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Southpointe Plaza 3705-3737 Drennan Rd 30,060 SF 77% Leased Retail Building Colorado Springs, CO 80910 $5,750,000 ($191.28/SF) 7.42% Cap Rate

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INVESTMENT HIGHLIGHTS

  • New Roof
  • Fully Occupied
  • Near Amazon's 3.7 Million SF Warehouse
  • New Parking Lot
  • Room for Growth

EXECUTIVE SUMMARY

Discover an exceptional investment opportunity with this fully leased shopping center now available for sale. Boasting a recently installed new roof and a freshly paved parking lot, this property not only ensures a modern and well-maintained exterior but also underlines its commitment to long-term durability and aesthetic appeal.
With every retail space fully occupied, this shopping center stands as a testament to its popularity and success within the community. Investors can benefit from a stable and lucrative income stream from established businesses, providing a secure foundation for a promising investment portfolio.
The property’s design includes a thoughtful allocation of space, leaving room for growth and expansion. This feature presents an enticing prospect for prospective tenants looking to join the bustling retail landscape or for current tenants aiming to expand their operations. The flexibility of the available space caters to a variety of business needs, making it an ideal choice for entrepreneurs seeking opportunities
for development.
Strategically located near Amazon’s massive 3.7 million square feet warehouse, this shopping center enjoys proximity to one of the world’s leading e-commerce giants. This geographical advantage opens doors to enhanced visibility, increased foot traffic, and the potential to tap into the thriving e-commerce ecosystem, offering a competitive edge for businesses operating within the shopping center.
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
30,060 SF
Building Class
C
Year Built
1985
Price
$5,750,000
Price Per SF
$191.28
Cap Rate
7.42%
NOI
$426,822
Percent Leased
77%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
2.85 AC
Opportunity Zone
Yes
Zoning
MX-L AO
Parking
140 Spaces (4.66 Spaces per 1,000 SF Leased)
Frontage
341’ on S Academy Blvd

AMENITIES

  • Bus Line

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 3725
  • 7,000 SF
  • Retail
  • -
  • Now

Now available for lease 3705-3737 Drennan Road! This busy retail center is anchored by a Loaf- N-Jug. This property has huge frontage, a large monument sign on South Academy and it is just minutes away from Fort Carson providing lots of military traffic. This property would be a perfect fit for any retail or light office user. Don’t miss out on the chance to establish or expand your business in this fantastic location! For more information or to set up a private showing contact Chris Myers or Jayme Wilson today!

Space Size Space Use Position Available
3725 7,000 SF Retail - Now

3725

Size
7,000 SF
Space Use
Retail
Position
-
Available
Now

3725

Size 7,000 SF
Space Use Retail
Position -
Available Now

Now available for lease 3705-3737 Drennan Road! This busy retail center is anchored by a Loaf- N-Jug. This property has huge frontage, a large monument sign on South Academy and it is just minutes away from Fort Carson providing lots of military traffic. This property would be a perfect fit for any retail or light office user. Don’t miss out on the chance to establish or expand your business in this fantastic location! For more information or to set up a private showing contact Chris Myers or Jayme Wilson today!

NEARBY MAJOR RETAILERS

Starbucks
King Soopers
Huntington Bank
KeyBank
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
65031-03-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$764,270
  • Listing ID: 34276385

  • Date on Market: 12/23/2024

  • Last Updated:

  • Address: 3705-3737 Drennan Rd, Colorado Springs, CO 80910

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