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Virtual Drive-By

Olive Garden Absolute NNN

1901 E North Ave · Belton, MO 64012 · QSR / Restaurant

Asking price
$2,962,962
Cap rate
5.40%
NOI
$160,000

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Lease

Lease typeAbsolute NNN
Term remaining9.8 yrs
Expiration04/2036
Rent bumps10% Every 5 Years
Options(4) 5-Year Options
Ground leaseYes
Credit profile—
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF6,501
Price / SF$456
Year built2026
Lot size1.79 ac
TypeRestaurant
Days on market115

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​10 Year Abs. NNN Ground Lease with Darden Corporate Guaranty
  • ​1.79 Acre Lot
  • ​2026 Construction; Opening April 15, 2026
  • ​Only Olive Garden Restaurant within 10 Mile Radius
  • ​130 Parking Spaces
  • ​Immediate Access to SH 58 and I 49 (+56,000 VPD)
  • ​Excellent Visibility and Frontage at the intersection of I 49 and SH 58 (+31,130 VPD)

Property overview

2026 construction Olive Garden in Belton, M0.​ The 10-year Abs.​ NNN Ground Lease has (4) 5-year renewal options with 10% increases every 5-years.​ Olive Garden opens April 15, 2026 and occupies a 1.79 acre parcel with 130 parking spaces.​

The property is situated between North Cass Shopping Center and Cedar Tree Shopping Center, at the Southwest corner of SH-58 and I-49.​ Olive Garden's location provides excellent access to both I-49 (VPD 56,099) and SH-58 (VPD 31,138).​ This is the only Olive Garden within a 10-mile radius.​

Olive Garden sits in the center of a dense retail trade area, adjacent to Walmart, Sam's Club, Home Depot, Target, Tractor Supply, Lowe's, and various restaurant groups.​ The demographics in the 5-mile radius include a population of 65,591 with a household income of $128,629.​

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.