Starbucks La Porte
La Porte, IN 46350
Starbucks Logo Image
105 Pine Lake Ave
La Porte, IN 46350
  • Asking Price: $1,606,960
  • Cap Rate: 5.75%
  • Lease Type: NN
  • Status: Available
PROPERTY DETAILS:

Brand New Construction – Newly built freestanding Starbucks property with a drive-thru and outdoor patio. Long-Term Lease – Corporate 10-year NNN lease with no early termination rights. Outlot to New Planned Development – Major 50-acre mixed-use development including a 200-unit multi-family complex and approximately 200,000 square feet of retail. Construction set to begin in spring 2019. Centrally Located – Ideally situated at the main signalized entrance to the 147,000 square foot Pine Lake Shopping Center. National Retailer Presence – Surrounded by a strong presence of national retailers including Kroger, Tractor Supply Co., Anytime Fitness, Buffalo Wild Wings, McDonald’s, Taco Bell, Pizza Hut, Dunkin’ Donuts, KFC, Arby’s, and Culver’s, among others. Investment Grade Credit – Starbucks is the world’s leading coffee retailer with revenues in excess of $22 Billion with an “investment grade” credit rating, providing strong financial security. Strong Sales – This store is performing well above the average Starbucks location. Please call for details.