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Olive Garden 2400 Capitol Mall Dr SW 9,100 SF Retail Building Olympia, WA 98502 $3,755,025 CAD ($412.64 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

Located within the Capital Mall trade area—Olympia’s dominant retail destination
#2 restaurant location in Washington State and is within the top 5% of Olive Garden restaurants nationwide in terms of total visits (Placer.ai)
Olive Garden is a flagship brand of Darden Restaurants, one of America’s largest and most reputable casual dining operators

Features 4 years remaining on a NNN ground lease, providing passive, management-free income with no landlord responsibilities
Tenant reports consistently robust sales, underscoring the strength of this high-performing location
Olive Garden has maintained successful operations at this site for more than three decades

EXECUTIVE SUMMARY

The offering presents a rare opportunity to acquire a long-standing Olive Garden restaurant, prominently located in Olympia’s primary retail corridor. The property enjoys a highly visible pad position adjacent to Capital Mall, the region’s premier shopping destination, which attracts over 6.5 million annual visitors (Placer.ai). Olive Garden has been a fixture at this location for more than 30 years, demonstrating both the strength of the brand, the tenant’s strong reported sales, and its proven success. The property is backed by a NNN ground lease with approximately four years remaining, providing investors with reliable, passive income. The offering presents investors a compelling combination of long-term tenant performance, truly passive cash flow, and a prime regional location, providing dependable income and stability within Olympia’s most dynamic retail hub.