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EL RANCHO MEX GRILL

5104 S 800 E, Columbia City, IN 46725
Available Now
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FOR SALERetail / Bar Nightclub + Restaurant
Cap Rate
5.93%
NOI
$64,600
Building Size
5,000SF
Parking Info
70 Spaces
Lot Size
1.54Ac
Year Built
2003
Listing Contacts
Principal Broker

More property details

APN
020619300002002049
Year Renovated
2021
Zoning
Commercial
Occupancy
100%
Tenancy
Single Tenant
Currently Leased
No
Investment
Stabilized
Broker Co-op
Yes
Property Class
B
No of Buildings
1
No of Stories
2
Ownership
Incorporation

Location

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EL RANCHO MEX GRILL
About the location

El Rancho Mex Grill offers an exceptional commercial investment opportunity positioned at the highly traveled intersection of US-30 and County Line Road, serving the growing Fort Wayne and Columbia City markets. This fully leased 5,000-square-foot restaurant property sits on a 1.54-acre commercially zoned parcel and delivers strong passive income with lease revenue of $6,300 per month, complemented by built-in annual rent increases of $200 for predictable long-term growth. Strategically located on a high-visibility hard corner directly adjacent to the All American Travel Plaza truck stop, the property benefits from constant traffic generated by commuters, trucking activity, industrial operations, and surrounding retail businesses. The tenant operates under a stable lease structure in which taxes, insurance, and maintenance are covered by the occupant, minimizing landlord responsibilities and enhancing investment stability. The fully asphalt-paved and striped lot accommodates approximately 80 vehicles, providing excellent accessibility for customers and future redevelopment flexibility. Combining reliable cash flow, a prime commercial location, and long-term upside potential, this asset represents an outstanding opportunity for investors seeking a low-management property in a thriving transportation and retail corridor.

EL RANCHO MEX GRILL
5,000 SF · retail · United States · IN