Chili's

273 Robert C Daniel Jr Pkwy, Augusta, GA 30909

$4,844,000

Cap Rate 6.75%

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DOM: 65 Updated: 07.29.25 Posted: 07.29.25 Status: Active 07.29.25

Summary

Price $4,844,000	Built/Renov 1998	Tenant Chili's
Cap Rate 6.75%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 5,606	Lease Start 12-29-2005	#Units 1,605
Price/SF $864.07	Expiration 12-31-2032	Tenant Type Casual Dining
NOI $326,988	R. Term 7.3	Ownership Fee Simple
Rent/SF $58.33	Increases 0.0%/0/yrs	Pop 5Mi 157,083
Lot/AC 1.53	Options 3/5yrs/10%	AHHI 5Mi $97,514

Highlights

Tenant has 8 Years Remaining with 3 (5-Year) Options to extend
Lease features 10% Rental Increases Every 5 Years, Including at Each Option
Absolute NNN Lease | Zero Landlord Responsibilities
Franchisee Guaranteed

Location Description

Chili’s is strategically located at the signalized, hard-corner intersection of Wheeler Road and Robert C. Daniel Jr. Parkway, with combined traffic counts exceeding 50,000 vehicles per day and direct access to Interstate 520 (88,900 VPD). The property is situated within Augusta Exchange, a 1 million SF power center anchored by Target, and is just 1.5 miles from Augusta Mall (1.1 million SF)....

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Key Features

New construction
Signalized intersection
Freeway visibility
Strong tenant synergy
Dense 100M+ pop 5 mi
Strong demographics
Absolute NNN
Long 10+ yr lease
Over 500 units backed
Credit rated company

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Links

Chili's Official Website Wikipedia Chili’s Grill & Bar Wikipedia Augusta, GA Zip Code 30909 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...

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Demographics

	1 Miles	3 Miles	5 Miles
2030 Total Population :	7,230	63,564	160,870
2025 Total Population :	7,193	62,289	157,375
2025 Employed Civilian Pop :	3,194	28,553	72,018
2025 Total Businesses :	765	3,521	6,498
2025 Average Household Income :	$ 100,992	$ 94,876	$ 94,217
2025 Total Consumer Spending :	$ 341 M	$ 2355 M	$ 5538 M
2025 Median Age :	37	38	38
2025 Total Households :	3,865	28,466	67,471
2025 Pop Age 25+: Bachelor's Degree :	1,667	9,567	22,880
2025 Average Home Value :	$ 353,138	$ 307,728	$ 303,373

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Wheeler Rd	Robert C Daniel Jr Pkwy	2008	20,220	0.12 mi
	Wheeler Rd	2019	4,900	0.17 mi
Bobby Jones Expressway	I- 20	2019	87,100	0.17 mi
Wheeler Road	I- 520	2019	38,100	0.20 mi
George C Wilson Ct	George C Wilson Dr	2019	4,870	0.26 mi
	Wheeler Rd	2019	7,670	0.26 mi
George C Wilson Ct	George C Wilson Dr	2019	8,370	0.27 mi
I- 520	Wheeler Rd	2008	77,470	0.42 mi
I- 20	I- 520	2019	4,100	0.48 mi
I- 20	I- 520	2015	2,290	0.51 mi

Listing Broker

Matthew Mousavi

SRS National Net Lease Group

Contact

394 Listings
114439 Views
181 Sold

Patrick Luther

SRS National Net Lease Group

Contact

446 Listings
125965 Views
214 Sold

Matthew Mousavi

Matthew is the managing principal and co-founder of the SRS National Net Lease Group, based in Newport Beach, California. SRS’ is the exclusive net lease investment advisory platform across more than 25 offices nationally. SRS is the largest retail estate firm in North America exclusively focused on retail services, of which Matthew is a member of the board. The firm has a track record spanning over 30 years and billions in transaction volume, and represents over 400 retailers throughout the co

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Patrick Luther

Patrick joined SRS in 2016 with more than 10 years of transactional brokerage experience in the commercial real estate industry and over $1 billion in closed transactions, representing over 300 individual properties. Along with Matthew Mousavi, Patrick co-founded and leads the National Net Lease Group at SRS, the exclusive net lease capital markets platform within SRS, comprised of more than 75 professionals handling all net lease transactions for the firm nationally. He focuses on all types of

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