Single-Tenant
For Sale
$2,900,000
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$654.04
Days on Market76
Property Features for 7816 N Academy Blvd
General Information
Standard status
Active
Size
4,434 SF
Property subtype
Restaurant
Lease Type
Absolute Net
Additional Details
Cap Rate
5.75%
Amenities
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
Building Details
Building Size
4,434 SF
Listing Agency:
Denver Office
Listed By:
Drew Isaac · License #License(s): CO: FA100023779
(303) 328-2048
Source:
Marcusmillichap
Added: Jun 22
Changed: Aug 31
Last Checked: Sep 5 at 3:52AM
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.
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
Location Intelligence
Trade Area within ½ mile
1,523
Businesses Nearby
740k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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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 $2,900,000.
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%
