Olive Garden NNN Property For Sale — Mission, TX
1405 E Expressway 83, Mission, TX 78572
This is a prime investment opportunity for a high-performing Olive Garden restaurant located in Mission, TX. The property features a brand new 10-year absolute NNN ground lease, demonstrating Olive Garden’s long-term commitment. The tenant, a subsidiary of the Darden Group (S&P BBB credit rating, over $20 billion market cap, and over $5 billion in sales in 2024), constructed the facility at its own expense. The site is strategically positioned within a bustling retail center, shadow-anchored by high-performing tenants like Burlington and Murdoch’s Ranch and Home Supply, and benefits from direct access to the Anzalduas International Border Crossing, which sees over 4.6 million vehicle crossings annually. Olive Garden at this location has experienced exceptionally strong opening sales and c…
- Address: 1405 E Expressway 83, Mission, TX 78572
- Asking price $3.37M
- 4.75% cap rate
- NOI $160,000
- 10 years remaining
- NNN lease
- Year built: 2024
- Building size: 7,805 SF
- Lot size: 1.76 acres
- Rent increases: every five years
- Guarantor: Corporate
Location
This Olive Garden property is at 1405 E Expressway 83 in Mission, Texas.
Asset type: Restaurant