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4713 Flintridge Dr
Colorado Springs, CO 80918
Dark Walgreens w/Just Under 7 Years Remaining · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Robust Traffic Counts on Academy Boulevard (45k VPD) and Flintridge Drive (12k VPD) (Source: CoStar, 2025)
  • Affluent Community with an Average Household Income of Over $102K within Five Miles of the Subject Asset, as of 2024
  • Parks and Outdoor Recreational Facilities Nearby Include: US Olympic Training Center, Palmer Park, Memorial Park, Red Rock Canyon, and More
  • Well Established Retail Area | Nearby National Retailers Include: King Soopers, Walmart, Safeway, Target, AutoZone, O’Reilly Auto Parts, and Others
  • Subject is 8 Miles from Downtown Colorado Springs with a Population of 493,554
  • Subject is 9 Miles from Colorado Springs Airport, Serving Over 2.3M Passengers Annually (coloradosprings.gov)

EXECUTIVE SUMMARY

Subject is a 14,820 Square-Foot Dark Walgreens on a 1.71-Acre Lot
with Ample Parking, Pylon Signage, and Easy Ingress/Egress.
The Absolute Net Lease is Corporate Guaranteed and has Just Under
Seven Years Remaining, Will Have Over $2.3M in Future Payments as of
the End of 2025.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2007
Price
$3,995,000
Price Per SF
$269.57
Cap Rate
9.14%
NOI
$365,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
3.46 AC
Zoning
MX-M
Parking
50 Spaces (3.37 Spaces per 1,000 SF Leased)
Frontage
107’ on Flintridge Dr

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
63223-06-054
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$450,380
  • Listing ID: 37270598

  • Date on Market: 8/14/2025

  • Last Updated:

  • Address: 4713 Flintridge Dr, Colorado Springs, CO 80918

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