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| Price $1,664,000 | Built/Renov 1999 | Tenant Chili's (GL) |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
5,547
| Lease Start
12-17-1998
| #Units
1,605
|
| Price/SF $299.98 | Expiration
12-31-2033
| Tenant Type Casual Dining |
| NOI $99,825 | R. Term 9.1 | Ownership Ground Lease |
| Rent/SF
$18.00
| Increases 5.0%/5/yrs | Pop 5Mi 111,406 |
| Lot/AC 1.26 | Options 4/5yrs/10% | AHHI 5Mi $149,828 |
| | |
Chili's is strategically located at the signalized, hard corner intersection of N Randall Road and Mill Street, with access to a combined daily traffic count of 34,600 vehicles. The property enjoys a prominent retail location as an outparcel to Wind Point Shopping Center, which draws approximately 1.7 million annual visits according to Placer.ai. The shopping center is anchored by several...
...Signalized intersection
In location for years
Shopping Ctr out-parcel
Big Box center
Top 100 MSA
Strong demographics
Recently extended lease
Absolute NNN
Traded and rated company
Corporate Guarantee
Chili’s Grill & Bar is an American casual dining chain serving American food, Tex-Mex cuisine, and Mexican-inspired dishes. Founded in 1975 on the corner of Greenville Avenue and Meadow Road in...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
