Property History
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.
Available below replacement cost.
Prime Location: High-visibility location at the signalized intersection of Monty Stratton Parkway & Interstate 30 Frontage Road, offering ideal accessibility.
2025 Construction: Brand-new 2025 construction built to the latest Olive Garden prototype.
Strong Demographic Base: The fifteen-mile radius serves a populous region, with 55% growth since 2010 and an average annual household income of $106,893.
Excellent Traffic Drivers: 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.
Zero Management Responsibilities: Absolute NNN ground lease structure transfers maintenance and expense obligations to tenant, including roof, structure, and parking lot.
Growing Market Dynamics: 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.
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
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