1295 Olympia Fields Dr
Oconomowoc, WI 53066
First Watch · Retail Property For Sale

New construction First Watch build-to-suit investment opportunity located at 1295 Olympia Fields Dr, Oconomowoc, WI, positioned within the Olympia Fields mixed-use development with immediate access to I-94 (±60,000 VPD) and Hwy 67 (±24,000 VPD). The property features a brand-new 10-year lease with 10% rent increases every five years, plus three (3) five-year options with 10% bumps in each option period. Lease is executed directly by First Watch Restaurants, Inc. (NASDAQ: FWRG), providing strong publicly traded corporate credit.
The 3,850 SF restaurant sits on a 1.16-acre site with 75 parking stalls (19.5/1,000 SF). Located directly alongside other high-profile national tenants including Panera Bread and Chipotle (under construction). The trade area benefits from major retail momentum including a planned Costco, Sendik’s, Fleet Farm, Kroger Metro Market, and additional residential + mixed-use development throughout Lake Country.