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Oconomowoc, WI - First Watch

$3,625,417

1295 Olympia Fields Drive, Oconomowoc, WI 53066

Active
Last Updated: 04/16/2026

6

Cap Rate

217,525

NOI

Details:
Cap Rate:    6%
NOI:    $217,525
Building Size:    3,850 sqft
Lot Area:    1.14 acres
Occupancy:    100%
Year Built:    2026
Zoning:    GC - General Commercial
Floors:    1
Description:

• Subject property is as an outparcel within Olympia Fields, a mixed-use redevelopment transforming the area into a dynamic retail, residential, and entertainment destination
• New Developments Include:
• The Social: +60,000 SF year round entertainment and sports complex
• Olympia Ski Hill Apartments: 624 residential units
• Five-Story Mixed Use Building: delivering 116 residential units along with over 19,000 SF of retail
• Locklyn Apartments: 224-unit luxury multifamily community
• First Watch is strategically positioned among newly constructed national and regional retailers including Chipotle, Panera Bread, Sendik’s Food Market and Landmark Credit Union

Map:
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