Corporate Chili’s Grill & Bar

2401 West 95th Street, Evergreen Park, IL
Deal Type:
Net Lease
Price:
$3,368,421
Cap Rate:
4.75%
Current Rent:
$160,000
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 10 years
Renewal Options:
Four, 5-year
Building Sq. Ft.:
6.054 SF
Rent Increases:
10% in each option
Site Size:
0.35 Acres
  • chili's stream capital partners
  • chili's stream capital partners
  • chili's stream capital partners
  • chili's stream capital partners

Investment Highlights

  • Located within Evergreen Plaza, a recently redeveloped 375,429 SF shopping center that is 94% leased and anchored by Whole Foods, TJ Maxx, Burlington, Ulta, and others.
  • Dense Chicago MSA location with 227,500 people and an average household income of $93,684 within 3 miles
  • Corporate Abs. NNN ground lease provides passive ownership for an investor.
  • Premier signalized hard corner location situated at the intersection of 95th & Western which provides 57,560 VPD.
  • Brinker International is a leading restaurant brand worldwide with more than 1,600 restaurants, revenue of $3.34 bn and net income of $131mm for the FYE 2020.
  • Additional retailers at the intersection include Walmart, Mariano’s, Sam’s Club, Meijer, and Menards, among others.
  • New 2022 construction

Listing Agents

Graham Gold

Vice President
314 324 8792
Graham@stream-cp.com

Patrick Tupa

Associate
847 345 6681
Patrick@stream-cp.com

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

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