4010 Interstate 30 - Retail FOR SALE


Caddo Mills, TX 75135
$4,333,000 USD
415-690-5522
4010 Interstate 30, Caddo Mills, TX for Sale
$4,333,000 USD
Retail - FOR SALE
1/7
null | 5.5% Cap Rate

4010 Interstate 30
Caddo Mills, TX 75135


HIGHLIGHTS

  • New 10-year absolute NNN ground lease to Olive Garden, a Darden Restaurants brand operating 900+ locations, delivering reliable income (NYSE: “DRI”).
  • 10% rental increases every five years deliver steady growth through the initial term and four (4) five year options.
  • Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
  • Darden Restaurants (NYSE: DRI) saw a 12% stock price surge in Q1 2025, underscoring Olive Garden’s robust market position.
  • In Q4 2025, Olive Garden has seen same-restaurant sales jump 6.9%, outpacing the broader Darden system.
  • Darden recently authorized a $1 billion share repurchase program, underpinned by Olive Garden’s strong cash flow.

OVERVIEW

High-visibility location at the signalized intersection of Monty Stratton Parkway & Interstate 30 Frontage Road, offering ideal accessibility. Brand-new 2025 construction built to the latest Olive Garden prototype. The fifteen-mile radius serves a populous region, with 55% growth since 2010 and an average annual household income of $106,893. The property is surrounded by a vibrant mix of local and national retailers that drive Greenville’s primary economic activity, including Walmart Supercenter, Lowe’s Home Improvement, The Home Depot, Academy Sports + Outdoors, Belk, and many more. Absolute NNN ground lease structure transfers maintenance and expense obligations to tenant, including roof, structure, and parking lot. Projected population and income increases within 5-, 10-, and 15-mile radii over the next five years poise this Olive Garden and Greenville for steady concurrent growth.

FOR SALE DETAILS

PRICE

$4,333,000 USD

PRICE/SF

$553 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Olive Garden

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

133

LAND DETAILS

LAND ACRES

1.86 AC

LAND SF

81,022 SF

ZONING

-

APN/PARCEL ID

130496

ASK ABOUT THIS PROPERTY

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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Vincent AicaleCushman & WakefieldMore Info
415-690-5522

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.