7376 McLaughlin Rd - Retail FOR SALE


Falcon, CO 80831
$5,700,000 USD
720-318-9454
7376 McLaughlin Rd, Falcon, CO for Sale
$5,700,000 USD
Retail - FOR SALE
1/8
null | 7.01% Cap Rate

7376 McLaughlin Rd
Falcon, CO 80831


HIGHLIGHTS

  • Multi Tenant Retail in North Colorado Springs sub market
  • Stabilized Tenants
  • Fast Growth area

OVERVIEW

The Shops at Woodmen Hills is a retail property located just 30 minutes east of Colorado Springs in Peyton (Falcon), Colorado in El Paso County. This town has seen exponential growth and new development over the past few years, and it is not slowing down. The Shops at Woodmen Hills is located on the corner of East Woodmen Road and Meridian Road. This center is the first thing seen driving into town from I-25. The center has one point of full access at East Woodmen Road and McLaughlin Road intersection, and partial access along Meridian Road. This center was built in 2003, totaling approximately 27,658 sf on 2.93 Acres. It is 100% occupied. The average in-place rents are $15.64 ($19.10 excluding Dollar Tree) with stable leases. There is a strong tenant mix including many national tenants. Offered at $5,700,000 with a Net Operating Income of $399,808, Woodmen Hills provides an opportunity to see an immediate return on investment in one of the fastest growing areas in Colorado and the Nation.

FOR SALE DETAILS

PRICE

$5,700,000 USD

PRICE/SF

$206 USD /SF

CAP RATE

7.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

127

LAND DETAILS

CROSS STREETS

SEC Woodmen Rd & Mclaughlin Rd

LAND ACRES

2.93 AC

LAND SF

127,631 SF

ZONING

CR

APN/PARCEL ID

43072-02-022

ASK ABOUT THIS PROPERTY

Mark PymsPanorama Commercial GroupMore Info
720-318-9454

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

Mark PymsPanorama Commercial GroupMore Info
720-318-9454

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