Restaurant
Olive Garden | 15-Years Remaining | Baltimore MSA | Limited Italian Options in the Area
2690 Compromise St, Bel Air, MD 21014
Listing Price: $3,457,944
Investment Overview
The Tenant, Olive Garden Holdings, LLC, is part of the Darden Restaurant Group, a publicly traded company with an investment-grade “BBB” rating from S&P. Olive Garden is subject to a new 15-year ground lease with an anticipated opening on March 1, 2025. The lease includes rental increases of 10% every five years during the base term and in each of the four, five-year option periods, providing an excellent hedge against inflation. Olive Garden will operate in a 7,825 square-foot building as a full-service, casual dining restaurant with a liquor license allowing beer, wine, and liquor sales. The improvements to the property were constructed at the tenant’s expense, further enhancing the strength of the collateral.
Investment Highlights
- New 15-Year Corporate Darden Ground Lease
- 10 Percent Rental Increases Every Five Years
- Strong Drive-Time Demographics; Just Off Interstate-95 which sees Over 125,000 VPD
Restaurant
Olive Garden | 15-Years Remaining | Baltimore MSA | Limited Italian Options in the Area
Listing Price: $3,457,944
Investment Highlights
- New 15-Year Corporate Darden Ground Lease
- 10 Percent Rental Increases Every Five Years
- Strong Drive-Time Demographics; Just Off Interstate-95 which sees Over 125,000 VPD
Investment Overview
The Tenant, Olive Garden Holdings, LLC, is part of the Darden Restaurant Group, a publicly traded company with an investment-grade “BBB” rating from S&P. Olive Garden is subject to a new 15-year ground lease with an anticipated opening on March 1, 2025. The lease includes rental increases of 10% every five years during the base term and in each of the four, five-year option periods, providing an excellent hedge against inflation. Olive Garden will operate in a 7,825 square-foot building as a full-service, casual dining restaurant with a liquor license allowing beer, wine, and liquor sales. The improvements to the property were constructed at the tenant’s expense, further enhancing the strength of the collateral.

