Share This Listing

Message

949 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Starbucks 105 Pine Lake Ave 2,100 SF Retail Building La Porte, IN 46350 $2,426,270 CAD ($1,155.37 CAD/SF) 5.81% Cap Rate

Retail Buildings Indiana La Porte 105 Pine Lake Ave, La Porte, IN 46350

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Starbucks recently executed an early five (5) year lease extension, extending the term through February 2033.
  • Starbucks (NASDAQ: SBUX), founded in 1971, boasts a market capitalization exceeding $97.3 billion and reported annual revenue of $37.2 billion in 2025
  • The low purchase price and highly replaceable rent compared to other drive-thru locations provides strong downside protection and long-term value.
  • The property underwent an extensive renovation, with Starbucks investing several hundred thousand dollars in on-site improvements.
  • Positioned at the signalized intersection of Pine Lake Avenue and Newport Boulevard, with traffic counts exceeding 31,300 vehicles per day.
  • Situated at the primary entrance to a grocery-anchored shopping center featuring Kroger, Tractor Supply, and Buffalo Wild Wings.

EXECUTIVE SUMMARY

High-Performing Starbucks with Long-Term Lease

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,100 SF
Building Class
B
Year Built
2017
Price
$2,426,270 CAD
Price Per SF
$1,155.37 CAD
Cap Rate
5.81%
NOI
$140,918 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.70 AC
Zoning
C - Commercial
Parking
28 Spaces (13.33 Spaces per 1,000 SF Leased)
Frontage
135’ on US Route 35

AMENITIES

  • Restaurant
  • Drive Thru

LINKS

1 1
105 Pine Lake Ave, La Porte, IN - AERIAL map view - Image1
105 Pine Lake Ave, La Porte, IN - AERIAL map view - Image2

NEARBY MAJOR RETAILERS

Anytime Fitness
Kroger
Centier Bank
Buffalo Wild Wings
Fast Eddie's
Horizon Bank
PNC Bank
Flagstar
Fifth Third Bank
The YMCA

PROPERTY TAXES

Parcel Number 46-06-35-178-009.000-043 Improvements Assessment $348,944 CAD
Land Assessment $240,575 CAD Total Assessment $589,519 CAD

PROPERTY TAXES

Parcel Number
46-06-35-178-009.000-043
Land Assessment
$240,575 CAD
Improvements Assessment
$348,944 CAD
Total Assessment
$589,519 CAD
(818) 259-0476

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Patrick Wade
    Patrick Wade
  • Matthew Greenberg
    Matthew Greenberg
  • Alex Kozakov
    Alex Kozakov
  • Bo Henderson
    Bo Henderson
  • Jack Webber
    Jack Webber
  • Vivian Tran
    Vivian Tran

  • Listing ID: 39018495

  • Date on Market: 2026-01-08

  • Last Updated:

  • Address: 105 Pine Lake Ave, La Porte, IN 46350

The Retail Property at 105 Pine Lake Ave, La Porte, IN 46350 is currently available for Sale. Contact CBRE, Inc. for more information.

1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
105 Pine Lake Ave, La Porte, IN for sale Primary Photo- Image 1 of 8
Primary Photo
105 Pine Lake Ave, La Porte, IN for sale Building Photo- Image 2 of 8
Building Photo
105 Pine Lake Ave, La Porte, IN for sale Building Photo- Image 3 of 8
Building Photo
105 Pine Lake Ave, La Porte, IN for sale Building Photo- Image 4 of 8
Building Photo
105 Pine Lake Ave, La Porte, IN for sale Building Photo- Image 5 of 8
Building Photo
105 Pine Lake Ave, La Porte, IN for sale Aerial- Image 6 of 8
Aerial
105 Pine Lake Ave, La Porte, IN for sale Aerial- Image 7 of 8
Aerial
1 of 1

Connect with us

© 2026 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Starbucks | 105 Pine Lake Ave
(818) 259-0476 x

Starbucks | 105 Pine Lake Ave

Patrick Wade
(818) 259-0476

Matthew Greenberg
(213) 613-3544

Alex Kozakov
(213) 613-3031

Bo Henderson
(310) 892-5644

Jack Webber
(310) 529-4040

Vivian Tran
(213) 613-3642

Already a member? Log In

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.