215+ (MSA Population: 9.57M+)

Executive Summary

Brand New 15-Year with 12-Years Remaining Absolute NNN Lease with 10% Rent Bumps Every 5 Yrs

Attachments

SECURE NET LEASE OM

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,991 SF
Building Class
B
Year Built
2021
Price
$5,220,500
Price Per SF
$1,308
Cap Rate
5%
NOI
$261,025
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.79 AC
Zoning
450 - Commercial Convienent Markert with Gasoline Sales

Links

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201 Pine Lake Ave, La Porte, IN - aerial map view - Image1
201 Pine Lake Ave, La Porte, IN - aerial map view - Image2
201 Pine Lake Ave, La Porte, IN - aerial map view - Image3
201 Pine Lake Ave, La Porte, IN - aerial map view - Image4

Nearby Major Retailers

Aldi
Kroger
Centier Bank
Anytime Fitness
Starbucks
Fast Eddie's
Buffalo Wild Wings
Horizon Bank
PNC Bank
Flagstar

PROPERTY TAXES

Parcel Number 46-06-35-109-040.000-043 Improvements Assessment $400,000
Land Assessment $268,600 Total Assessment $668,600

PROPERTY TAXES

Parcel Number
46-06-35-109-040.000-043
Land Assessment
$268,600
Improvements Assessment
$400,000
Total Assessment
$668,600
(214) 915-8890

Contacts

  • Listing ID: 33690592

  • Date on Market: 10/30/2024

  • Last Updated:

  • Address: 201 Pine Lake Ave, La Porte, IN 46350

More public record information on 201 Pine Lake Ave, La Porte, IN 46350

The Retail Property at 201 Pine Lake Ave, La Porte, IN 46350 is currently available for sale. Contact Secure Net Lease for more information.

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201 Pine Lake Ave, La Porte, IN for sale Site Plan- Image 2 of 7
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7-Eleven | 201 Pine Lake Ave
(214) 915-8890 x

7-Eleven | 201 Pine Lake Ave

1/2

Bob Moorhead

(214) 915-8890

(214) 915-8890

Thomas House

(214) 295-7848

(214) 295-7848

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