Olive Garden
Original price was: $4,555,440.00.$4,224,545.55Current price is: $4,224,545.55.
| Address | 1716 S 46th St, Rogers, AR |
|---|---|
| Tenant | Olive Garden |
| Lease Term | Expires August 31, 2030 |
| Cap Rate | 5.5% |
| NOI | $232,350.00 |
| Options | 3 – 5 Year Options |
Description
Triple Net Investment Group is pleased to present an opportunity to purchase a NNN Olive Garden for sale on 1716 S 46th St, Rogers, AR. The Tenant initially signed a 15 year
NNN Lease which Commenced on August 2015, leaving over 7 years remaining on the lease, the property is situated on 1.84 Acres of land and has a
building size of 4,198 Sq ft. This location features strong demographics
• Absolute NNN Lease with Rental Escalations
• Corporately Guaranteed Lease—Olive garden is a subsidiary
of Darden Restaurants, “BBB” S&P Rating
• Olive Garden is the Largest Italian restaurant chain with over
875 locations
• Strong Demographics with 159,836+ population in a 5 mile
radius, and a $129,455 Average Household Income in a 3
mile radius
• Dense Retail Corridor, nearby tenants include Home Depot,
Target, Walgreens, Starbucks, Best Buy, Red Lobster, Einstein
Bros, and many more
Additional information
| Address | 1716 S 46th St, Rogers, AR |
|---|---|
| Tenant | Olive Garden |
| Triple Net Lease Term | Expires August 31, 2030 |
| Cap Rate | 5.50% |
| NOI | $232,350.00 |
| Options | 3 – 5 Year Options |
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