Restaurant
Olive Garden (Annual Rent Increases)
401 Technology Center Dr, Stoughton, MA 02072
Listing Price: $3,865,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Olive Garden in Stoughton, MA. The property consists of a 7,685-square-foot, freestanding building that sits on approximately 1.37 acres of land. There are 5 years remaining on the lease with 1% rental increases annually.
Olive Garden (Annual Rent Increases)
Investment Highlights
- Corporate Olive Garden | Absolute Net Lease With Annual Rent Increases
- Located Just Off MA Route 24 (125,061 VPD) Less Than 15 Miles From Downtown Boston
- 162,688 Residents and 165,494 Daytime Population Within 5 Miles | $125K Average Household Income
- Large 1.37-Acre Parcel
- Next to Page Pointe Shopping Mall (Target, LA Fitness, TGI Fridays) and Numerous Big Box Stores (IKEA, Costco, BJ's Wholesale Club)
- Boston Metro Area (4.9M Residents) – Added 110,000+ Residents Since 2010
- Olive Garden Operated by Darden Restaurants (NYSE: DRI) – One of the Largest Full-Service Restaurant Chains in the U.S.
Exclusively Listed By
Broker of Record
Listing Price: $3,865,000
Investment Highlights
- Corporate Olive Garden | Absolute Net Lease With Annual Rent Increases
- Located Just Off MA Route 24 (125,061 VPD) Less Than 15 Miles From Downtown Boston
- 162,688 Residents and 165,494 Daytime Population Within 5 Miles | $125K Average Household Income
- Large 1.37-Acre Parcel
- Next to Page Pointe Shopping Mall (Target, LA Fitness, TGI Fridays) and Numerous Big Box Stores (IKEA, Costco, BJ's Wholesale Club)
- Boston Metro Area (4.9M Residents) – Added 110,000+ Residents Since 2010
- Olive Garden Operated by Darden Restaurants (NYSE: DRI) – One of the Largest Full-Service Restaurant Chains in the U.S.
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Olive Garden in Stoughton, MA. The property consists of a 7,685-square-foot, freestanding building that sits on approximately 1.37 acres of land. There are 5 years remaining on the lease with 1% rental increases annually.
Exclusively Listed By
Broker of Record
-
Thomas Shihadeh
Vice President/Regional Manager
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