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4010 I-30 FRONTAGE RD Greenville TX 75402

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Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Building SqFt 7,831
Year Built 2025
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******
Days on Market ******
Latitude 33.0151
Longitude -96.2124

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant, Storefront
Marketing Description

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.

Investment Highlights

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

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
VA
Vincent Aicale PRO
•••.•••.5522
•••••.••cale@••••••••.com
Brokerage logo
Listing removed on
 BY:
RF
Ryan Forsyth PRO
•••.•••.9114
••••.•••syth@••••••••.com
Brokerage logo
Listing removed on
 BY:
RT
Russell Train
•••.•••.1813
•••••••.•rain@••••••••.com
Brokerage logo

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