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| Price $3,193,000 | Built/Renov 2007/2020 | Tenant Chili's |
| Cap Rate 8.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
5,557
| Lease Start
11-01-2007
| #Units
1,605
|
| Price/SF $574.59 | Expiration
10-31-2027
| Tenant Type Casual Dining |
| NOI $255,425 | R. Term 2.10 | Ownership Fee Simple |
| Rent/SF
$45.96
| Increases 1.5%/5/yrs | Pop 5Mi 93,573 |
| Lot/AC 1.45 | Options 2/5yrs/1.5% | AHHI 5Mi $133,134 |
| | |
Chili’s is strategically located near the signalized, hard-corner intersection of W. 143rd St. and S. Bell Road, averaging a combined 31,200 vehicles passing by daily. The site benefits from excellent visibility via significant street frontage and a large monument sign along S. Bell Road (15,400 VPD). The asset is an outparcel to Goodings Grove, a 636,252 SF Power Center anchored by The Home...
...Signalized intersection
Recent renovation
Hard corner intersection
Strategically located
Highway location
Affluent AHHI $100K 5 Mi
Absolute NNN
Annual rent increases
Traded and rated company
Investment grade tenant
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2027 Total Population : | 7,484 | 35,320 | 92,724 |
| 2022 Total Population : | 7,360 | 35,579 | 94,440 |
| 2022 Employed Civilian Pop : | 4,119 | 19,143 | 51,133 |
| 2022 Total Businesses : | 231 | 823 | 3,318 |
| 2022 Average Household Income : | $ 138,507 | $ 154,804 | $ 150,784 |
| 2022 Total Consumer Spending : | $ 291 M | $ 1591 M | $ 4381 M |
| 2022 Median Age : | 45 | 45 | 45 |
| 2022 Total Households : | 2,550 | 12,430 | 34,941 |
| 2022 Pop Age 25+: Bachelor's Degree : | 1,429 | 7,159 | 19,042 |
| 2022 Average Home Value : | $ 356,209 | $ 411,712 | $ 410,120 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| W 143rd St | Mustang Dr | 2012 | 13,700 | 0.36 mi |
| South Bell Road | Essex Dr | 2019 | 15,400 | 0.37 mi |
| W 143rd St | Welter Ct | 2012 | 15,800 | 0.39 mi |
| W 143rd St | Somerset Dr | 2012 | 13,700 | 0.83 mi |
| Bell Rd | Trail | 2014 | 15,100 | 0.87 mi |
| S Bell Rd | Founders Xing | 2012 | 12,300 | 0.97 mi |
| Will Cook Road | Citation Dr | 2018 | 6,850 | 0.97 mi |
| Will Cook Rd | Somerset Dr | 2014 | 6,650 | 0.99 mi |
| Oak Trail | 2019 | 100 | 1.00 mi | |
| S Parker Rd | W 143rd St | 2012 | 3,200 | 1.07 mi |
Canton, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 7.50 yrs
Size/SF 6,511
Joliet, IL
Cap Rate 7.40%
Lease Abs NNN
R. Term 7.90 yrs
Size/SF 12,448
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
