1856 Democracy Pt - Restaurant FOR SALE


Colorado Springs, CO 80921- Pine Creek
$3,700,000 USD
970-305-8113
1856 Democracy Pt, Colorado Springs, CO for Sale
$3,700,000 USD
Restaurant - FOR SALE
1/2
null | 5.68% Cap Rate

1856 Democracy Pt
Colorado Springs, CO 80921
Pine Creek


HIGHLIGHTS

  • Highly visible building with Interquest Parkway frontage.
  • Less than 1 mile from Interstate 25.
  • Nearby Amenities Include: Scheels, Great Wolf Lodge Water Park, Main Event, Icon Cinema, hotels, restaurants and more.

OVERVIEW

NAI Affinity presents an exceptional investment: a brand new restaurant property in the bustling Victory Ridge mixed-use development in northern Colorado Springs. Ideally situated less than a mile from Interstate 25 with frontage on Interquest Parkway, this prime location ensures high visibility and easy access. The surrounding area boasts a dynamic mix of major retailers, large office complexes, entertainment venues, hotels, and numerous residential apartments, guaranteeing a diverse and steady customer base. Located on the vibrant Interquest Parkway corridor, known for its array of dining options, this property stands out with its inviting rooftop patio and outdoor seating areas, designed to attract and retain patrons.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$875 USD /SF

CAP RATE

5.68%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,926 SF

ZONING

-

APN/PARCEL ID

62204-02-015

ASK ABOUT THIS PROPERTY

Jake HallauerNAI AffinityMore Info
970-305-8113

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Jake HallauerNAI AffinityMore Info
970-305-8113

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