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Restaurant

First Watch

1012 Haddonfield Rd, Cherry Hill, NJ 08002

Listing Price: $3,665,540

Cap Rate
5.00%
Tenant Name
First Watch
Years Remaining On Lease
7.1
Guarantor
Corporate Guarantee
Rentable SF
3,491
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.50

Investment Overview

• The site is strategically located in Cherry Hill, NJ along Haddonfield Rd (38VPD); a phenomenal retail corridor featuring the likes of Wegman’s and a bevy of residential developments

Investment Highlights

  • • The property was recently built in 2018/2019 and sits on a little less than an acre (.84 acres) with 60 parking spaces
  • • Trophy Location – The Site is strategically located in the dense Cherry Hill Submarket & just (10) minutes from Center City Philadelphia, seeing approximately 152K Annual Visitors
  • • First Watch is an award-winning breakfast and lunch concept with over 420 locations across 28 states with 9,000 Employees

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (201) 742-6100

    License(s) NJ: 1434917

    New Jersey

Listing Price: $3,665,540

Cap Rate
5.00%
Tenant Name
First Watch
Years Remaining On Lease
7.1
Guarantor
Corporate Guarantee
Rentable SF
3,491
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.50

Investment Highlights

  • • The property was recently built in 2018/2019 and sits on a little less than an acre (.84 acres) with 60 parking spaces
  • • Trophy Location – The Site is strategically located in the dense Cherry Hill Submarket & just (10) minutes from Center City Philadelphia, seeing approximately 152K Annual Visitors
  • • First Watch is an award-winning breakfast and lunch concept with over 420 locations across 28 states with 9,000 Employees

Investment Overview

• The site is strategically located in Cherry Hill, NJ along Haddonfield Rd (38VPD); a phenomenal retail corridor featuring the likes of Wegman’s and a bevy of residential developments

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (201) 742-6100

    License(s): NJ: 1434917

    New Jersey

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