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Olive Garden 5727 Beckley Rd 7,828 SF Retail Building Battle Creek, MI 49015 $1,650,400 ($210.83/SF) 5.15% Cap Rate
INVESTMENT HIGHLIGHTS
- 10-Year Absolute NNN Ground Lease with Corporate Guaranty
- Brand New Construction; Tenant Opened June 2025
- Over 12,600 Monthly Visits, Ranking in the 90th Percentile for Local Visits within the Restaurants Category per Placer.ai
- Massive 2.7 Acre Lot
- Only Olive Garden Restaurant within 23 Mile Radius
- Outparcel to Lakeview Square Mall, a +315K SF Shopping Center with 2.4MM Annual Visits Per Placer.ai
EXECUTIVE SUMMARY
An outparcel to Lakeview Square Mall, a +315k SF shopping center with 2.4MM annual visits, the Olive Garden has experienced +12,600 monthly visits ranking in the 90th percentile for Local Visits within the “Restaurants” category, per Placer.ai. This is the only Olive Garden within a 23-mile radius and provides immediate access to I-94 (+47,500 VPD) with premier visibility and frontage at the intersection of Beckley Rd and M-66 (+47,500 VPD combined).
The site is located in a concentrated retail trade area, adjacent to Walmart Supercenter, Lowe’s Home Improvement, Target, Sam’s Club, Petco, Kohl’s, ALDI and more. The surrounding area is densely populated with +1,900 multi-family units in a 1 mile radius and +1,000 hotel rooms in a 1.5 mile radius.
Battle Creek, MI has been the longtime headquarters of Kelloggs, with key economic drivers of manufacturing, healthcare, education and food processing. The MSA had a population in 2024 of approximately 134,000 residents.
Watch Property Video: https://vimeo.com/1134630691
PROPERTY FACTS
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Accommodation and Food Services
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99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Founded in 1982, Olive Garden is owned by Darden Restaurants, Inc. (NYSE:DRI), the world's largest company-owned and operated full-service restaurant company. Olive Garden is the leading restaurant in the Italian casual dining segment. Italy serves as the inspiration for the brand, from its menus to its award-winning wine list to the Tuscan farmhouse design of its restaurants. Most of all, Olive Garden is inspired by the warmth and genuine hospitality of the Italian people, as well as the importance of family in their culture. This passion for Italy led to the establishment of Olive Garden's Culinary Institute of Tuscany in 1999.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0625-48-500-1 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $887,500 |
PROPERTY TAXES
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Olive Garden | 5727 Beckley Rd
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