Darden (BBB) Guaranteed Absolute NNN Investment

Bowling Green, Kentucky, offers the opportunity of a growing regional economy with the warmth of a close-knit community. With about 78,500 residents in the city and roughly 149,000 across Warren County, it is one of Kentucky's fastest-growing and most dynamic markets. Located along Interstate 65 between Nashville and Louisville, Bowling Green has a diverse economy anchored by advanced manufacturing, automotive production, healthcare, education, and logistics. It is also the regional hub for south central Kentucky, drawing residents of surrounding counties who come for shopping, dining, specialized medical care, and entertainment. Home to the Corvette assembly plant and Western Kentucky University, the community pairs a skilled workforce with a steady pipeline of new talent. A business-friendly climate, quality schools, a vibrant downtown, and a reasonable cost of living make it easy to build a career, grow a company, or put down roots. The subject property sits at the signalized intersection of Campbell Lane (US 231) and Nashville Road (US 31W), two of Bowling Green’s main retail arteries, carrying a combined 55,000 vehicles per day. Kroger, the property’s immediate neighbor, anchors the corner and brings daily grocery, pharmacy and fuel trips past the restaurant. Buckhead Square sits across Campbell Lane, and the corridor continues east to Staples, GameStop and Best Buy.SVN | Stone Commercial Real Estate is pleased to present the opportunity to acquire an 8,342 SF Cheddar’s Scratch Kitchen at 701 Campbell Lane in Bowling Green, Kentucky. Built in 2009 on 2.78 acres with 180 parking spaces, the restaurant sits on Lot 6 of Nashville Road Center, adjacent to Kroger at the signalized intersection of Campbell Lane and Nashville Road (US 31W), where combined traffic reaches 55,000 vehicles per day. The property is leased on an absolute NNN basis to Cheddar’s Franchise Acquisition LLC and guaranteed by Darden Restaurants, Inc. (NYSE: DRI; Baa2 / BBB / BBB), with no landlord responsibilities. The lease runs through December 31, 2035, about 9.2 years of remaining term, with 1.5% annual rent increases and four 5-year renewal options. Current rent of $358,628 represents a 5.70% cap rate at the asking price. Please contact Weston Lockhart / 859.317.3538 / or Nathan Dilly / 859.420.5492 / for more information.