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4110 Austin Bluffs Pky
Colorado Springs, CO 80918
Wells Fargo Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15-year guaranteed absolute NNN ground lease to Wells Fargo, the fourth-largest bank in the United States by total assets.
- Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
- Wells Fargo reported Q2 2025 net income of $5.5 billion, a 12% increase year-over-year.
- 10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth.
- Wells Fargo reported a net income of $19.7 billion and earnings per diluted share of $5.37 in 2024, demonstrating robust profitability.
- Loan balances have increased by $10.6 billion year-over-year, reflecting an effective growth strategy.
EXECUTIVE SUMMARY
High-visibility and easily accessible location at the signalized four-way intersection of Austin Bluffs Parkway and North Academy Boulevard, allowing for prime site visibility (combined 92,650 AADT).Wells Fargo reported a net income of $19.7 billion and earnings per diluted share of $5.37 in 2024, demonstrating robust profitability.
The five-mile radius serves a populous region of 313,654 with an average annual household income of $105,701. The property serves as an outparcel to a King Scoopers-anchored multi-tenant shopping center and is surrounded by major national retailers creating a vibrant commercial hub for retail service.
Two miles from The University of Colorado – Colorado Springs (12,000+ students; 2,000+ faculty/staff).
Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise this Wells Fargo and Colorado Springs for steady concurrent growth.
The five-mile radius serves a populous region of 313,654 with an average annual household income of $105,701. The property serves as an outparcel to a King Scoopers-anchored multi-tenant shopping center and is surrounded by major national retailers creating a vibrant commercial hub for retail service.
Two miles from The University of Colorado – Colorado Springs (12,000+ students; 2,000+ faculty/staff).
Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise this Wells Fargo and Colorado Springs for steady concurrent growth.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
B
Year Built
2025
Price
$5,778,000
Price Per SF
$1,650.86
Cap Rate
4.50%
NOI
$260,010
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.87 AC
PROPERTY TAXES
| Parcel Number | 63271-21-013 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,070,270 |
PROPERTY TAXES
Parcel Number
63271-21-013
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,070,270
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