4265 Austin Bluffs Pky - Fast Food FOR SALE
Colorado Springs, CO 80918 |
$4,456,000 USD
214-643-6097
4265 Austin Bluffs Pky
Colorado Springs, CO 80918
HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years
- Mile High Chicken, LLC is an experienced operator with 10 Slim Chickens restaurants with 4 additional sites slated to open by Spring 2024
- Personally Guaranteed by 2 operators with a combined net worth of over $30 million.
- New, high-quality, build-to-suit construction to Slim Chickens latest prototype - opened September 2023.
- Well positioned in dense retail corridor on ±0.989-acre lot with high barriers to entry & excellent drive-by visibility/access
- 2023 Population: 312,094 and 2023 Avg. Household Income: $106,482
FOR SALE DETAILS
PRICE
$4,456,000 USD
PRICE/SF
$1,354 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SLIM CHICKENS - COLORADO SPRINGS, CO
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.98 AC
LAND SF
42,689 SF
ZONING
C
APN/PARCEL ID
63262-02-059
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214-643-6097
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214-643-6097
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