Listed by SRS Real Estate Partners South Florida, SRS Real Estate Partners Tampa
$3,625,417
First Watch - Oconomowoc WI
Details
APN OCOC0614975020
Property Type Retail
Sub Type Restaurant
Square Footage 3,850
Cap Rate 6%
NOI $217,525
Occupancy 100%
Tenancy Single
Lease Type NN+
Lease Term 10.1
Lease Expiration 05/31/2036
Remaining Term 9.9
Rent Bumps Yes
Lease Options 3 (5-Year)
Broker Co-Op Yes
Class A
Year Built 2026
Buildings 1
Stories 1
Acreage 1.140
Zoning GC - General Commercial
Parking Spaces 70 spaces
Parking per 1,000 SqFt 18.18
Investment Type Net Lease
Lease Commencement 05/11/2026
Ownership Fee Simple
Sale Condition 1031 exchange
10 Year NN Lease
Investment highlights
- Brand New 10-Year Lease | Options To Extend | Scheduled Increases
- NN+ Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Prime Location | Excellent Access & Visibility from Summit Avenue
- Rapidly Expanding Mixed-Use Trade Area | Significant Residential Growth | Strong National Co-Tenancy
- Strong Demographics In 5-mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners South Florida, SRS Real Estate Partners Tampa
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Loan Amount
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Annual Debt Service
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$--
Annual Cash Flow
$217,525.00
$18,127.08/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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