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Single-Tenant Restaurant
For Sale
$3,161,000

7816 N Academy Blvd, Colorado Springs, CO 80920

For sale First Watch restaurant located at 7816 N Academy Blvd in Colorado Springs.

Property Size4,434 SF
Price / SF$712.90
Days on Market40

Property Features for 7816 N Academy Blvd

General Information

Standard status Active
Size 4,434 SF
Property subtype Restaurant

Additional Details

Cap Rate 5.75%
Listing Agency: Denver Office
Listed By: Drew Isaac · License #License(s): CO: FA100023779
Source: Marcusmillichap
Added: Jun 22 Changed: Jul 21 Last Checked: Jul 31 at 2:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Denver Office

Investment Insights

Based on property information with market context.

Marcus & Millichap is pleased to exclusively offer for sale a First Watch restaurant in Colorado Springs, CO. The property is presented for sale as a single-tenant commercial restaurant asset.

The address is 7816 N Academy Blvd, Colorado Springs, CO 80920, and the building size is 4,434 square feet. The list price is $3,161,000, and the offering notes a 5.75% figure in the public remarks.

This listing is being marketed in the conventional restaurant and breakfast & diners property categories, aligning with the First Watch brand currently associated with the site.

Key Highlights

  • First Watch restaurant for sale at 7816 N Academy Blvd, Colorado Springs, CO
  • Sale remarks include 5.75%

Property Analytics

Current Use

First Watch Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Electrical Service Garden Center HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,523
Businesses Nearby
740k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 33% Superstores 21% Shops & Services 19% Apparel 19%
Walmart Superstores
152,649 visits/mo 0.3 miles
Chick-fil-A Dining
47,973 visits/mo 0.1 miles
Macy's Apparel
47,837 visits/mo 0.4 miles
Whole Foods Market Groceries
39,989 visits/mo 0.4 miles
McDonald's Dining
31,568 visits/mo 0.3 miles

Demographics for 80920, CO

39,540
Population
14,631
Households
2.7
Avg Household Size
37
Median Age
53%
College-Educated
97%
High-School Grad
12.4 sq mi
ZIP Area
3,189
Density / Sq Mi
$111,233
Median Household Income
$50,927
Median Earnings
$1,955
Median Rent
$484,900
Median Home Value

Market

Vacancy Rate% for Retail in Colorado Springs, CO

5.9% 2020
5.5% 2021
5% 2022
6.3% 2023
6.4% 2024
6.2% 2025
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Similar Off Market Nearby

  • Snooze an AM Eatery — 7587 N Academy Blvd #120, Colorado Springs, CO 80920

Frequently Asked Questions

What type of property is this?
Breakfast & diner - For sale First Watch restaurant located at 7816 N Academy Blvd in Colorado Springs.
Where is this breakfast & diner located?
The property is located at 7816 N Academy Blvd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $3,161,000.
What are key features of this property?
This property features: First Watch restaurant for sale at 7816 N Academy Blvd, Colorado Springs, CO; Sale remarks include 5.75%
More about this property
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