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Chili's 2801 Countryside Dr 5,991 SF Retail Building Turlock, CA 95380 $2,775,000 ($463.19/SF) 4.75% Cap Rate



Investment Highlights
- Corporate Guaranteed Triple Net (NNN) Lease. Publicly traded parent company. Brinkers International, NYSE: EAT
- Over 1 Acre parcel on a signalized intersection. Leasehold Ground Lease. 116 SF of frontage on Countryside Dr.
- Strong unit volume. Chili's average unit volume exceeds $4.5 Million per restaurant.
- Tenant has over 20+ Years of operating history at this location. Top performing Chili's in the region.
- Located in a top California Retail Power Center. #2 in Northern California and #5 statewide based on annual customer visits.
- Chili's is considered a Top 10 full-service casual restaurant chain with over 1,600 locations.
Executive Summary
Property Facts
Amenities
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- 5,991 SF
- $1.83
- Triple Net
- Jun 2035
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 | 5,991 SF | $1.83 | Triple Net | Jun 2035 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 088-03-41 | Improvements Assessment | $1,288,015 |
| Land Assessment | $792,784 | Total Assessment | $2,080,799 |
Property Taxes
Presented by
Chili's | 2801 Countryside Dr
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