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1760 N Highway 77
Waxahachie, TX 75165

$3,913,000 USD

Restaurant For Sale  •  4,000 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,952 SF
  • Lot Size 1.15 AC
  • Building Class C
  • Year Built 2019
  • Cap Rate 5.75 %
  • Tenancy Single
  • Zoning Commercial
30 Walk Score

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%.
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
First Watch (NASDAQ: FWRG) 3,952 SF 8/31/2037

Amenities

  • Corner Lot
  • Restaurant
  • Signage

Public Transportation

AirportDriveWalkDistance
Dallas Love Field 44 min - 30.9 mi
Dallas-Fort Worth International 57 min - 44.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 63
Type: Surface
Included in Rent: Yes
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap