Chili's Bar & Grill
Homer Glen, IL 60491
Chili's Logo Image
14025 S. Bell Road
Homer Glen, IL 60491
  • Asking Price: $3,200,000
  • Cap Rate: 7.52%
  • Lease Type: Absolute NNN
  • Status: Under Contract

Absolute NNN Lease – This long-term lease features zero landlord responsibilities. Corporate Brinker Lease – The property features a corporate lease with Brinker, one of the world’s leading casual dining restaurant companies, with more than 1,600 restaurants in 31 countries, serving over 1 million customers per day. Attractive Annual Rent Increases – 1.5% rent escalations each year throughout the initial term and during each of the four 5-year option periods. Strong Regional Market – Outlot to Home Depot and Meijer Supermarket with other major national tenants in the immediate area including Menards, Jewel-Osco, Starbucks, Chipotle, Wendy’s, McDonald’s, Jimmy John’s, and Dunkin’ Donuts, among others. Affluent Demographics – The trade area caters to 94,641 residents earning $121,000 average annual income within 5 miles of the property.