Olive Garden Ground Lease
Absolute Net Ground Lease | Investment Grade Credit | Affluent Surrounding Area
Investment 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.
• Located within a dense retail corridor | 3.1M SF within a 2-mile radius
• Long operating history | Leased since 2005
• Explosive population growth within 1-mile | 99.71% from 2010-2025
• Attractive population density within a 5-mile radius | 152,387 residents
• Significant industrial presence nearby | 10.4M SF of space within a 2-mile radius
• Affluent surrounding area | $106,773 average household income within a 3-mile radius
• Excellent visibility and access from West W.T. Harris Blvd | 34,000 VPD
• 10 minutes from Novant Health Huntersville Medical Center | 134 beds
• 15 minutes from University of North Carolina at Charlotte | 32,207 students
• 10 minutes from North Mecklenburg High School | 2,200 students
• Located across the street from a top-performing Lowe’s | Ranks in the 81st percentile nationwide via Placer.ai
• Strategically located near Northlake Mall | Super regional mall | 722K SF of retail space
• Nearby destination retailers | Target, Harris Teeter, Food Lion, ALDI, Lowe’s, Staples, Old Navy, REI, Buffalo Wild Wings, P.F. Chang’s, Chickfil- A, McDonald’s, Chipotle, Starbucks, CAVA, Wendy’s, Jersey Mike’s, Five Guys, Taco Bell, Zaxby’s, Sherwin-Williams, and more
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