1760 N Highway 77 - Restaurant FOR SALE
Waxahachie, TX 75165 |
$3,913,000 USD
858-373-3184
1760 N Highway 77
Waxahachie, TX 75165
HIGHLIGHTS
- Long Term Corporate Backed Lease Featuring 10% Rental Increases at Year 7 and Each Option. Brand New 2025 High Quality Construction.
- Since Opening, this First Watch is the most visited Location in Texas and in the 95th Percentile Nationwide per placer.ai.
- Prime Retail Corridor - Along North Highway 77 (27k+ VPD), Waxahachie’s Primary Retail thoroughfare.
- Established National Daytime Dining Concept with Scalable Growth Platform - Publicly Traded on NASDAQ, First Watch Operates 630+ Restaurants.
- Strong Daytime Employment Base - Supported by nearby Employers including Baylor Scott & White Medical Center, Waxahachie School District, and more.
- Rapid Population Growth and Affluent Demographics - Waxahachie has Grown more than 25% Since 2020 with Annual Growth near 3–4%.
OVERVIEW
First Watch (NASDAQ: FWRG) | #1 Most Visited Location in Texas | 95th Percentile Nationwide per placer.ai | Within Academy Sports, TJ Maxx Anchored Retail Center | Prime Highway 77 Retail Corridor Location - Immediate Access to Interstate 35 | Immediate Area Experiencing Major Growth | Affluent Demographics: $108k Avg. HHI | Strong Daytime Employment Base
FOR SALE DETAILS
PRICE
$3,913,000 USD
PRICE/SF
$978 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
FIRST WATCH (NASDAQ: FWRG) | TOP LOCATION
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Freestanding, Storefront, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
63
LAND DETAILS
LAND ACRES
1.15 AC
LAND SF
50,094 SF
ZONING
Commercial
APN/PARCEL ID
90.9193.901.007.00.112
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858-373-3184
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858-373-3184
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