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- LoopNet Team
855 W Main Rd
Middletown, RI 02842
Chili's · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Pylon Sign
- Signalized Intersection
ABOUT 855 W MAIN RD , MIDDLETOWN, RI 02842
The Chili’s is well located along West Main Road (31,100 VPD) where it has excellent visibility and easy access. The Chili’s property is located in a strong retail corridor immediately across from Home Depot and ALDI and near other retailers including Stop & Shop, Walgreens, BJ’s Wholesale, CVS, Shaw’s, and Walmart. The Chili’s property is adjacent to a Holiday Inn Express and near numerous other hotels. There are 55,618 people living within five miles of the property with an average household income of $97,807. The lease is guaranteed by Brinker International, Inc. (S&P: BB+) (Moody’s: BA1), one of the world’s leading casual dining restaurant companies with more than 1,600 restaurants. Brinker International serves 1+ million guests every day and has over 100,000 team members worldwide. Chili’s was founded over 40 years ago and is currently operated by Brinker International. Brinker International has a strong commitment to investing in its locations through technology initiatives and store remodels. Chili’s has had a long and successful operating history at this location since 1995 and has strong store sales and a low rent-to-sales ratio.
PROPERTY TAXES
| Parcel Number | MIDD-000107-N000000E-000451 | Improvements Assessment | $8,806,200 |
| Land Assessment | $3,431,300 | Total Assessment | $12,237,500 |
PROPERTY TAXES
