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First Watch NNN Property
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1295 Olympia Fields Dr, Oconomowoc, WI 53066

General Commercial-zoned property occupied by First Watch under a long-term lease structure.

Property Size3,850 SF
Price / SF$941.67
Days on Market139

Property Features for 1295 Olympia Fields Dr

General Information

Standard status Active
Size 3,850 SF
Class A
Total Parking Spaces 70
Property subtype Retail
Zoning GC - General Commercial
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $217,525

Building Details

Year Built 2026
Buildings 1
Stories 1
Tenancy Single
Listing Agency: SRS Real Estate Partners South Florida
Listed By: Connor Barton · License #FL SL3390950
Source: Crexi
Added: Apr 14 Changed: Aug 30 Last Checked: Apr 24 at 10:10PM

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 SRS Real Estate Partners South Florida

Investment Insights

Based on property information with market context.

This NNN property at 1295 Olympia Fields Dr in Oconomowoc, Wisconsin, is associated with First Watch and carries GC – General Commercial zoning. The property is identified with a 2026 year built, providing a recently developed restaurant-oriented asset for evaluation.

Lease terms include a 10-year initial commitment followed by three 5-year extension options. Contractual rent increases are set at 10% every 5 years during the initial term and again when each option period begins. First Watch operates more than 630 locations across 32 states, providing established brand context for the tenancy.

Key Highlights

  • First Watch tenancy at 1295 Olympia Fields Dr, Oconomowoc, WI
  • 10‑year initial lease term
  • Three 5‑year extension options

Property Analytics

Current Use

Breakfast & diners

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pharmacy Barber Shop Daycare Center Food Market

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

741
Businesses Nearby

Demographics for 53066, WI

36,595
Population
16,074
Households
2.3
Avg Household Size
45
Median Age
47%
College-Educated
97%
High-School Grad
103.2 sq mi
ZIP Area
355
Density / Sq Mi
$111,348
Median Household Income
$55,563
Median Earnings
$1,263
Median Rent
$402,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
NNN property - General Commercial-zoned property occupied by First Watch under a long-term lease structure.
Where is this nnn property located?
The property is located at 1295 Olympia Fields Dr Oconomowoc, WI.
What is the asking price?
The asking price for this property is $3,625,417.
What are key features of this property?
This property features: First Watch tenancy at 1295 Olympia Fields Dr, Oconomowoc, WI; 10‑year initial lease term; Three 5‑year extension options
(813) 371-1079 Call to check price and availability
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