1475 S Murray Blvd - Service Station FOR SALE


Colorado Springs, CO 80916- Gateway Park
$1,325,000 USD
805-300-2595
1475 S Murray Blvd, Colorado Springs, CO for Sale
$1,325,000 USD
Service Station - FOR SALE
1/8
null | 5.86% Cap Rate

1475 S Murray Blvd
Colorado Springs, CO 80916
Gateway Park


HIGHLIGHTS

  • HUGE PRICE REDUCTION! Prime Location in Thriving Market
  • Absolute NNN Lease | Zero Landlord Obligations
  • Conoco Gas Station Tenant(Over $1 Billion in Revenues) with Rocket Mini Mart & Car Wash) Corporate Guaranteed Lease
  • Located Next to Safeway Anchored Centered across from 1,000+ units of Apartment Living
  • Business Not For Sale-Prime Real Estate Only

OVERVIEW

HUGE PRICE REDUCTION!!! We are pleased to offer for sale this long term NNN corporate leased Conoco Gas Station, Rocket Mini Mart and Car Wash in Colorado Springs, Colorado. The NNN lease features ±10 years of term remaining and three 5-year renewal options. The offering enjoys strong rent growth with the rent scheduled to increase 7.5% every 5 years.The tenant operates 500 service stations and convenience stores throughout the Western United States. This would be an excellent long term investment with zero landlord responsibility. The site is located at a four-way signalized intersection and is an outparcel to a shopping center anchored by a Safeway Market and Starbucks Coffee. The traffic counts for this site are excellent. ****PLEASE NOTE THE GAS STATION BUSINESS IS NOT FOR SALE, THIS IS A NNN LEASED INVESTMENT****

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$1,150 USD /SF

CAP RATE

5.86%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Conoco/ Rocket Mini Mart

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,680 SF

ZONING

PBC AO

APN/PARCEL ID

64234-08-161

ASK ABOUT THIS PROPERTY

Chris ItuleItule Real Estate Group, Inc.More Info
805-300-2595

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Chris ItuleItule Real Estate Group, Inc.More Info
805-300-2595

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.