Chili’s (Ground Lease)

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LTV (Loan to Value)	0.00%	Current NOI	$0.00
Interest Rate	0.000%	Capital Rate	0.000%
Fixed Term	10 Years Years	Land Area
Amortization	Years	Lease Type
Loan Amount	$0.00	Property Type
Payment	$0.00	Property Lease
Bulding Size	0 SF	Remaining Terms

Location Description

Ardmore is a business, cultural and tourism city in and the county seat of Carter County, Oklahoma. The Ardmore micropolitan statistical area had an estimated population of 48,491 in 2013. Ardmore is located 90 miles equidistant from Oklahoma City and Dallas/Fort Worth, Texas. Ardmore was listed as one of the 50 Best Towns in America and was twice named an All-American City.Ardmore’s major employers are Michelin North America, with 1,900 employees, and Mercy Memorial Health Center, with 900 employees. Several hundred employees work for regional distribution centers for Best Buy, Dollar Tree and Dollar General Stores, among others. The Ardmore trade area extends over a 7-county area comprising more than 128,000 people. Counties include Carter, Love, Jefferson, Johnston, Marshall, Murray and Garvin.

Highlights

New 10-year Ground Lease – Rent commenced upon Chili’s opening at the new prototype restaurant in April 2015Excellent Rent Growth…