Olive Garden | New 10yr Corp Abs NNN Morrow Road & Wilson Avenue Ave

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Olive Garden investment property located in Sand Springs, Oklahoma. The tenant, Olive Garden Holdings, LLC recently signed a brand new 10-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. The property is scheduled to open in February 2025.
Owner: Members of the selling entity hold an active real estate license