Description

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.