15115 E US Route 224
Findlay, OH 45840
Olive Garden Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 8,030 Square Foot Ground Lease Located on 1.96 Acres of Land
- Established Location - Olive Garden has been Operating at this Location Since 2004
- The Company is a Subsidiary of Darden Restaurants, Inc. (NYSE:DR) -Rated BBB (Investment Grade) by Standard and Poor's
- Zero Landlord Responsibilities - A True "Mailbox Management" Asset
- Olive Garden is an American Casual Dining Restaurant Chain Specializing in Italian Cuisine
- Tenant Committed to a Brand New 10 Year Lease Extending the Term to 2035 (with a Rental Increase) - Exhibits a Strong Commitment to the Location
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,030 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.96 AC
Parking
126 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
263’ on US Rt 224 Hwy
AMENITIES
- Pylon Sign
- Signage
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 63-0001020794 | Improvements Assessment | $204,600 |
| Land Assessment | $155,400 | Total Assessment | $360,000 |
