Chili's Grill & Bar
Lowest Cap Rate
4.50%
Lowest Cap Rate over past 24 months
Average Cap Rate
5.74%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
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
Average Sale Price$2,750,000 - $4,000,000
Average NOI$175,000 - $225,000
Building SF4,500
Lease Term15 Years
Escalations10% Every 5 Years
Stock SymbolNYSE:EAT
Credit Rating
S&PBB+
Moody'sBa1
Cap Rate By Region
5.66
5.40
5.33
5.03
5.00
5.00
*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
North Las Vegas, NV5.00%
Lakeland, FL4.90%
Oshkosh, WI5.65%
Top Consumer Traffic
Yuba City, CA612,800
Brownsville, TX494,500
East Peoria, IL480,200
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data