Chili's Grill & Bar Real Estate Opportunities & Market Research
Chili's Grill & Bar
Lowest Cap Rate
4.90%
Lowest Cap Rate over past 24 months
Average Cap Rate
5.25%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
5.12%
Average Cap Rate over previous quarter
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
5.66
5.37
5.33
5.05
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
Fort Mill, SC5.75%
Aurora, CO4.91%
Antioch, CA5.32%
Top Consumer Traffic
Atlanta, GA626,600
Yuba City, CA509,500
Buena Park, CA487,800
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data