Net Lease Chilis Property Profile and Cap Rates Date June 16, 2020
Net Lease Chilis – Typical Property and Lease Terms
| Price Range: | $1 mm - $3 mm |
| Cap Rate: | 5.65% |
| Net Income: | $150,000 |
| Price Per foot: | $600 PSF |
| Building Size: | 4,500 SF |
| Lot Size: | 1 Acre |
| Escalations: | 10% every 5 years |
| Lease Term: | 15 Years |
| Lease Type: | NNN |
| Credit Rating: | Franchisee |
Tenant Company Information:
Chili’s Grill & Bar is an American casual dining restaurant chain.[3] The company was founded by Larry Lavine in Texas in 1975 and is currently owned and operated by Brinker International.
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