The Boulder Group is pleased to exclusively market for sale a single tenant net leased Chili’s Grill & Bar property in Rosemont, 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 5,673-square-foot building is positioned at the signalized hard corner of Mannheim Road and Touhy Avenue, which see over 18,300 and 48,600 vehicles per day, respectively. The property sits on an outparcel of Rosemont Market Place, which is anchored by Target. The property is in close proximity to O’Hare International Airport and Allstate Arena which generates a consistent ?ow of traffic through the corridor. The surrounding area is home to a number of office and industrial users, including Abbott, Hertz, DHL, Deluxe Corporation, and Iron Mountain Data Centers. Nearby retailers include Chipotle, Fifth Third Bank, Ross, Raising Cane’s, Starbucks, and Outback Steakhouse. The property offers immediate access to Interstates 90 and 294, which together accommodate more than 350,000 vehicles daily. There are over 307,000 people residing within a five-mile radius. Additionally, this is an affluent community that produces an average household income of $132,400 within three miles.
Chili’s Grill & Bar, a flagship 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 flavors 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.