Royse City, TX - Chili's

Description:

• Chili’s Bar & Grill corporate signed lease
• 10 years remaining with 4 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option

• The subject property is located less than a mile from a Walmart Supercenter anchored center that features other national/credit tenants including Whataburger, Panda Express, AT&T, Dollar Tree, Verizon, Papa John’s, O’Reilly Auto Parts, and more
• Located just off of Interstate 30 which sees over 73,500 vehicles passing by daily
• Located in the center of a primary retail corridor that features national/credit tenants such as McDonald’s, Taco Bell, Tractor Supply Co, Starbucks, CVS, Wingstop, Popeyes, Sonic, and many others
• Strong tenant synergy promotes crossover shopping to the subject property

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Listing ID: a28TP000001cF2HYAU