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SEVEN BREW COFFEE | 15 YR NNN GROUND LEASE 151 Newporte Blvd 1,480 SF 4-Star Retail Building La Porte, IN 46350 $3,108,784 CAD ($2,100.53 CAD/SF) 5.75% Cap Rate
Investment Highlights
- 15 Year NNN Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- The Site benefits from steady Traffic Due to its location along U.S. Route 35 and proximity to Indiana State Road 2.
- Less than a Mile from Downtown La Porte, the County Seat and Civic Hub, Placing the Site at the Intersection of Local Government Employment.
- Positioned Along Area’s Traffic & Retail Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 30k Vehicles.
- Adjacent to ALDI and Pad to Numerous National Retailers including Kroger, Tractor Supply, Ollie’s Bargain Outlet, Anytime Fitness and more.
- Located near One of the World’s Largest Regional Economies, Chicago, to the West, and South Bend, Home to the University of Notre Dame.
Executive Summary
Rare Larger Format Store | Blackstone Recently Invested in 7-Brew and Seeks to Help Rapidly Expand the Concept | Brand New Construction | Directly Adjacent to Kroger & Aldi | Along U.S. Route 35 | In Close Proximity to Interstate-90 | Near Pine Lake - Major Recreational Attraction | Walking Distance from Hospital | Bustling Tech Hub - Close Proximity to $12B Microsoft and Amazon Projects
Indiana Broker of Record: Julia Evinger | 510 East 96th St., Ste. 200 Indianapolis, IN 46240 | P: (317) 218-5300 | Lic #: RB14040143 | Julia.Evinger@MarcusMillichap.com
Indiana Broker of Record: Julia Evinger | 510 East 96th St., Ste. 200 Indianapolis, IN 46240 | P: (317) 218-5300 | Lic #: RB14040143 | Julia.Evinger@MarcusMillichap.com
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,480 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Price
$3,108,784 CAD
Price Per SF
$2,100.53 CAD
Cap Rate
5.75%
NOI
$178,755 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.67 AC
Parking
9 Spaces (6.08 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Seven Brew Coffee
- Retailer
- 1,480 SF
- -
- Triple Net
- Jul 2041
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Seven Brew Coffee | Retailer | 1,480 SF | - | Triple Net | Jul 2041 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 46-06-35-201-010.000-043 | Improvements Assessment | $365,856 CAD |
| Land Assessment | $185,404 CAD | Total Assessment | $551,260 CAD |
Property Taxes
Parcel Number
46-06-35-201-010.000-043
Land Assessment
$185,404 CAD
Improvements Assessment
$365,856 CAD
Total Assessment
$551,260 CAD
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SEVEN BREW COFFEE | 15 YR NNN GROUND LEASE | 151 Newporte Blvd
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