Chili's

4000 Vinewood Lane North | Plymouth, Minnesota 55442
Offering Memorandum
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​Contact Brokers

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Jim Shiebler, CCIM, CEC

First Vice President Investments

Jim.Shiebler@MarcusMillichap.com

(O) 239.340.7811
FL #SL3347780

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James Garner, CCIM
First Vice President Investments​James.Garner@MarcusMillichap.com
(O) 813.387.4796
FL #SL3273659

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James Medefind
Senior Vice President Investments
James.Medefind@MarcusMillichap.com
(O) 813-387-4788
FL #SL3216834

​Highlights

  • Trophy Location / Irreplaceable Real Estate - Complete Building Reimage / Renovation: 2021

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  • Corporate Guaranteed Absolute NNN Lease backed by Brinker International with over 1,600 units.

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  • Unprecedented Household Income: $166,735 = More Than 3X the National Average | Average Home Value: $508,000

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  • The Only Prime Outparcel to Rockford Road Plaza Power Center 

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  • Huge Traffic Count: 36,000 Vehicles per day at Intersection of Rockford Rd. & Vinewood Rd. | Adjacent to I-494 with 71,000 ADT

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  • Just 8 Miles NW of Downtown Minneapolis

​Description

Marcus & Millichap is pleased to present Chili’s, an opportunity for an investor to purchase a truly iconic brand with a proven track record of success in the submarket of Plymouth, MN. This is a corporate guaranteed lease with over 1,600 units backed by Brinker International. The subject property was recently reimaged on the interior and exterior proving tenant’s long-term commitment to the location. This prime location has a variety of phenomenal core real estate drivers including being located at a signalized intersection, boasting a massive traffic count of over 36,000 vehicles per day, and having a huge population density of over 67,000 people within a 3-mile radius. This ensures future appreciation and stability of the location.