Listed by Landmark Commercial Real Estate Services
$5,800,000
The Capital Grille
Details
APN 28-99-0006-008, Unit 3
Property Type Retail, Hospitality
Sub Type Restaurant
Square Footage 9,079
Cap Rate 5.00%
NOI $290,000
Occupancy 100%
Tenancy Single
Brand/Tenant The Capital Grille
Lease Type Absolute NNN
Lease Term 10
Lease Expiration 06/29/2026
Remaining Term 10
Lease Options Four, Five-Year Options with Rent Increases
Year Built 2026
Acreage 2.350
Zoning C-4, High-Rise Commercial District
Investment Type Net Lease
Rent Commencement 06/30/2026
New Construction Capital Grille - Adjacent to 5 Hotels
Marketing description
Landmark Investment Sales is pleased to offer for sale a premier, high-end credit restaurant investment featuring Capital Grille and Cooper’s Hawk Winery, both operating under new 10-year leases. Capital Grille is backed by Darden Restaurants (NYSE: DRI), while Cooper’s Hawk has been primarily owned by Ares Management (NYSE: ARES). The property is strategically located with direct access off I-275 (163,000 VPD) and is part of a new development featuring five adjacent hotels— Holiday Inn, Home2, Marriott, Courtyard, and Best Western—providing a built-in customer base. The site benefits from strong demographics, with 207,000 people within a 5-mile radius and an average household income of $145,632. The properties are available for purchase together or separately.
The Capital Grille is a premier fine-dining steakhouse brand known for its dry-aged steaks, extensive wine list, and refined, upscale atmosphere. Established in 1990, the concept has built a strong national reputation as a destination for business dining, special occasions, and high-end clientele. The brand operates under Darden Restaurants, one of the largest and most financially stable restaurant operators in the United States, providing institutional-grade credit strength and operational expertise.
The Capital Grille benefits from its positioning in the high-end dining segment, attracting affluent consumers and corporate clientele. Its affiliation with Darden Restaurants ensures strong operational systems, marketing support, and financial backing. Locations are strategically selected within premier retail corridors, urban centers, and high-barrier-to-entry markets, supporting long-term viability and consistent sales performance.
Investment highlights
- Premium credit-tenant restaurant concepts:
- Capital Grille – New 10 Year Lease
- Backed by Darden Restaurants (NYSE: DRI): 2,181 locations, $11.4B Annual Revenue
- Cooper’s Hawk Winery – New 10 Year Lease
- Since 2019, Cooper’s Hawk is primarily owned by ARES Management (NYSE: ARES): $3.88B Annual Revenue
- Brand new construction:
- Cooper’s Hawk – Opened March 2026 | Capital Grille Opening Summer 2026
- Strong anticipated performances:
- Both Tenants Report Average Unit-Level store sales of over $10M
- High profile retail / hotel / office location:
- Direct Access off of I-275 (163,000 VPD)
- Part of new development with 5 adjacent hotels (Holiday Inn, Home2, Marriott, Courtyard, Best Western) for built in customer base
- Neighboring retailers include: Kroger, Home Depot, Chick fil A, Busch’s, Costco, Meijer, Hyde Park, Flemmings, Trader Joes, etc.
- 207,000 People within 5 Miles | $145,632 Average Household Income
- Passive investment | ground lease – zero Landlord responsibilities
Listing Contacts
Listed by Landmark Commercial Real Estate Services
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Loan Amount
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Annual Debt Service
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$--
Annual Cash Flow
$290,000.00
$24,166.67/mo
Valuation Metrics
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DSCR
5%
Cap Rate
5%
ROI
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