401 Technology Center Dr
Stoughton, MA 02072

The Jonna Group of Marcus & Millichap is pleased to present the exclusive listing for a 7,685-square corporate Olive Garden located in the affluent city of Stoughton, Massachusetts. Olive Garden has over 12 years remaining on their initial 15-year lease that consists of (5) 5-year options with ideal 1% annual rent increases. This investment offers an Absolute NNN lease structure that requires zero landlord responsibilities. The subject property is strategically located along Massachusetts Route 24 as an outparcel to a Kohl’s. Massachusetts Route 24 is the primary north-south thoroughfare in the area and experiences traffic counts in excess of 121,000 vehicles per day. The property is located in a regionally dominant retail trade area that features IKEA Costco, BJ’s Wholesale, Home Depot, Target, and LA Fitness. The IKEA is the only location in the Boston MSA. There are over 146,000 people living within a five mile radius of the property earning average annual household incomes in excess of $88,000. Stoughton is a town in Norfolk County, Massachusetts. The population was 26,962 at the 2010 census. The town is located approximately 17 miles from Boston, 25 miles from Providence, and 35 miles from Cape Cod. Stoughton is on an MBTA commuter rail line that runs to South Station in Boston via the Providence/Stoughton Line. The Brockton Area Transit Authority (BAT) provides local bus service. Boston is the capital and largest city of the Commonwealth of Massachusetts. Boston also serves as county seat of Suffolk County. The city proper covers 48 square miles with an estimated population of 645,966 in 2014, making it the largest city in New England and the 24th largest city in the United States.