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

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 Six Years Remaining, Over $2M in Future Payments as of
July 2026.

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
1972
Price
$3,725,000
Price Per SF
$251.35
Cap Rate
9.80%
NOI
$365,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.72 AC
Zoning
MX-M - Mixed Use Medium Scale
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
$417,020
  • Listing ID: 37270598

  • Date on Market: 8/14/2025

  • Last Updated:

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

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