2921 Scottsville Rd - Restaurant FOR SALE


Bowling Green, KY 42104
$4,514,000 USD
404-934-5558
2921 Scottsville Rd, Bowling Green, KY for Sale
$4,514,000 USD
Restaurant - FOR SALE
1/5
null | 5.25% Cap Rate

2921 Scottsville Rd
Bowling Green, KY 42104


HIGHLIGHTS

  • Brand new 15-year absolute NNN lease with 10% rent bumps every 5 years
  • Outparcel to Greenwood Square (3.1M visits) anchored by Kroger, Hobby Lobby, Shoe Station and Anytime Fitness
  • Immediate access to two signalized intersections at the entrance to Greenwood Square and the corner of Scottsville Rd and Cave Mill Rd
  • 31,540 VPD along Scottsville Rd and 15,027 VPD along Cave Mill Rd
  • Mins to Interstate 65 (66,000+ VPD) and the 16,000+ student Western Kentucky University
  • Major retail hub surrounded by Kroger, Walmart, Target, Meijer, Home Depot, Kohl's, Regal, Belk, Best Buy, Hobby Lobby, Sam's Club and more

OVERVIEW

TSCG is pleased to present the opportunity to acquire a brand-new First Watch located at 2945 Scottsville Road in Bowling Green, Kentucky, featuring a 15-year Absolute NNN lease with 10% rental increases every five years. Strategically positioned as an outparcel to the 208,000 SF Greenwood Square Shopping Center (3.1M visits) anchored by Kroger, Hobby Lobby, Shoe Station and Anytime Fitness, the property sits at the heart of Bowling Green's dominant commercial corridor. Bowling Green is a thriving regional hub anchored by Western Kentucky University (16,200+ students), the GM Corvette Assembly Plant, and a new $2B EV battery gigafactory, supporting the sustained population growth and diversified economic base that make this an exceptionally well-located retail investment opportunity. First Watch is a publicly traded company (NASDAQ: FWRG) operating 600+ locations across 32 states with $1.22B in 2025 revenue, offering investors a passive, long-term income stream backed by a scaled and growing national brand.

FOR SALE DETAILS

PRICE

$4,514,000 USD

PRICE/SF

$1,220 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New 15-Year First Watch | Bowling Green, KY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,766 SF

ZONING

-

APN/PARCEL ID

053A-02A-001

ASK ABOUT THIS PROPERTY

404-934-5558

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404-934-5558

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