Lowest Cap Rate
4.90%
Lowest Cap Rate over past 24 months
Average Cap Rate
5.87%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
5.79%
Average Cap Rate over previous quarter
Average Quarter Cap Rates calculated over prior full quarter, irrespective of term length
Overview
Chili's Bar and Grill is an American casual dining restaurant known for its Tex-Mex menu such as tacos, quesadillas and fajitas. With over 1,700 locations worldwide, Chili's is constantly changing and looking to keep a fresh menu. On average, Chili’s offers 15 year lease terms with typical rent escalations of 10% every 5 years, and zero landlord responsibility. Chili’s locations are generally around 6,000 square feet on 1.0-2.0 acres.
Property & Lease
Sales Price Range$2,750,000 - $4,000,000
NOI Range$175,000 - $225,000
Building SF4,500
Lease Term15 Years
Escalations10% Every 5 Years
Stock SymbolNYSE:EAT
Credit Rating
S&PBB-
Moody'sBa3
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
6.50
5.51
5.44
5.46
4.91
5.11
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
- Financial Fundamentals
- Stock Analysis
Recent Sales Comps
Apopka, FL6.25%
Palestine, TX6.13%
Batavia, IL5.98%
Top Consumer Traffic
Atlanta, GA632,600
Westbury, NY616,200
Buena Park, CA540,000
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
