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1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 64304-06-020 |
| Cap Rate | 7.40% |
| Sale Type | Investment |
| Cap Rate | 7.40% |
| APN/Parcel ID | 64304-06-020 |
The subject Big R is located in the popular Broadmoor Town Center at the SWC of Nevada Ave (aka CO Hwy 115) & Lake Ave, averaging over 60,000 vehicles per day, just east of I25 in Southeast Colorado Springs. The Broadmoor Towne Center is the premier shopping destination near the legendary 5-star/5-diamond Broadmoor resort.
The subject Big R is located in the popular Broadmoor Town Center at the SWC of Nevada Ave (aka CO Hwy 115) & Lake Ave, averaging over 60,000 vehicles per day, just east of I25 in Southeast Colorado Springs. The Broadmoor Towne Center is the premier shopping destination near the legendary 5-star/5-diamond Broadmoor resort.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 100 | 46,614 SF | Retail | $6,955,500 ($149.21/SF) | $514,707 |
Unit 100
| Unit Size |
| 46,614 SF |
| Condo Use |
| Retail |
| Price |
| $6,955,500 ($149.21/SF) |
| NOI |
| $514,707 |
Unit 100
| Unit Size | 46,614 SF |
| Condo Use | Retail |
| Price | $6,955,500 ($149.21/SF) |
| NOI | $514,707 |
| Sale Type | Investment |
| Cap Rate | 7.40% |
| APN/Parcel ID | 64304-06-020 |
| Description | |
|
As the Exclusive Agent for the seller, SVN Denver is proud to present this long-term single-tenant investment opportunity. The subject property is located in the popular Broadmoor Towne Center with 9 years +/- remaining on the lease with Big R, which operates 39 successful locations across CO, NM, KS, OK, and TX. Big R's initial rent/sf is below market, currently at $11/sf. National tenants adjacent to the property include Home Depot, Ross, PetSmart, Michael’s, Red Robin, Chipotle, Ulta, and Old Navy. The subject Big R is located in the popular Broadmoor Town Center at the SWC of Nevada Ave (aka CO Hwy 115) & Lake Ave, averaging over 60,000 vehicles per day, just east of I25 in Southeast Colorado Springs. The Broadmoor Towne Center is the premier shopping destination near the legendary 5-star/5-diamond Broadmoor resort. |
|
| Sale Notes | |
|
As the Exclusive Agent for the seller, SVN Denver is proud to present this long-term single-tenant investment opportunity. The subject property is located in the popular Broadmoor Towne Center with 9 years +/- remaining on the lease with Big R, which operates 39 successful locations across CO, NM, KS, OK, and TX. Big R's initial rent/sf is below market, currently at $11/sf. National tenants adjacent to the property include Home Depot, Ross, PetSmart, Michael’s, Red Robin, Chipotle, Ulta, and Old Navy. The subject Big R is located in the popular Broadmoor Town Center at the SWC of Nevada Ave (aka CO Hwy 115) & Lake Ave, averaging over 60,000 vehicles per day, just east of I25 in Southeast Colorado Springs. The Broadmoor Towne Center is the premier shopping destination near the legendary 5-star/5-diamond Broadmoor resort. |
Property Facts
| Total Building Size | 145,270 SF | Typical Floor Size | 46,614 SF |
| Property Type | Retail (Condo) | Year Built | 1959 |
| Property Subtype | Storefront | Tenancy | Single |
| Building Class | C | Lot Size | 9.74 AC |
| Floors | 1 | Parking Ratio | 8.58/1,000 SF |
| Zoning | C5 | ||
| Total Building Size | 145,270 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 46,614 SF |
| Year Built | 1959 |
| Tenancy | Single |
| Lot Size | 9.74 AC |
| Parking Ratio | 8.58/1,000 SF |
| Zoning | C5 |
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
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