Oconomowoc, WI - First Watch
$3,625,417
1295 Olympia Fields Drive, Oconomowoc, WI 53066
For Sale
Retail
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
Location
Gallery