Restaurant
Chili’s | Corporate Guaranty (NYSE: EAT) | Absolute NNN Ground Lease
11411 Forest Ave, Clive, IA 50325
Listing Price: $1,643,000
Cap Rate
7.00%
Tenant Name
Brinker Restaurant Corporation
Years Remaining On Lease
3.4
Guarantor
Corporate Guarantee
Rentable SF
5,321
Lease Type
Absolute Net
Rent Per Square Feet
$21.61
Investment Overview
Marcus & Millichap is pleased to present a Chili's located in Clive, IA (Des Moines MSA).
Chili’s | Corporate Guaranty (NYSE: EAT) | Absolute NNN Ground Lease
Investment Highlights
- Corporate Guaranty from Brinker International, Inc. (NYSE: EAT)
- Naked Lease with 3+ Years of Lease Term Remaining
- Absolute NNN Ground Lease on Oversized Parcel (+/- 1.86 Acres)
- Des Moines MSA – Largest Metro in the State of IA
Broker of Record
Financing By
Restaurant
Chili’s | Corporate Guaranty (NYSE: EAT) | Absolute NNN Ground Lease
Listing Price: $1,643,000
Cap Rate
7.00%
Tenant Name
Brinker Restaurant Corporation
Years Remaining On Lease
3.4
Guarantor
Corporate Guarantee
Rentable SF
5,321
Lease Type
Absolute Net
Rent Per Square Feet
$21.61
Investment Highlights
- Corporate Guaranty from Brinker International, Inc. (NYSE: EAT)
- Naked Lease with 3+ Years of Lease Term Remaining
- Absolute NNN Ground Lease on Oversized Parcel (+/- 1.86 Acres)
- Des Moines MSA – Largest Metro in the State of IA
Investment Overview
Marcus & Millichap is pleased to present a Chili's located in Clive, IA (Des Moines MSA).
Broker of Record
Financing By
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