Denton, TX - Chili's

Description:

• Chili’s Bar & Grill operated by Brinker Texas, Inc., subsidiary
of Brinker International
• Tenant recently exercised renewal options extending the lease through 2036 with two (2) five-year options to extend
• Scheduled 10% rental increase in August 2031 and at the beginning of each of the two (2) option periods, providing steady NOI growth
• Low Rent-to-Sales Ratio (~4.00%), indicating strong store-level performance and sustainable occupancy costs

• Strategically located along I-35E (117,100 VPD) with convenient access via US-77 and Loop 288
• Surrounded by major national retailers including Target, Walmart Supercenter, The Home Depot, Burlington, Michaels, and more
• Located directly across from Golden Triangle Mall, featuring national tenants including H&M, Ross, Barnes & Noble, etc.
• Strong tenant synergy promotes crossover shopping to the subject property

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Listing ID: a28TP000002VeHlYAK