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Chili's Bar & Grill | Top FL Growth Market 36610 US-27
5,136 SF 4-Star Retail Building Haines City, FL 33844 $3,333,000 ($648.95/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare opportunity to own a corporately guaranteed, brand new construction Chili's on a long-term lease
- Strategically positioned between Walmart Supercenter and Lowe's along US Hwy 27 which carries a staggering 74,000 cars per day
- Florida is a top performing state for Chili's where they operate 138+/- stores and benefit from strong brand awareness and customer loyalty
- Polk County ranked as the #1 fastest growing County in Florida in 2023 with an additional +/- 17,000 homes being developed within a 6 mile radius
- Absolute Net Ground Lease provides passive ownership and stable cash flow for out of State investor
- Fixed 10% increases every 5 years provide a hedge against inflation and consistent rent growth
EXECUTIVE SUMMARY
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- -
- -
- Triple Net
- -
Chili’s Grill & Bar is in the business of making everyone feel special. In everything they do, they have to ask themselves if they’re putting the Guest first and making sure they’ll come back for more. Their Cultural Beliefs bring that passion to life and shape who they are as a company and as the people who live and breathe inside of it. They’re more than mere transactions – they’re people connecting with people! If their beliefs are strong, their actions will match. And that’s how they create memorable experiences and real results. As food on their menu comes in all shapes, sizes and flavors, no two Team Members are the same, and that’s the way they like it. It’s quite simple: They believe a diverse, equitable and inclusive workplace is good for Team Members, Guests, and the communities they serve. Their Team Members and Guests are diverse in gender, race, ethnicity, sexual orientation, disability, religion, age, cultural background and life experience.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | - | - | Triple Net | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 27-27-18-741064-000080 | Improvements Assessment | $0 |
| Land Assessment | $481,817 | Total Assessment | $481,817 |
PROPERTY TAXES
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Chili's Bar & Grill | Top FL Growth Market | 36610 US-27
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