Storefront Retail Office For Sale • 3,600 SF
| First Watch – Corporate Triple-Net Lease leased to First Watch Restaurants, Inc., a subsidiary of First Watch Restaurant Group, Inc. (NASDAQ: FWRG) |
| Below Market Rent by 29% – Subject property's rent is $33 PSF versus a market rent of $43 PSF |
| Newer 2021 Construction – Modern 3,600-square-foot restaurant constructed specifically for First Watch - Cross-Easement Parking and Access |
| 20-Year Transferable Roof Warranty – Provides additional protection for the physical asset |
| Rapidly Expanding Public Company (NASDAQ: FWRG) – First Watch operates 665 system-wide restaurants across 33 states as of Q2 2026 |
| High-Traffic Baymeadows Corridor – 42,500 VPD along Baymeadows Road with immediate connectivity to I-95 (125,500 VPD) |
| Cap Rate: | 5.00 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| First Watch | 3,600 SF | 4/30/2031 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Jacksonville International | 36 min | - | 24.7 mi |