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582 N Lone Hill Ave San Dimas, CA 91773

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For Sale
$4,240,000

Single-tenant, net-leased Olive Garden in a high-traffic retail center.

Property size:
7,437 SF
Lot size:
1.51 Acres

Property Features for 582 N Lone Hill Ave

General Information

Standard status
Active
Size
7,437 SF
Lot size
1.51 Acres

Building Details

Year built
2012

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Listing Contact
John Son
John Son
Source: Crexi

Listing Agency: Lee & Associates - Orange Listing Agent: John Son

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

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Overview

San Dimas Olive Garden Restaurant

This single-tenant, absolute net-leased Olive Garden restaurant is located in San Dimas, California. The property is situated on a pad site within a high-traffic, Costco-anchored shopping center. The building area is approximately 7,437 square feet on two separate parcels totaling approximately 1.51 acres of land. The lease is corporately guaranteed by GMRI, Inc., a wholly owned subsidiary of Darden Restaurants, Inc., a publicly traded company (NYSE: DRI). The Olive Garden benefits from its location near the Interstate 57 and 210 Freeways within a highly trafficked retail center featuring numerous national and major regional tenants. The property is structured as an absolute triple net lease, providing investors with zero landlord responsibilities and passive income backed by a nationally recognized restaurant brand in a prime retail location. San Dimas is strategically situated at the confluence of the I-210 and SR-57 freeways, serving as a high-income, supply-constrained submarket. The city’s investment profile is anchored by the September 2025 completion of the Metro A Line (Gold Line) expansion, which has introduced a new transit-oriented hub to the historic Downtown district. The area offers a stable consumer base and a resilient rental market characterized by average monthly rents of over $2,300. The local economy is supported by major corporate and utility headquarters, including Golden State Water and American States Utility Services, alongside unique regional destination drivers like Raging Waters LA and Bonelli Regional Park.
Location Intelligence

Current Use by Public Records

Olive Garden Italian ... Take-out & Catering

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

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City
San Dimas
County
Los Angeles
State
California
Longitude
-117.828775
Latitude
34.113578

FAQs

What type of property is this?
Conventional restaurant - Single-tenant, net-leased Olive Garden in a high-traffic retail center.
Where is this conventional restaurant located?
The property is located at 582 N Lone Hill Ave San Dimas, CA.
What is the asking price?
The asking price for this property is $4,240,000.
What are key features of this property?
This property features: - Absolute Triple Net Lease: Provides passive income with zero landlord responsibilities.; - Strong Corporate Guarantee: Lease is guaranteed by GMRI, Inc., a subsidiary of Darden Restaurants, Inc. (NYSE: DRI), with a $23 billion market capitalization.; - Prime Retail Location: Situated in a high-traffic, Costco-anchored shopping center near Interstate 57 and 210 Freeways.
More about this property
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