Olive Garden San Juan, Texas

Property Overview

Olive Garden (the “Property”) is a 7,818 sf retail property located at 1403 E Interstate Hwy 2, San Juan, Texas. Built in 2023, the property sits on 1.73 acres off E Interstate Hwy 2 which sees over 121,000 vehicles in daily traffic. The 10-year lease commenced on April 3, 2023, with built-in rent escalation of 10% every 5 years followed by 4 renewal options. This Olive Garden sees over 110,000 visitors monthly with an astounding visitor growth rate of 436.1% YoY. Other major retailers in the immediate area include Chili’s, Starbucks, Acura, Audi, Walmart, H-E-B, the Mercadome Flea Market, and Alamo Dance Hall, a renowned flea market in South Texas. Multiple of these locations see millions of visitors per year. Olive Garden serves as a great investment for a new owner due to the location and secured national tenant with 9 years still in the lease term and no landlord responsibilities.

Investment Highlights