Restaurant

Chili's Grill & Bar

Listing Price: $3,472,727

Cap Rate
5.50%
Tenant Name
Chili's Grill & Bar
Years Remaining On Lease
9.80
Gross SF
5,776
Guarantor
Corporate Guarantee
Rentable SF
5,776
Price/Gross SF
$601.23
Lease Type
NNN Ground Lease
Rent Per Square Feet
$33.07

Investment Overview

Founded by Larry Lavine in Texas over 40 years ago and currently owned and operated by Dallas-based Brinker International, Inc., Chili’s Grill & Bar is Brinker’s flagship brand and a recognized leader in casual dining offering fresh, bold and unexpected flavors. With 1,612 independently and corporate-owned and operated locations, Chili’s enjoys a global presence with locations in 32 countries and two U.S. territories, more than 100,000 team members and entree selections ranging in menu price from $6.00 to $18.99. The Chili’s brand has remained competitive by offering consistent, quality products at a compelling every day value, leveraging technology initiatives to create a digital guest experience believed to engage guests more effectively, and loyalty programs and incentives to further enhance sales and drive incremental traffic. Named as one of “America’s Best Employers” on the 2015 Forbes List and Fortune’s “100 Best Workplaces for Millennials”, Chili’s continues to revolutionize the casual dining industry as a technology pioneer and is well known for fostering an energetic culture for team members.

Investment Highlights

  • EXTENDED 10-YEAR TERM WITH STRONG SALES VOLUMES
  • ABOVE AUV SALES AND LONG-TERM OCCUPANCY
  • SUBSIDIARY OF PUBLICLY TRADED BRINKER INTERNATIONAL, INC.

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

Listing Price: $3,472,727

Cap Rate
5.50%
Tenant Name
Chili's Grill & Bar
Years Remaining On Lease
9.80
Gross SF
5,776
Guarantor
Corporate Guarantee
Rentable SF
5,776
Price/Gross SF
$601.23
Lease Type
NNN Ground Lease
Rent Per Square Feet
$33.07

Investment Highlights

  • EXTENDED 10-YEAR TERM WITH STRONG SALES VOLUMES
  • ABOVE AUV SALES AND LONG-TERM OCCUPANCY
  • SUBSIDIARY OF PUBLICLY TRADED BRINKER INTERNATIONAL, INC.

Investment Overview

Founded by Larry Lavine in Texas over 40 years ago and currently owned and operated by Dallas-based Brinker International, Inc., Chili’s Grill & Bar is Brinker’s flagship brand and a recognized leader in casual dining offering fresh, bold and unexpected flavors. With 1,612 independently and corporate-owned and operated locations, Chili’s enjoys a global presence with locations in 32 countries and two U.S. territories, more than 100,000 team members and entree selections ranging in menu price from $6.00 to $18.99. The Chili’s brand has remained competitive by offering consistent, quality products at a compelling every day value, leveraging technology initiatives to create a digital guest experience believed to engage guests more effectively, and loyalty programs and incentives to further enhance sales and drive incremental traffic. Named as one of “America’s Best Employers” on the 2015 Forbes List and Fortune’s “100 Best Workplaces for Millennials”, Chili’s continues to revolutionize the casual dining industry as a technology pioneer and is well known for fostering an energetic culture for team members.

Exclusively Listed By

  • Dean Zang

    Executive Managing Director Investments

    (202) 536-3754

    Email Dean

    License(s): MD: 665335, VA: 0225239201

    Washington, D.C.

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