Cimarron Hills Center 1817-1873 Peterson Rd 13,200 SF 100% Leased Retail Building Colorado Springs, CO 80915 $2,600,000 ($196.97/SF) 6.20% Cap Rate

Fully leased investment opportunity in a well-established neighborhood retail center located in East Central Colorado Springs. This property consists of eight units ranging from approximately 900 SF to 2,400 SF, demonstrating stability with 100% occupancy and historically low tenant turnover. Positioned at the intersection of Peterson Road and Palmer Park Boulevard, the site benefits from strong traffic counts, visible frontage, and proximity to major retail anchors, residential zones, and Peterson Space Force Base.
The offering presents a solid cash flow foundation supported by long-term tenants and structured annual rent increases. Recently upgraded parking enhances site appeal, while ample parking and convenient ingress/egress cater to both customers and employees. This investment yields attractive long-term upside with below-market rents poised for future growth. Located in a thriving corridor with surrounding national retailers and dense residential demographics, this retail asset secures value and continuity for investors seeking steady returns and sustained performance.