Restaurant

Chili's Hanford

Listing Price: $1,843,810

Cap Rate
5.25%
Tenant Name
Chili's - Brinker Restaurant Corp
Years Remaining On Lease
0.40
Gross SF
6,114
Guarantor
Corporate Guarantee
Rentable SF
6,114
Price/Gross SF
$301.57
Lease Type
Absolute Net
Rent Per Square Feet
$15.83

Investment Overview

Marcus & Millichap is pleased to present Chilis at the Hanford Mall, a single tenant net leased opportunity in Central California. This corporate Chilis location has been in operation at the site since 2006.
A ground lease offering, the subject totals 1.03-acres at the hard corner of Lacey Boulevard and Mall Drive, directly across the street from a Wal-Mart anchored shopping center and just a quarter of a mile from state route 198, the primary arterial highway in the region.
An outparcel to the dominant shopping center in a trade area that extends throughout Kings County and in to adjacent Counties the subject offers tremendous intrinsic value factors. A true Main & Main location the Mall is surrounded by the only Hospital in the trade area, the County Government Center and Superior Court, Hanford High School, and national tenant anchored shopping centers.
Chilis at the Hanford Mall offers an investor a high quality asset with a corporate lease guarantee and zero landlord responsibilities.

Investment Highlights

  • National Brand Ground Lease with Corporate Guarantee
  • 1.04-Acre Hard Corner Parcel
  • Absolute Net Terms With Zero Landlord Responsibilities

Exclusively Listed By

Listing Price: $1,843,810

Cap Rate
5.25%
Tenant Name
Chili's - Brinker Restaurant Corp
Years Remaining On Lease
0.40
Gross SF
6,114
Guarantor
Corporate Guarantee
Rentable SF
6,114
Price/Gross SF
$301.57
Lease Type
Absolute Net
Rent Per Square Feet
$15.83

Investment Highlights

  • National Brand Ground Lease with Corporate Guarantee
  • 1.04-Acre Hard Corner Parcel
  • Absolute Net Terms With Zero Landlord Responsibilities

Investment Overview

Marcus & Millichap is pleased to present Chilis at the Hanford Mall, a single tenant net leased opportunity in Central California. This corporate Chilis location has been in operation at the site since 2006.
A ground lease offering, the subject totals 1.03-acres at the hard corner of Lacey Boulevard and Mall Drive, directly across the street from a Wal-Mart anchored shopping center and just a quarter of a mile from state route 198, the primary arterial highway in the region.
An outparcel to the dominant shopping center in a trade area that extends throughout Kings County and in to adjacent Counties the subject offers tremendous intrinsic value factors. A true Main & Main location the Mall is surrounded by the only Hospital in the trade area, the County Government Center and Superior Court, Hanford High School, and national tenant anchored shopping centers.
Chilis at the Hanford Mall offers an investor a high quality asset with a corporate lease guarantee and zero landlord responsibilities.

Exclusively Listed By

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