Are you interested in purchasing a fee simple single tenant Olive Garden triple net lease property for 1031 exchange?
We have access to a large inventory of Corporate Olive Garden net lease or nnn lease properties for sale. Please send an email to info@nnndeals.com with your Olive Garden 1031 exchange criteria and we will email you a short list of Olive Garden nnn lease or triple net lease properties for sale.
About Olive Garden:
Olive Garden is a smart casual American restaurant chain specializing in Italian-American cuisine. The company is owned by Darden Restaurants and is based in Orlando, Florida.
Originally named “The Green Frog” restaurant, the first Olive Garden was opened by General Mills on December 13, 1982, in Orlando, Florida. By 1989, General Mills had opened 145 restaurants, making it one of the fastest-growing units in the company’s restaurant holdings. While not a “critical success”, it was popular, and its per-store sales soon matched sister company Red Lobster. The company eventually became the largest chain of Italian-themed full-service restaurants in the U.S. [1] Olive Garden is owned by Darden Restaurants, Inc., which was spun off from General Mills in 1995 and who also operates Red Lobster, Bahama Breeze, Seasons 52, and LongHorn Steakhouse.
As of 28 October 2009 (2009 -10-28)[update], there are 700 restaurants. All Canadian restaurants have been closed except for a few in Winnipeg, Manitoba; Calgary, Alberta; Edmonton, Alberta; and Langley, British Columbia. (Some were converted to East Side Mario’s restaurants.)
Newer restaurants are styled after a farmhouse in the town of Castellina in Chianti, Tuscany, on the grounds of the Rocca delle Macie winery. The farmhouse is home to the Riserva di Fizzano restaurant adjoining the Culinary Institute of Tuscany, which is led by executive chef Romana Neri. Fee simple single tenant Olive Garden triple net lease for 1031 exchange.
