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3632-3642 Jeannine Dr 8,100 SF 100% Leased Retail Building Colorado Springs, CO 80917 $1,215,000 ($150/SF)



EXECUTIVE SUMMARY
The Jeannine Center is a small strip center located near Academy & Austin Bluffs. There are 5 rental units all paying below market rents with short-term leases.
The building is 8,100 SF on 25,000 SF of C5 CR zoned land.
Each unit has a retail style front area and a rear overhead door. The tenants are a steady mix of mom & pop business with track records of consistent rent payment.
The roof is new and four of the five RTUs were just replaced. There is no know other expected capital improvements anticipated.
The asking price: $1,215,000
Price = $150 psf
For a private showing and the confidential financial information, Call Tim Leigh 719-337-9551 or Holly Trinidad 719-337-0999
The building is 8,100 SF on 25,000 SF of C5 CR zoned land.
Each unit has a retail style front area and a rear overhead door. The tenants are a steady mix of mom & pop business with track records of consistent rent payment.
The roof is new and four of the five RTUs were just replaced. There is no know other expected capital improvements anticipated.
The asking price: $1,215,000
Price = $150 psf
For a private showing and the confidential financial information, Call Tim Leigh 719-337-9551 or Holly Trinidad 719-337-0999
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,100 SF
Building Class
C
Year Built
1986
Price
$1,215,000
Price Per SF
$150
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.57 AC
Zoning
C5, Colorado Springs
Parking
28 Spaces (4.12 Spaces per 1,000 SF Leased)
Frontage
154’ on Jeannine Dr
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 63274-02-033 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $427,380 |
PROPERTY TAXES
Parcel Number
63274-02-033
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$427,380
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3632-3642 Jeannine Dr
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