Property History
Property Type
Property Type
Property Subtype
Marketing Description
The offering presents an opportunity to acquire an Olive Garden restaurant operating under a corporate-guaranteed ground lease with a recent lease extension and located along North Expressway 83 in Brownsville, Texas, with exposure to approximately 106,362 vehicles per day. According to Placer.ai, the property ranks in the top 15% nationwide among Olive Garden locations by annual visits. Darden operates both Olive Garden and LongHorn Steakhouse within the development, reflecting a sustained operational commitment and established presence at the site.
Investment Highlights
- Recent Lease Extension - Corporate Ground Lease With 11.7 Years Remaining
- High-Performing Location — Top 15% Nationally | 367,700 Visits (Last 12 Months)
- 7,916 SF Freestanding Building Within the 10-Acre Las Palmas Retail Development
- Frontage on U.S. Route 77 — Major Route to the U.S./Mexico Border (106,362 VPD) Near Sunshine Mall
- Corporate Guarantee — Darden Restaurants, Inc. (NYSE: S&P: BBB)
- Dense Trade Area With 164,014 Residents and 157,812 Daytime Employees (5-Mile Radius)
- Seven Miles from the Port of Brownsville and Approximately 30 Minutes to Matamoros, Mexico
- Brownsville–Harlingen Metro | Population of Approximately 430,000
Loan History
Financial History
Tax History
Contact Information
These phone numbers and email addresses are checked against the litigator and TCPA lists. Report an error
Ownership Information
Property Details
There are no additional details for this property
Contacts
Map
Comparable Properties
Does any data look off? Help us improve Crexi by offering your feedback!






