Property History
Property Type
Property Type
Property Subtype
Marketing Description
Chili’s Grill & Bar (the “Property”) is a 4,707 square foot single-tenant ground lease development located at 904 E Tyler Street in Athens, Texas. The Property will be part of a greater shopping center development known as Tyler Street Commons. The Center consists of 3 parcels that will include Chili’s, a brand-new McAlister’s Deli, and one other future tenant once construction is completed.
Investment Highlights
Brand New Construction - Projected opening date October 20, 2022
10-Year Ground Lease with built in rental escalations - 10% base rent increase in 2027
4, 5-Year Renewal Options - 10% base rent increase each option period
Low Cost, Low Responsibility Property - Tenant maintains Property through lease term
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Property Details
Contacts
Map
Comparable Properties
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