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Olive Garden 4467 S Laburnum Ave 7,391 SF Retail Building Richmond, VA 23231 $2,783,531 CAD ($376.61 CAD/SF) 5.25% Cap Rate



Investment Highlights
- Absolute NNN ground lease with no landlord responsibilities for a truly passive investment.
- In-place rent of $14.79/SF is well below market, offering long-term upside.
- Lease guaranteed by Darden Restaurants (NYSE: DRI), investment-grade BBB credit.
- 1.5% annual rent increases provide consistent income growth and inflation protection.
- Tenant has operated at this location for over 15 years with 23,681 monthly visits.
- ±5 years remaining on primary term plus five 5-year renewal options for income continuity.
Executive Summary
Kyle Matthews
License # 226035518, 225225982 (VA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Olive Garden is a U.S.-based casual dining restaurant chain specializing in Italian-American cuisine and operating as part of Darden Restaurants. Founded in 1982, the brand has grown into a widely recognized national dining concept offering a menu centered on pasta dishes, soups, salads, and signature breadsticks. As a subsidiary of Darden, Olive Garden operates as a privately held entity within a publicly traded parent company and does not maintain a separate stock listing. The organization’s corporate functions, including operations, marketing, and administrative oversight, are based at Darden’s headquarters in Orlando, Florida. Over the years, Olive Garden has expanded its presence across the United States, serving a broad customer base through dine-in, take-out, and catering services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 815-717-1615 | Improvements Assessment | $1,822,244 CAD |
| Land Assessment | $2,001,898 CAD | Total Assessment | $3,824,142 CAD |
Property Taxes
Presented by
Olive Garden | 4467 S Laburnum Ave
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