CBRE’s Net Lease Property Group – Midwest is pleased to present to qualified investors a free-standing First Watch in Geneva, IL. First Watch opened in 2023 on a 10-year initial lease and currently has close to eight years of term remaining. The corporate lease features a healthy 10% rental increase in September 2028 and in each of the two, 5-year option periods. The property is an outparcel to Geneva Commons, a premier 440,000-square-foot open-air shopping center featuring national retailers such as Crate & Barrel, Pottery Barn, Barnes & Noble, Dick’s Sporting Goods, Banana Republic, Williams-Sonoma, Sephora, and lululemon. The center is strategically positioned along Randall Road, one of the most active retail corridors in the western suburbs of Chicago. Nearby, Randall Square Shopping Center further enhances the retail synergy with tenants like Marshalls, Ulta, Michaels, PetSmart, and Nordstrom Rack 3. This dense retail environment, combined with Geneva’s charming downtown and strong residential base, makes the First Watch location a compelling investment opportunity.