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10685 Randolph St
Crown Point, IN 46307

$1,755,000 USD

Restaurant For Sale  •  4,505 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,505 SF
  • Lot Size 1.08 AC
  • Building Class B
  • Year Built 2003
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning R3
0 Transit Score
55 Walk Score

Highlights

Ideal for passive income investors seeking mailbox money with limited landlord responsibilites
Leased to an established restaurant operator with a strong customer base
Turn-key restaurant located in Doubletree Plaza, one of Winfield's most active commercial corridors

Property Flyers

Financial Summary (Actual)

Net Operating Income: $105,347 USD (2024)
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Buddy & Pals Place Too
Deaniko & Pals Inc
Wendy Van Denburgh

Amenities

  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Chicago Midway International 73 min - 48.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 80
Type: Surface
Included in Rent: Yes
Adriana Gomez 317-431-6130 McColly Bennett Commercial Advantage
Adriana Gomez 317-431-6130 McColly Bennett Commercial Advantage