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Investment Highlights
- Fully leased to Blue Compass RV, the nation's second-largest RV dealership operator in the U.S. with a new lease extension through November 2031.
- Consistently ranked in the top 10-15% among Blue Compass RV's top-performing locations, out of over 100 dealership locations across the U.S.
- Versatile layout comprising dealership, service, storage facility, and outdoor storage space, with over $780,000 in recent capital improvements.
- Located on E. Platte Avenue with exposure to 42,800+ vehicles daily, delivering exceptional visibility for this top-performing RV service center.
- Ideal 1031 exchange opportunity offering stable passive income, long-term appreciation potential, and a high-performing asset with a long-term lease.
- Opportunity Zone investment in a rapidly growing area, surrounded by affluent demographics with $107,000 average household incomes.
Executive Summary
Discover this exceptional investment opportunity offering stable long-term income through a corporate-backed lease with Blue Compass RV, the second-largest RV dealership in the U.S. with more than 100 dealership locations. Strategically located at 3204-3208 East Platte Avenue in Colorado Springs, the Property spans 45,828 square feet across four buildings: a 29,450-square-foot RV sales center, a 12,720-square-foot service garage, a 2,823-square-foot service garage, and an 835-square-foot sales office. The property consists of 5.6 acres in total with a building to land coverage ratio of 18.8%, which allows for industrial outdoor storage. Designed originally for large-scale dealership operations, the site features loading capabilities, clear heights (excluding the small sales building) ranging from 16 to 19 feet, extensive vehicle display and storage areas, and zoning that permits outdoor storage. This combination of industrial, retail, service, parts, and storage infrastructure creates a highly functional facility that directly supports the tenant's business model and long-term occupancy requirements as evident by a newly executed lease extension through November 2031.
The listed price of $8,290,000 or $181 per square foot is substantially below replacement cost. The pricing on a land basis is $34 per square foot, which is below market land value. Thus, the property can be acquired below replacement cost and land value.
Situated on a highly visible hard corner along E. Platte Avenue, the dealership is exposed to more than 42,000 vehicles daily and offers convenient access throughout Colorado Springs. The location consistently ranks among Blue Compass RV's top-performing dealerships nationally, placing it between 10-15% of the highest-performing locations out of more than 100 branches. The surrounding market spends more than $2 billion annually on transportation and maintenance expenditures, supporting ongoing demand for RV sales, service, parts, and related automotive uses. Recent capital investments exceeding $780,000 further enhance the asset's long-term value and operational functionality, making it an attractive turnkey investment or 1031 exchange opportunity.
Located within an Opportunity Zone in the rapidly expanding South-Central Colorado Springs submarket, the property benefits from strong demographic fundamentals and a highly affluent consumer base with average household incomes exceeding $107,000. As Colorado Springs continues to attract residents, businesses, and outdoor recreation enthusiasts, this high-profile investment presents a rare opportunity to acquire a mission-critical dealership asset with exceptional visibility, a strong corporate guarantee, long-term lease stability, and significant upside in one of Colorado's most desirable growth markets. The combination of a nationally recognized tenant, prime location, recent lease extension, substantial capital improvements, and Opportunity Zone positioning makes this a compelling acquisition for investors seeking long-term wealth preservation, passive income, and appreciation potential.
The listed price of $8,290,000 or $181 per square foot is substantially below replacement cost. The pricing on a land basis is $34 per square foot, which is below market land value. Thus, the property can be acquired below replacement cost and land value.
Situated on a highly visible hard corner along E. Platte Avenue, the dealership is exposed to more than 42,000 vehicles daily and offers convenient access throughout Colorado Springs. The location consistently ranks among Blue Compass RV's top-performing dealerships nationally, placing it between 10-15% of the highest-performing locations out of more than 100 branches. The surrounding market spends more than $2 billion annually on transportation and maintenance expenditures, supporting ongoing demand for RV sales, service, parts, and related automotive uses. Recent capital investments exceeding $780,000 further enhance the asset's long-term value and operational functionality, making it an attractive turnkey investment or 1031 exchange opportunity.
