Olive Garden

Price: $3,630,000
Sq. Ft.: 7,916
Cap Rate: 5.00%
Built: 2017
  • Corporate Ground Lease with Approximately 3.8 Years Remaining
  • Commitment to High Performing Site – Corporate Guarantor Opening Another Restaurant Next Door.
  • Heavy Retail Corridor – Located in a New Retail Development Near Sunrise Mall
  • More than 160,943 Residents Within a Five-Mile Radius
  • Current Seller Took Ownership by Deed in Lieu | Limited Inspection Material Available
  • Frontage on U.S. Route 77- Major Route to the U.S./Mexico Border (106,362 VPD)
  • Corporate Guarantee – Rare Hospitality International, Inc. is a wholly-owned Subsidiary of Darden Restaurants, Inc. (NYSE: DRI; S&P: BBB)
  • Seven Miles from the Port of Brownsville (Ranked Second Nationally in Exports) and 30 Minutes to Matamoros, Mexico (Population of 571,000)
  • Brownsville has a Growing Aerospace Industry Anchored by SpaceX’s Boca Chica Launch Site