Investment Overview

Marcus & Millichap is pleased to offer for sale the free-standing corporate Olive Garden located at 401 Technology Center Drive in Stoughton, Massachusetts. This single-tenant property is a premier net-leased investment, backed by Olive Garden’s parent company, Darden Restaurants. The asset features an absolute net lease structure with no landlord responsibilities and includes favorable one-percent annual rent increases, providing built-in income growth for investors. The property is situated in a regionally dominant retail trade area, anchored by a strong mix of national tenants, including Costco, BJ’s Wholesale Club, Target, Home Depot, LA Fitness, and the only IKEA location in the Boston MSA. This retail cluster draws consistent daily traffic from a broad geographic area, enhancing visibility and sales performance for surrounding businesses. Positioned along Massachusetts Route 24, which sees nearly 137,946 vehicles per day, the property enjoys excellent exposure and consistent consumer traffic. Additionally, it is adjacent to an Amazon Distribution Center, which further contributes to daytime activity and demand in the immediate area. The surrounding demographic profile is exceptionally strong. Within a five-mile radius, the population exceeds 162,000 residents, with average annual household incomes over $125,000. Within one mile, the average household income surpasses $144,000, highlighting the area's affluence and strong consumer spending power. These indicators support a healthy rent-to-sales ratio and reinforce this Olive Garden’s position as a high-performing, stable long-term investment.