This Retail Property is no longer advertised on LoopNet.com.

4470 Royal Pine Dr
Colorado Springs, CO 80920
$200,000 Co-Broke Fee: Walgreens Ground Lease · Retail Property For Sale

Investment Highlights

  • Long Term Absolute Net Lease - Zero Landlord Responsibilities
  • Preferred 5-Year Option Structure
  • Strong Retail Area - Shadow Anchored by Lowes & Target
  • Affluent Area: HH Incomes of $155k Within in One Mile
  • 10% Rent Bumps, Every 10 Years in Options
  • Full Walgreens Corporate Guaranty

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,465 SF
Building Class
B
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.77 AC
Zoning
PBC
Parking
65 Spaces (4.49 Spaces per 1,000 SF Leased)
Frontage
173’ on Briargate Pky

Amenities

  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
62351-15-011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$530,710
  • Listing ID: 25245748

  • Date on Market: 3/14/2022

  • Last Updated:

  • Address: 4470 Royal Pine Dr, Colorado Springs, CO 80920

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