Restaurant
First Watch
7816 N Academy Blvd, Colorado Springs, CO 80920
Listing Price: $3,161,000
Cap Rate
5.75%
Tenant Name
First Watch
Years Remaining On Lease
10.7
Gross SF
4,434
Guarantor
Corporate Guarantee
Rentable SF
4,434
Price/Gross SF
$712.90
Lease Type
Absolute Net
Rent Per Square Feet
$41.00
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a First Watch in Colorado Springs, CO.
Exclusively Listed By
Listing Price: $3,161,000
Cap Rate
5.75%
Tenant Name
First Watch
Years Remaining On Lease
10.7
Gross SF
4,434
Guarantor
Corporate Guarantee
Rentable SF
4,434
Price/Gross SF
$712.90
Lease Type
Absolute Net
Rent Per Square Feet
$41.00
Investment Highlights
- 10 YR ABS NNN LEASE | RECENT EXTENSION
- CORPORATE GUARANTY (NASDAQ: FWRG)
- 40K VPD ON ACADEMY BLVD | 0.7 MI FROM I-25 (133K VPD)
- POSITIONED IN DENSE RETAIL CORRIDOR | 0.5 MI FROM CHAPEL HILLS MALL
- RECENT REMODEL IN 2022
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a First Watch in Colorado Springs, CO.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
