Chili’s | Absolute NNN Lease
Market Price
14025 S. Bell Road, Homer Glen, IL 60491
5,557 sqft
Building Size
1.45 acres
Lot Area
Details:
Highlights:
- Absolute NNN Lease
- Favorable Annual Increases
- Major Tenant Credit
- Reimage 2020
- Strong Regional Market
- Minimal Competition & Affluent Demographics
Description:
Baum Realty Group, LLC has been exclusively retained to sell the single-tenant Chili’s Grill & Bar restaurant property located in Homer Glen, IL (Chicago MSA), approximately 25 miles from downtown Chicago. The property features an Absolute NNN lease with 1.5% annual increases throughout the primary term and each of the four 5-year option periods.
The large 1.45-acre outlot is strategically positioned in front of The Home Depot and Meijer Supermarket, with excellent visibility and exposure along South Bell Road, the trade area’s primary northsouth corridor. The property benefits from an affluent customer base earning an average household income of $121,000 and is surrounded by several national tenants including Starbucks, Chipotle, Jewel-Osco, Menards, Wendy’s, McDonald’s, Dunkin Donuts, Lou Malnati’s Pizza, Jimmy Johns, Bank of America, and others
Documents:
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Offering Memorandum
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Location
Gallery
