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2027-2035 B St 10,350 SF 100% Leased Retail Building Colorado Springs, CO 80906 $4,836,613 ($467.31/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Near Broadmorr World Area and Fort Carson
  • Fully Occupied
  • New Parking Lot
  • Room for Growth

EXECUTIVE SUMMARY

Discover an exceptional investment opportunity with this almost fully leased shopping center now available for sale. This property not only ensures a modern and well-maintained exterior but also underlines its commitment to long-term durability and aesthetic appeal.
The property at 2027-2059 B Street in Colorado Springs, is located in a vibrant commercial area near notable landmarks like The Broadmoor World Arena and Fort Carson. This location ensures consistent visibility and foot traffic from military, locals and visitors. Additionally, the property is easily accessible to major thoroughfares, making it convenient for customers, employees, and vendors to commute.
This shopping center stands as a testament to its popularity and success within the community. Investors can benefit from a stable and rewarding income stream from established businesses, providing a secure foundation for a promising investment portfolio.
This retail center is anchored by a well-established 7-Eleven, which generates good foot traffic and increases exposure for neighboring businesses. The property offers ample parking, with a newly repaved parking lot. With a range of suite and sizes, the building is primed to meet your investment needs.
With its prime location, established anchor tenant, and flexible space offerings, 2027-2059 B Street is an excellent opportunity for investors seeking a strategic purchase in Colorado Springs. 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.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
10,350 SF
Building Class
C
Year Built
1985
Price
$4,836,613
Price Per SF
$467.31
Cap Rate
7%
NOI
$338,562
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.13 AC
Zoning
CC
Parking
40 Spaces (3.86 Spaces per 1,000 SF Leased)
Frontage
78’ on B St

AMENITIES

  • Bus Line
  • Signalized Intersection

NEARBY MAJOR RETAILERS

Starbucks
MOD Pizza
Freddy's Frozen Custard & Steakburgers

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
65042-00-038
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$602,580
  • Listing ID: 34277458

  • Date on Market: 12/23/2024

  • Last Updated:

  • Address: 2027-2035 B St, Colorado Springs, CO 80906

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