103 Warren St - Auto Repair FOR SALE


La Porte, IN 46350
$3,199,000 USD
949-506-2007
103 Warren St, La Porte, IN for Sale
$3,199,000 USD
Auto Repair - FOR SALE
1/9
null | 6.75% Cap Rate

103 Warren St
La Porte, IN 46350


HIGHLIGHTS

  • Brand New 15-Year Lease with Increases | Absolute NNN Leased | Franchisee Guaranteed | Established Brand | Brand New Build
  • Located Along Pine Lake Avenue | Centralized Location | Strong Retail & Industrial Trade Area | New Microsoft Data Center
  • Direct Residential Consumer Base | Growing Home Market |Strong Demographics in 5-Mile Trade Area

OVERVIEW

• The tenant recently signed a brand new 15-year lease with 3 (5-year) options, demonstrating their commitment to the site • The lease features 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation • The lease is absolute NNN with zero landlord responsibilities • Valvoline is a leading worldwide supplier of premium branded lubricants and automotive services, known for quick oil changes and high-performance oils • The property recently opened in August 2025 and features a state-of-the-art design using the highest-quality materials

FOR SALE DETAILS

PRICE

$3,199,000 USD

PRICE/SF

$1,560 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valvoline | New 15yr Abs NNN w/ Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

B-2

APN/PARCEL ID

46-06-35-102-005.000-043

ASK ABOUT THIS PROPERTY

Cortland LioiSRS National Net LeaseMore Info
949-506-2007

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Cortland LioiSRS National Net LeaseMore Info
949-506-2007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.