1300 Avenue Of Mid America
Effingham, IL 62401

Chili’s has 12+ years remaining on Absolute NNN lease with attractive rental escalations every 5 years – lesser of 10% of 1.25x of CPI and three 5 year renewal options. The tenant, Brinker International Corporation has more than 1,600 restaurants worldwide under the names Chili’s Bar & Grill and Maggiano’s Little Italy. This asset has been successfully open and operating since 2003 ($300,000+ remodel at tenant’s cost) with an attractive 5.11% rent-to-sales ratio. Chili’s is located in Effingham, Illinois on a large 1.37 acre lot on a pad site to Walmart Supercenter with excellent driveby visibility. Nearby retailers include: Walmart Supercenter, Menards, Kohl’s, Dollar Tree, ALDI, Save-A-Lot, Martin’s IGA Plus, Sears Hometown Store, Goodwill, Maurices, Hibbett Sports, Famous Footwear, Kay Jewelers, AutoZone, O’Reilly Auto Parts, Verizon, AT&T, Walgreens, Sherwin-Williams, etc. The subject location is 4 miles from Kluth Center for Higher Education & Technology and less than 2 miles from HHSC St. Anthony’s Memorial Hospital (133 beds). *In Association with Illinois Local Broker: Travis R. Tarrant, Tarrant & Harman Real Estate and Auction #47106673