The Boulder Group is pleased to exclusively market for sale a single tenant net leased Chili’s Grill & Bar property in Crystal Lake, Illinois, within the Chicago MSA. Chili’s has been successfully operating this location since 2007. The current lease runs through October 2027 and features four 5-year renewal options. There are 1.5% annual rental escalations throughout the primary term and renewal options. The former franchisee was acquired by Brinker International in 2019 making this a corporate location. Additionally, the lease is absolute triple net presenting no landlord responsibilities. The 5,663-square-foot building bene?ts from its location along Northwest Highway in Crystal Lake, which experiences a traffic volume exceeding 26,000 vehicles per day. The property is located within a major retail corridor. Prominent neighboring tenants include Target, Sam’s Club, Home Depot, Kohl’s, Best Buy, Jewel-Osco, Fresh Thyme Market, Mariano’s, ALDI, and many others. Additionally, the newly constructed 260-unit luxury apartment complex, Water’s Edge, located directly across from Chili’s, is expected to directly bene?t the restaurant. The surrounding area is densely populated, with over 125,000 residents living within a ?ve-mile radius. Furthermore, the ?ve-mile radius boasts an affluent population with an average household income of $139,963. Chili’s Grill & Bar, a ?agship brand of Brinker International, has been a staple in the casual dining scene since its inception in Dallas, Texas, in 1975. Renowned for its bold Southwestern ?avors and signature dishes like sizzling fajitas, baby back ribs, and the Triple Dipper®, Chili’s offers a vibrant atmosphere that appeals to families, friends, and food enthusiasts alike. With over 1,500 locations across the United States and internationally, the restaurant continues to evolve, embracing digital innovations and menu enhancements to meet the changing tastes of its diverse customer base.