3705-3737 Drennan Rd - Storefront FOR SALE


Colorado Springs, CO 80910
$5,750,000 USD
719-650-4627
3705-3737 Drennan Rd, Colorado Springs, CO for Sale
$5,750,000 USD
Storefront - FOR SALE
1/10
null | 7.42% Cap Rate

3705-3737 Drennan Rd
Colorado Springs, CO 80910


HIGHLIGHTS

  • New Roof
  • New Parking Lot
  • Fully Occupied
  • Room for Growth
  • Near Amazon's 3.7 Million SF Warehouse

OVERVIEW

Discover an exceptional investment opportunity with this fully leased shopping center now available for sale. Boasting a recently installed new roof and a freshly paved parking lot, this property not only ensures a modern and well-maintained exterior but also underlines its commitment to long-term durability and aesthetic appeal. With every retail space fully occupied, this shopping center stands as a testament to its popularity and success within the community. Investors can benefit from a stable and lucrative income stream from established businesses, providing a secure foundation for a promising investment portfolio. The property’s design includes a thoughtful allocation of space, leaving room for growth and expansion. This feature presents an enticing prospect for prospective tenants looking to join the bustling retail landscape or for current tenants aiming to expand their operations. The flexibility of the available space caters to a variety of business needs, making it an ideal choice for entrepreneurs seeking opportunities for development. Strategically located near Amazon’s massive 3.7 million square feet warehouse, this shopping center enjoys proximity to one of the world’s leading e-commerce giants. This geographical advantage opens doors to enhanced visibility, increased foot traffic, and the potential to tap into the thriving e-commerce ecosystem, offering a competitive edge for businesses operating within the shopping center. Seize the opportunity to invest in a fully leased shopping center that combines a prime location, modern infrastructure, full occupancy, and room for future growth. This property represents a sound investment with the potential for both immediate returns and long-term appreciation.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

7.42%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southpointe Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

140

LAND DETAILS

LAND ACRES

2.85 AC

LAND SF

124,146 SF

ZONING

-

APN/PARCEL ID

65031-03-001

ASK ABOUT THIS PROPERTY

Chris MyersHoff & Leigh Colorado Springs, LLCMore Info
719-650-4627

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Chris MyersHoff & Leigh Colorado Springs, LLCMore Info
719-650-4627

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