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    Freestanding Chili's Investment Property Title is generated by Realmo AI

    14025 S Bell Rd, Homer Glen, IL

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    NNN leased Chili's in Homer Glen, Chicago MSA.

    Type:RETAIL
    Property size:
    5,557 SF
    Lot size:
    1.42 Acres
    Price / SF:
    $574/SF
    Added:
    Oct 25, 2024
    Days on Market:
    599
    Last Refresh:
    May 20 at 8:28 pm

    Property Features for 14025 S Bell Rd

    General Information

    Standard status
    Active
    Size
    5,557 SF
    Lot size
    1.42 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Matthew Mousavi
    Matthew Mousavi

    Listing agent Matthew Mousavi License #CA 01732226

    Listing office SRS Industrial - Newport Beach

    Listing date Oct 25, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of SRS Industrial - Newport Beach

    HighLights

    • Absolute NNN lease: a truly passive investment opportunity.
    • Newly renovated, freestanding Chili's property in Homer Glen, Illinois (Chicago MSA).
    • Approximately 4 years remaining on the initial lease term with 2 (5‑year) options to extend.
    • Annual 1.5% rental increases.
    • Tenant is Brinker Restaurant Corporation, a subsidiary of Brinker International Inc. (NYSE: EAT).
    • Fee simple interest (land and building ownership) included.

    Overview

    This is a fee simple interest in an absolute NNN, newly renovated, freestanding Chili’s investment property. Located in Homer Glen, Illinois, within the Chicago MSA, the tenant has approximately 4 years remaining on their initial term, with 2 (5-year) options to extend. The lease features annual 1.5% rental increases. The lease is absolute NNN with zero landlord responsibilities. The property is 5557 square feet. Brinker Restaurant Corporation is a subsidiary of Brinker International Inc., a publicly-traded company (NYSE: EAT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Homer Glen
    County
    Will
    State
    Illinois
    Longitude
    -87.9304
    Latitude
    41.634

    Nearby Similar for Sale

    • $550,000

      Established Restaurant in Homer Glen

      Turn-key restaurant in Homer Glen's business corridor for sale.
      14065 S Bell Road, Homer Glen, IL 60491
      View Details
    • $2,350,000
      31,363 SF

      Versatile Commercial Building with Warehouse

      Mixed-use property featuring retail, office, and warehouse space.
      13412 West 159th Street, Homer Glen, IL 60491
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - NNN leased Chili's in Homer Glen, Chicago MSA.
    Where is this conventional restaurant located?
    The property is located at 14025 S Bell Rd Homer Glen, IL.
    What is the asking price?
    The asking price for this property is $3,193,000.
    What are key features of this property?
    This property features: Absolute NNN lease: a truly passive investment opportunity.; Newly renovated, freestanding Chili's property in Homer Glen, Illinois (Chicago MSA).; Approximately 4 years remaining on the initial lease term with 2 (5‑year) options to extend.
    (949) 698-1116 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Matthew Mousavi
    Matthew Mousavi
    Real Estate License ID: CA 01732226
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