Chili’s Grill & Bar (Corporate Lease): Peachtree City, GA

NEW 15-YEAR ABSOLUTE NNN LEASE
The subject property operates under an Absolute NNN Lease, with 15-years remaining and no Landlord management or maintenance responsibilities whatsoever.

CORPORATELY GUARANTEED LEASE WITH ANNUAL RENT INCREASES
The Corporate Lease provides 1.5% fixed annual rent increases during the primary term and is corporately guaranteed by Brinker International, Inc. (NYSE: EAT).

LEASE GUARANTOR IS ONE OF THE WORLD’S LEADING CASUAL DINING RESTAURANT COMPANIES
Brinker International, Inc., the Guarantor under the Lease, has a credit rating of “BB+” from Standard & Poor’s and “Ba1” from Moody’s.

WELL-ESTABLISHED LOCATION WITH STRONG DEMOGRAPHICS
The subject property has a 19-year operational history at this location, situated along Joel Cowan Parkway (42,410 VPD) in Peachtree City, a master-planned community with over 100 miles of paved cart paths providing a secondary means of access to almost any destination within city limits. The location also boasts an average household income of $100,832 within a one-mile radius.

CHILI’S GRILL & BAR AND BRINKER INTERNATIONAL, INC. HIGHLIGHTS(1)
• Founded over 40 years ago and currently owned and operated by Dallas-based Brinker International, Inc.
• Brinker International, Inc. has a credit rating of “BB+” by Standard & Poor’s and “Ba1” by Moody’s
• Generated revenue of approximately $3.14 billion in Fiscal 2018
• 1,632 Chili’s Grill & Bar locations worldwide in 49 states, 32 countries and 2 U.S. territories with more than 100,000 team members worldwide
• As of January 29, 2019, Brinker International, Inc. owned, operated or franchised 1,685 restaurants worldwide, consisting of 995 company-owned restaurants and 690 franchised restaurants across both Chili’s Grill & Bar & Maggiano’s Little Italy brands
• Approximately 50 million Americans visit Chili’s Grill & Bar every three months
• Recognized as one of ”America’s Best Employers” on the 2015 Forbes List and Fortune’s “100 Best Workplaces for Millenials”

Seller will guarantee Buyer the difference between the current rent and the next rent increase scheduled for August 1, 2019. Income shown reflects proforma rent as of August 1, 2019. The difference in rent will be credited at closing.

(1) Chili’s Grill & Bar is the Tenant under the Lease. Brinker International, Inc. is the Guarantor

Georgia Broker of Record: Michael J. Fasano
License: 352663