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Chili's Grill & Bar: Willis, TX 12700 Interstate 45 N 5,136 SF Retail Building Willis, TX 77378 $2,710,000 ($527.65/SF) 5.35% Cap Rate

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Investment Highlights

Brand New 10-Year NNN Ground Lease
Within the Brand New 5.58-Acre 'Plazas at Willis' | Chipotle Mexican Grill, LightPoint Engineering, LLC & a future outpad user.
Affluent Demographics & Built-In Customer Base | Population of 18,311 and Average HH Income of $102,349 within 3-miles

Excellent Access & Visibility Along I-45 (100,457 VPD)
Surrounded by Retail Powerhouses | Willis Town Center (79,340 SF), Sam Houston Town Center (238,344 SF), The Market at Willis (200,000 SF+), etc.
Houston-Pasadena-The Woodlands, TX MSA Advantage (MSA Population: 7.62M+)

Executive Summary

The CBRE Net Lease Property Group is pleased to offer for sale the ±9.5-year NNN Chili's Grill & Bar ground lease situated on 1.37 acres in Willis, Texas—part of the broader Houston-Pasadena- The Woodlands, TX MSA (Population: 7.62M+). Commenced in June 2025, the 5,136-square-foot Chili's features a 10% rent increase in year 6 and in each of the four, 5-year renewal options.