Chili's

12700 I-45, Willis, TX 77378

$2,900,000

Cap Rate 5.00%

View OM

DOM: 2 Updated: 08.20.25 Posted: 08.20.25 Status: Active 08.20.25

Summary

Price $2,900,000	Built/Renov 2025	Tenant Chili's
Cap Rate 5.00%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 5,136	Lease Start 06-12-2025	#Units 1,605
Price/SF $564.64	Expiration 06-30-2035	Tenant Type Casual Dining
NOI $145,000	R. Term 9.10	Ownership Ground Lease
Rent/SF $28.23	Increases 10.0%/6/yrs	Pop 5Mi 46,322
Lot/AC 1.37	Options 4/5yrs/10%	AHHI 5Mi $116,090

Highlights

The lease features four five year renewal options
There is a rental increase of 10% every 5 years throughout the base term and options
Absolute NNN Lease | Zero Landlord Responsibilities
Corporate Guarantee | Investment Grade Tenant

Location Description

Chili’s Grill & Bar is strategically located along Interstate 45 in Willis, Texas, with access to a daily traffic count of approximately 100, 457 vehicles. The site is surrounded by major national retailers including Walmart Supercenter, H-E-B, Kroger, The Home Depot, Lowe’s, Chick-fil-A, Starbucks, and McDonald’s, driving consistent consumer traffic to the area. The property is located near...

...

Key Features

New construction
Build to suit
High traffic 50M+ VPD
Freeway close
Major MSA
New development zone
Brand new lease
Absolute NNN
Traded and rated company
Corporate Guarantee

...

Links

Chili's Official Website Wikipedia Chili’s Grill & Bar Wikipedia Willis, TX Zip Code 77378 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Chili's
Guarantor:Corp T and Rated
Company:Brinker International, Inc.
# Units:1,605
Tenant S&P: BB-
Moody’s: Ba3
Stock: NYSE: EAT

About Tenant

Chili’s Grill & Bar is an American casual dining chain serving American food , Tex-Mex cuisine , and Mexican-inspired dishes . Founded in 1975 on the corner of Greenville Avenue and...

...

Listing Broker

Brian Pfohl

CBRE: NLPG Atlanta

Contact

150 Listings
34461 Views
79 Sold

Chris Bosworth

CBRE: NLPG Atlanta

Contact

152 Listings
35059 Views
82 Sold

Brian Pfohl

Brian Pfohl is an Executive Vice President with CBRE’s Net Lease Property and Corporate Capital Markets practice groups. Mr. Pfohl’s singular focus is to advise corporate users, institutions, private equity firms, REITs, developers, and private individuals regarding all facets of net-leased properties. Mr. Pfohl’s expertise stems from the myriad of sale-leaseback transactions, net lease investment sales, programmatic portfolio dispositions, and advisement assignments he has completed throughout

...

Chris Bosworth

Chris Bosworth is a Vice Chairman and Managing Director of the CBRE Net Lease Property Group and Corporate Capital Markets practice. Mr. Bosworth’s focus is to advise institutions, private equity firms, REITs, developers and corporate users regarding all facets of net-leased properties. In his career, Mr. Bosworth and his partners, Will Pike and Brian Pfohl, have been responsible for the disposition of 3,900 transactions valued in excess of $29 billion. Mr. Bosworth and Mr. Pike co-head the

...

Disclaimer & Confidentiality

All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT