Brooksville, FL - Olive Garden

Description:

• The tenant recently signed a brand new 10-year lease with 4 (5-year) options to extend
• The lease features 10% rental increases every 5 years throughout the initial term and during each option period
• Olive Garden is the leading restaurant in the Italian dining segment with over 2,100 restaurants, more than 195,000 employees and more than $10.5 billion in annual sales

• The site is located at the signalized, hard corner intersection of Cortez Blvd and Brookridge Central Blvd averaging a combined 58,500 VPD
• Less than half a mile off the Suncoast Pkwy, providing convenient access for both Hernando and Citrus Counties
• Part of a larger retail development called Alliance at the Grove (27-acres), which will feature EOS Fitness, Mission BBQ, Outback Steakhouse, Rooms to Go, Home2 Suites, Valvoline, Dutch Bros, Discount Tire, and more
• Other retailers include Walmart Supercenter, Hobby Lobby, Petco, Michaels, and more