1824 Democracy Pt - Retail FOR SALE


Colorado Springs, CO 80908- Pine Creek
$9,040,000 USD
844-585-7682
1824 Democracy Pt, Colorado Springs, CO for Sale
$9,040,000 USD
Retail - FOR SALE
1/5
null | 5.85% Cap Rate

1824 Democracy Pt
Colorado Springs, CO 80908
Pine Creek


HIGHLIGHTS

  • Five-Tenant NNN Retail Investment; Internet-Resistant Tenant Mix
  • All Tenants Are on New 10-Year NNN Leases With Staggered Lease Expirations and Favorable Rental Increases to Hedge Against Inflation
  • Part of the New Victory Ridge Development: 153-acre master-planned mixed-used development
  • Situated Within the Prime InterQuest Corridor, the Region’s Fastest Growing Commercial Corridor
  • Excellent Accessibility and Visibility: Located at the intersection of Interquest Parkway and Voyager Parkway (41,500 CPD intersection)
  • Explosive Growth and Highly Affluent Demographics: Surrounded by sought-after neighborhoods including Flying Horse, Briargate, and Northgate

OVERVIEW

100% Occupied Multi-Tenant NNN Investment | Irreplaceable, Generational Real Estate Within One of the Nation’s Fastest-Growing Commercial Corridors

FOR SALE DETAILS

PRICE

$9,040,000 USD

PRICE/SF

$904 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail @ Victory Ridge | Colorado Springs, CO

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.99 AC

LAND SF

86,684 SF

ZONING

-

APN/PARCEL ID

62204-02-002

ASK ABOUT THIS PROPERTY

Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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