OLIVE GARDEN 721 W Olive Ave

Investment Highlights

NEWLY CONSTRUCTED PROPERTY ? Olive Garden just recently occupied the building in 2023 and signed a new 10-year lease LOW RENT ? Olive Garden is paying just $17/SF which is below market SIGNIFICANT RENTAL UPSIDE ? In the event the mall is occupied by a national theater chain the rent will increase by 25% CORPORATE GUARANTEE ? The lease is corporately guaranteed by Darden Restaurants NNN ? Leases property benefits from attract NNN PROMINENT LOCATION ? The property sits directly in front of Merced Mall and Target, which is an active shopping area with high traffic counts

Executive Summary

David HarringtonLicense No. 2168060 (CA)(866) 889-0550Matthews Real Estate Investment Services, Inc.2321 Rosecrans Ave.,Suite 1225 El Segundo, CA 90245

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    6,622
• Building Class    B
• Year Built/Renovated    1990/2024
• Price    2,500,000
• Price Per SF    378
• Cap Rate    4.50
• NOI    112,500
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.12
• Land Acres    1.24 AC