Chili's NNN Property For Sale
This offering features a net-leased Chili's property, an excellent opportunity for investors seeking a stable asset with a recognizable brand. Chili's Grill & Bar is a well-established American casual dining restaurant chain, founded in 1975 and currently owned by Brinker International.
- Asking price $2.00M
- 5.65% cap rate
- NOI $150,000
- 15 years remaining
- NNN lease
- Building size: 4,500 SF
- Lot size: 1.00 acres
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Asset type: NNN