$3,379,000 USD
704-379-1985
HIGHLIGHTS
- Absolute net ground lease | Zero landlord responsibilities
- Investment grade credit | BBB/Baa2 | Stable performance | Corporate lease | Darden Restaurants, Inc. | 2,100 casual dining locations across the U.S.
- Explosive population growth within 1-mile | 99.71% from 2010-2025
- Affluent surrounding area | $106,773 average household income within a 3-mile radius
- Attractive population density within a 5-mile radius | 152,387 residents
- Located within a dense retail corridor | 3.1M SF within a 2-mile radius
FOR SALE DETAILS
PRICE
$3,379,000 USD
PRICE/SF
$438 USD /SF
CAP RATE
5.85%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Olive Garden Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
145
LAND DETAILS
LAND ACRES
2.25 AC
LAND SF
98,141 SF
ZONING
Commercial
APN/PARCEL ID
025-091-34
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704-379-1985
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704-379-1985
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