Located within an Opportunity Zone in the rapidly expanding South-Central Colorado Springs submarket, the property benefits from strong demographic fundamentals and a highly affluent consumer base with average household incomes exceeding $107,000. As Colorado Springs continues to attract residents, businesses, and outdoor recreation enthusiasts, this high-profile investment presents a rare opportunity to acquire a mission-critical dealership asset with exceptional visibility, a strong corporate guarantee, long-term lease stability, and significant upside in one of Colorado's most desirable growth markets. The combination of a nationally recognized tenant, prime location, recent lease extension, substantial capital improvements, and Opportunity Zone positioning makes this a compelling acquisition for investors seeking long-term wealth preservation, passive income, and appreciation potential.
Sale Flyer
Property Facts
| Price | $8,290,000 | Number of Properties | 4 |
| Price / SF | $180.89 / SF | Individually For Sale | 0 |
| Cap Rate | 7.50% | Total Building Size | 45,828 SF |
| Sale Type | Investment NNN | Total Land Area | 10.92 AC |
| Status | Active |
| Price | $8,290,000 |
| Price / SF | $180.89 / SF |
| Cap Rate | 7.50% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 45,828 SF |
| Total Land Area | 10.92 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3208 E Platte Ave, Colorado Springs, CO 80909 | Office | 835 SF | 1975 | - |
| 3204-3208 E Platte Ave, Colorado Springs, CO 80909 | Retail | 29,450 SF | 1967 | - |
| 3204 E Platte Ave, Colorado Springs, CO 80909 | Retail | 12,720 SF | 1970 | - |
| 3204 E Platte Ave, Colorado Springs, CO 80909 | Retail | 2,823 SF | 1967 | - |
Sale Advisors
Greg Knott, Executive Vice President
Greg Knott has been a licensed Commercial Realtor in the Denver Market since 1993. His first 9 years in the industry were spent as an Industrial Broker with Metro Brokers, Inc., then joined Unique Properties in April of 2002. Since Greg’s start as a broker, he has successfully negotiated and executed over 900 leases for both tenants and owners representing over 10,000,000 square feet of property. He has also brokered the acquisition and disposition of over $500,000,000 worth of real estate. Greg currently handles approximately 1,500,000 square feet of leasable or sellable real estate. Greg considers himself an Industrial, Office, Investment, and Land specialist and also handles 250,000sf of retail properties and 150,000sf of office properties. On average Greg executes approximately 70 leases and 25 sales per year.
For the past 20 years, Greg has been a constant top producer, taking home awards such as DMCAR’s Heavy Hitter award every year since 2002, the top producer at Unique Properties Inc. since 2005, and named power broker from 2004-2017 by CoStar.
For the past 20 years, Greg has been a constant top producer, taking home awards such as DMCAR’s Heavy Hitter award every year since 2002, the top producer at Unique Properties Inc. since 2005, and named power broker from 2004-2017 by CoStar.
Earl Duffy, Broker Associate
Earl Duffy joined Unique Properties, Inc. / TCN Worldwide in April 2017 and works with Executive Vice President, Greg Knott. Earl focuses on the salesle/leasing of many types of properties in Colorado. He supports his clients by finding properties of value, executing essential research, analyzing assets, and by supporting all aspects related to the acquisition and disposition of any and all commercial property. Earl previously worked for Craddock Commercial Real Estate in Colorado Springs doing marketing and leasing for their large portfolio. He also grew up in a real estate family and has seen the business from many aspects assisting his father, Tom Duffy, and Duffy Realty, Inc.
On a personal level, Earl enjoys skiing, mountain biking and generally spending time in the outdoors.
On a personal level, Earl enjoys skiing, mountain biking and generally spending time in the outdoors.
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