9673 Prominent Pt - Storefront FOR SALE


Colorado Springs, CO 80924- Wolf Ranch
$9,000,000 USD
949-547-2213
9673 Prominent Pt, Colorado Springs, CO for Sale
$9,000,000 USD
Storefront - FOR SALE
1/16
null | Request Cap Rate

9673 Prominent Pt
Colorado Springs, CO 80924
Wolf Ranch


HIGHLIGHTS

  • The asset benefits from the traffic generated by the Super Target shadow anchor as well as the Kum & Go and Wells Fargo out parcels
  • Three national tenants anchor the strip and help provide exposure for the other users at the site
  • Healthy e-commerce resistant tenant mix consisting of restaurants and service based users
  • Incoming investors will benefit from a stable cashflow with no lease rollovers until 2026

OVERVIEW

This is a great opportunity to acquire a fully stabilized retail strip center situated in the premier retail shopping district of the area. The Target shadow anchor and the excellent surrounding demographics have stabilized the strip as well as increased rental rates at the site. The incoming investor is going to benefit from a stable cashflow with little to no tenant rollover given the national retailers and the desirability of the location.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$495 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops at Briargate | 5 Tenant Shops to TARGET

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

338

LAND DETAILS

CROSS STREETS

Briargate Pkwy

LAND ACRES

2.23 AC

LAND SF

97,139 SF

ZONING

PBC

APN/PARCEL ID

62264-02-025

ASK ABOUT THIS PROPERTY

John RedfieldBlue West Capital, LLC.More Info
949-547-2213

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John RedfieldBlue West Capital, LLC.More Info
949-547-2213

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