6138 Pavillion Way
Covington (Atlanta), GA 30014

Olive Garden

Offering Summary
Price $4,060,000 Cap Rate 5.00%
NOI $203,000.00 Rentable SF 7,825 SF
Lot Size 2.68 +/- Acres Year Built 2024
Lease Type Absolute NNN Ground Lease Lease Term 10 Years

Investment Highlights

  • Brand New 2024 High-Quality Construction
  • New 10-Year Absolute NNN Ground Lease with Structured Rental
    Increases Every 5-Years and (4) 5-Year Options to Extend
  • Olive Garden is a Subsidiary of Darden Restaurants, Inc. (NYSE:
    DRI) Rated BBB (Investment Grade) by Standard & Poor’s
  • Traffic Counts Exceed 33,000 Vehicles Per Day on US Hwy 278;
    77,000 Vehicles Per Day on I-20; & 22,000 Vehicles Per Day on
    Turner Lake Rd
  • 127,000 Residents within 10-Miles of Property w/ 7.0% Population
    Growth Over Next 5-Years & Average HH Income of $98,000
  • Olive Garden is the Leading Restaurant in the Italian Dining
    Segment w/ 900+ restaurants, 99,000+ employees & more than $4.9 Billion in Annual Sales

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For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
[email protected]