Olive Garden

Interested in selling your Olive Garden NNN property or Olive Garden ground lease property and was wondering what you can get for it in today’s changing market?

Contact us for a complimentary broker opinion of value for your off-market Olive Garden NNN property for sale or Olive Garden ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your Olive Garden NNN property or the inclusion of an Olive Garden ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Olive Garden properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.

Number of locations

As of September 2023, Olive Garden has 913 restaurants in the United States and 8 locations in Canada.

Revenue and income

In 2022, Olive Garden’s total revenue was $9.5 billion. Net income was $800 million.

Future plans

Olive Garden plans to continue expanding its footprint in the United States and Canada. In 2023, the company plans to open 10 new restaurants. Olive Garden is also investing in new technologies, such as online ordering and mobile payment.

Corporate vs. franchise

All Olive Garden restaurants are corporate-owned.

Additional information Olive Garden Properties

Olive Garden was established in 1982 in Orlando, Florida. The restaurant’s unique name is derived from its inaugural location, which was nestled within an olive grove.
This charming origin story adds to the restaurant’s appeal, as it evokes the natural beauty and Mediterranean ambiance associated with olive groves.
Olive Garden is the largest Italian-American restaurant chain in the United States.
The company’s most popular dishes include chicken Alfredo, spaghetti and meatballs, and lasagna.
Olive Garden is a subsidiary of Darden Restaurants, Inc., a publicly traded company.

Olive Garden History

Olive Garden originated in 1982 when Bill Darden opened the first restaurant in Orlando, Florida. Olive Garden quickly gained popularity because of its Italian-American cuisine and warm, family-friendly atmosphere. The chain expanded rapidly, offering dishes like unlimited breadsticks, salad, and various pasta options. Over the years, Olive Garden has become a staple in the casual dining industry, with numerous locations across the United States.

Why Invest in Ground Lease and NNN Lease of Olive Garden?

Investing in Olive Garden’s ground lease and triple net (NNN) lease properties offers compelling reasons:

1) Olive Garden NNN Property Investment: Stable income

Investing in Olive Garden’s NNN (Triple Net Lease) properties promises a dependable income source. Olive Garden boasts a well-established brand and a devoted customer following, ensuring a steady and predictable flow of income over the extended term. Ground and NNN leases contribute to the assurance of stable cash flows.

2) Olive Garden NNN Property Investment: Established tenant

Olive Garden’s reputation and popularity reduce the risk of vacancy or lease default, ensuring a stable tenant for the property.

3) Olive Garden NNN Property Investment: Low management responsibility

In-ground and NNN leases, the tenant manages property maintenance and expenses, minimizing the landlord’s management obligations.

4) Olive Garden NNN Property Investment: Favorable lease terms

Long lease terms with built-in rent escalations provide predictable income and potential rental growth.

5) Olive Garden NNN Property Investment: Real estate value

Olive Garden’s strategic locations in high-traffic areas can increase property value, offering potential capital appreciation.

Pros and Cons of Olive Garden Ground Lease and NNN Lease Investment

Pros:

1. Stable income from a well-established brand.
2. Established tenant reduces vacancy and lease default risks.
3. Minimal management responsibility for landlords.
4. Long lease terms provide stability and potential income growth.

Cons:

1. Lease renewal risk when the term expires.
2. Dependency on Olive Garden’s success and operational challenges.
3. Market saturation and competition affect profitability.
4. Limited control over property decisions.
5. Economic and market risks inherent in real estate investments.

Thorough due diligence and consideration of location, lease terms, tenant strength, and investment strategy are essential. Seek guidance from real estate professionals and financial advisors to align with your goals and risk tolerance.