Description:
GROUND LEASE
- Zero Landlord Responsibilities. Tenant is responsible for all property expenses including Taxes, Insurance, CAM, and Roof & Structure.
STRONG NATIONAL TENANT
- This location’s lease is backed by GMRI, INC (Darden’s corporate entity behind the majority of its Olive Garden’s locations). Olive Garden is one of the country’s leading national restaurant chain with 1,200+ locations and $1.99B in annual revenue.
NEW LEASE RENEWALS
- Olive Garden recently exercised two consecutive lease renewals which gives them 10+ years of term remaining on their lease.