Chili’s has 13 years remaining on Absolute NNN lease with attractive rental escalations every 5 years – lesser of 10% or 1.25x of CPI and three 5-year renewal options. The tenant, Brinker Restaurant Corporation – as of September 25, 2019, Brinker owned, operated and franchised 1,672 restaurants worldwide comprising 1,619 Chili’s and 53 Maggiano’s Little Italy Restaurants. This asset has been successfully open and operating since 2016 ($300,000 remodel at tenant’s cost) with an attractive 5.36% rent to sales ratio! Chili’s is located in DeKalb, Illinois on a large 1.08 acre lot on a pad site to Walmart Supercenter in a dense retail corridor with great drive by visibility. Nearby retailers include: Kohl’s & Lowe’s, Target, Menards, Hobby Lobby, Dollar Tree, Hy-Vee, Jewel-Osco, ALDI, Bed Bath & Beyond, Best Buy, T.J. Maxx, Ross Dress for Less, Maurices, Michaels, Five Below, Ulta Beauty, DSW, Petco, PetSmart, Party City, OfficeMax, AutoZone, Verizon, Cricket Wireless, T-Mobile, AMC Market Square, etc. The subject location is just 2.5 miles from Northern Illinois University (16,609 students) and less than 1 mile from Northwestern Medicine (98 beds). *In Association with Illinois Local Broker: Travis R. Tarrant, Tarrant & Harman Real Estate and Auction #471016673