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90 Gateway Mall
Lincoln, NE 68505
Olive Garden · Retail Property For Sale
Investment Highlights
- Absolute NNN Ground Lease With 5+ Years Remaining At A Below Market Rental Rate
- Most Visited Olive Garden In State Of Nebraska (430K Visits, 1st Out of 5) - 93rd Percentile Nationwide
- Low Price Point Full Service Restaurant - 2nd Lowest Price Point Out Of 28 Darden Restaurants Currently On The Market (Olive Garden, Longhorn Steakhou
- Only One 5-Year Option Remaining, Allowing Investor To Reset Rate To Market At Expiration
- Corporate Guaranty From GMRI, INC., A Wholly-Owned Subsidiary Of Darden Restaurants (NYSE: DRI / Investment Grade Credit [BBB])
- Site Is Highly Visible And Is Prominently Situated At The Main Entrance Off Of East O Street, In The Heart Of The Primary Retail Corridor In The Linco
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,100 SF
Building Class
B
Year Built/Renovated
1970/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.54 AC
Zoning
B5
Parking
84 Spaces (9.23 Spaces per 1,000 SF Leased)
Frontage
81’ on O St
Amenities
- Pylon Sign
- Signage
- Air Conditioning
1 of 1
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