Lee & Associates – Orange is pleased to present the opportunity to acquire a single-tenant, absolute net-leased Olive Garden restaurant located in San Dimas, California. The property is situated on a pad site within a high-traffic, Costco-anchored shopping center and consists of approximately 7,437 square feet of building area on two separate parcels totaling approximately 1.51 acres of land. The property is being offered at $4.45 million, representing a 4.95% cap rate on $220,000 of net operating income. The lease is corporately guaranteed by GMRI, Inc., a wholly owned subsidiary of Darden Restaurants, Inc., a publicly traded company (NYSE: DRI) with an approximate $23 billion market
capitalization. The Olive Garden is a strong sales location, ideally positioned near the Interstate 57 and 210 Freeways and within a highly trafficked retail center featuring numerous national and major regional tenants. The property is structured as an absolute triple net lease, providing investors with zero landlord responsibilities. This offering provides investors with passive income backed by a nationally recognized restaurant brand and a strong corporate guarantor in a prime retail location.