Chili’s Single-Tenant NNN
For Sale
Contact for pricing
4120 US-77, Corpus Christi, TX 78410
Corporate-guaranteed occupancy, scheduled rental increases, and three additional renewal options support the net-lease structure.
Property SizeContact for details
Days on Market145
Property Features for 4120 US-77
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
51,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Graystone Capital Advisors
(949) 942-1300
Listed By:
Matt Hardke · License #CA 01946266
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 7:58PM
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 Graystone Capital Advisors
Investment Insights
Based on property information with market context.
This leased-fee investment includes a single-tenant Chili’s Grill & Bar under an absolute NNN lease with limited landlord responsibilities. The tenant has extended the lease for another 5 years, with 3 (5-year) options remaining. Rental increases of 7% begin at the start of each option period. Landlord obligations are limited to maintenance of an approximate 0.5 AC unimproved back lot.
The property fronts the IH-69 Access Road and has direct on/off ramp access to I-69E, which carries a combined 51,000 VPD. Five Points Shopping Center is directly across the road and includes Hobby Lobby, Ross Dress for Less, Bealls, Burkes Outlet, Petco, and other retailers. Walmart Supercenter and The Home Depot also contribute to consumer activity in the trade area. The site serves approximately 58,000 residents within a 10-mile radius, where average household income is $70,000.
The property fronts the IH-69 Access Road and has direct on/off ramp access to I-69E, which carries a combined 51,000 VPD. Five Points Shopping Center is directly across the road and includes Hobby Lobby, Ross Dress for Less, Bealls, Burkes Outlet, Petco, and other retailers. Walmart Supercenter and The Home Depot also contribute to consumer activity in the trade area. The site serves approximately 58,000 residents within a 10-mile radius, where average household income is $70,000.
Key Highlights
- Single‑tenant Chili’s Grill & Bar with corporate guarantee
- Lease extended for another 5 years with 3 (5‑year) options remaining
- Absolute NNN lease with 7% rental increases at each option period
Property Analytics
Current Use
Lease Details
51,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
Explore this area
Business Placement
Demographics for 78410, TX
29,545
Population
10,798
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
90%
High-School Grad
22.5 sq mi
ZIP Area
1,313
Density / Sq Mi
$77,642
Median Household Income
$45,386
Median Earnings
$1,158
Median Rent
$220,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Corporate-guaranteed occupancy, scheduled rental increases, and three additional renewal options support the net-lease structure.
Where is this nnn property located?
The property is located at 4120 US-77 Corpus Christi, TX.
What are key features of this property?
This property features: Single‑tenant Chili’s Grill & Bar with corporate guarantee; Lease extended for another 5 years with 3 (5‑year) options remaining; Absolute NNN lease with 7% rental increases at each option period
