3204-3208 E Platte Ave - Auto Dealership FOR SALE


Colorado Springs, CO 80909- Knob Hill
$9,400,000 USD
303-321-5888
3204-3208 E Platte Ave, Colorado Springs, CO for Sale
$9,400,000 USD
Auto Dealership - FOR SALE
1/38
null | 6.4% Cap Rate

3204-3208 E Platte Ave
Colorado Springs, CO 80909
Knob Hill


HIGHLIGHTS

  • Leased Long Term to Blue Compass RV with Corporate Guaranty
  • Easy Access to all of Colorado Springs Metro via E Platte & N Academy Blvd
  • Located in Densely Populated Area
  • Strong Corporate Guarantee
  • Opportunity Zone

OVERVIEW

The property at 3204-3208 E Platte Ave in Colorado Springs represents a rare investment opportunity in the rapidly growing South Central region of the city. The property lies in an Opportunity Zone, which can provide significant tax advantages to investors. This fully leased, single-tenant asset is strategically positioned on E Platte Ave, a major thoroughfare with a daily vehicle count exceeding 42,800, providing exceptional visibility and identity for the tenant. The tenant, one of the largest and fastest-growing RV retail companies in history, currently owns and operates 100 full-service dealerships and over 1,000 service bays nationwide. The property caters perfectly to the tenant’s unique needs, offering a blend of retail and service space that aligns with their expansive operations. The lease, which extends through November 30, 2029, is currently generating market rental income, making this an attractive option for investors seeking stable and consistent returns with room to grow. The combination of a high-profile tenant, prime location, and long-term lease makes this property a standout investment opportunity in the Colorado Springs market.

FOR SALE DETAILS

PRICE

$9,400,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Storefront Retail/Office, Showroom, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

283

LAND DETAILS

LAND ACRES

5.6 AC

LAND SF

243,936 SF

ZONING

MX-L

APN/PARCEL ID

64103-21-048,64103-21-049

ASK ABOUT THIS PROPERTY

Earl DuffyUnique Properties, Inc.More Info
303-321-5888

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Earl DuffyUnique Properties, Inc.More Info
303-321-5888

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