Olive Garden Real Estate Opportunities & Market Research
Olive Garden

Lowest Cap Rate
4.50%
Lowest Cap Rate over past 24 months
Average Cap Rate
5.55%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
5.20%
Average Cap Rate over previous quarter
Average Quarter Cap Rates calculated over prior full quarter, irrespective of term length
Overview
As one of the most recognizable Italian restaurant chains in the United States, Olive Garden has been a family favorite since its inception in 1982. In addition to the immediate brand recognition, Olive Garden generally offers a 10 to 15-year lease, with option periods of 5 years after the base term. One of the most attractive parts of Olive Garden leases is the 1.5% annual increase in rent on the property. The average square footage of Olive Garden prototypes are around 7,000-8,500 square feet with high visibility. Olive Garden is owned by Darden Restaurants.
Property & Lease
Sales Price Range$2,750,000 - $5,000,000
NOI Range$150,000 - $265,000
Building SF7,000 - 8,500
Lease Term10 - 15 Years
Escalations1.5% Annual Increase
Stock SymbolNYSE:DRI
Credit Rating
S&PBBB
Moody'sBaa2
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
4.50
5.03
5.25
4.75
N/A
5.37
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
- Financial Fundamentals
- Stock Analysis
Recent Sales Comps
Findlay, OH6.50%
Mooresville, NC5.33%
Auburn Hills, MI5.60%
Top Consumer Traffic
Elmhurst, NY789,200
Yonkers, NY659,800
Tukwila, WA634,400
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data