For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

980 E Ash St Piqua, OH 45356

For Sale
$3,205,000

Corporately backed Olive Garden with a brand-new 10-year lease.

Property size:
6,500 SF
Lot size:
3.52 Acres

Property Features for 980 E Ash St

General Information

Size
6,500 SF
Lot size
3.52 Acres

Source: Cooper Commercial Investment Group Agent Dan Cooper

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Olive Garden Investment Opportunity

This is a corporately backed, single-tenant Olive Garden location. The property features a brand-new lease with a full 10 years of term remaining and no early termination rights. It is brand-new construction, with an anticipated opening in December 2025. The property has an ideal absolute NNN lease structure with a 10% rental increase in year-6, along with six 5-year option periods with increases. The property is on a redeveloped oversized 1.53-acre parcel with an adjacent, brand-new Hampton Inn and brand-new Chipotle. The location benefits from ideal demographics with average household incomes of approximately $80,000 within a 5-mile radius, in a growing residential community with emerging employers and commuter traffic. It has a strategic location equidistant from both Cincinnati and Columbus, Ohio. The tenancy is backed by Darden, which has over 2,165 restaurants and revenue of $11.8 billion. The property is positioned with excellent access and visibility along Piqua’s main roadway (US 36) and directly adjacent to major highway I-75, with over 76,000 vehicles per day surrounding the property. It features the latest Olive Garden prototype look including highly visible pylon signage. The property size is 6,500 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Cracker Barrel Old ... American Restaurant

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Piqua
County
Miami
State
Ohio
Longitude
-84.2253395
Latitude
40.1513503

FAQs

What type of property is this?
Conventional restaurant - Corporately backed Olive Garden with a brand-new 10-year lease.
Where is this conventional restaurant located?
The property is located at 980 E Ash St Piqua, OH.
What is the asking price?
The asking price for this property is $3,205,000.
What are key features of this property?
This property features: - Corporately backed, single-tenant Olive Garden (NYSE: DRI) with investment-grade credit rating.; - Brand-new 10-year lease with a rental increase in year 6, plus multiple option periods.; - Brand-new construction with anticipated opening in December 2025 and rental rates below market comparables.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message