Olive Garden
10 Year Olive Garden | $2.7M | DFW
Marketing description
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Olive Garden investment property located in Cedar Hill, Texas (Dallas MSA). The tenant, Olive Garden Holdings, LLC recently signed a brand new 10-year lease, with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years of the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.
Investment highlights
Brand New 10-Year Lease | Options To Extend |Scheduled Rental Increases
Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
Signalized, Hard-Corner Intersection (51,000 VPD) | Excellent Visibility | Significant Street Frontage | Large Pylon Sign
Outparcel to Haverty Furniture | Retail Corridor | Strong National/Credit Tenant Presence
Direct, Affluent Consumer Base | Strong Demographics In 5-Mile Trade Area
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