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The Mart 6436 S Hwy 85-87 40,810 SF 100% Leased Retail Building Colorado Springs, CO 80911 $12,350,000 ($302.62/SF) 6.68% Cap Rate



Investment Highlights
- Fully-Stabilized, 100% Occupied Neighborhood Retail Center
- Exceptional Occupancy with a Diverse, Proven Tenant Base
- Long-Term Tenancy - Built-In Stability and Rent Growth
- Military Market - Recession-Resistant Demand
- Creditworthy Government Anchors
- NNN Lease Structure - Passive Income
Executive Summary
This is a true core investment opportunity. The center offers no lease-up risk, limited near-term rollover exposure, and minimal landlord responsibilities under its predominantly triple-net lease structure. Investors benefit from durable, passive income generated by a complementary tenant roster that has established deep roots within the surrounding community.
Strategically positioned along the primary commercial corridor serving Fountain and southern Colorado Springs, the property benefits from strong consumer demand driven by continued residential growth, expanding retail development, and the economic influence of Fort Carson, one of the largest military installations in the United States. The combination of steady population growth, strong traffic counts, and a stable employment base has made this corridor one of the region’s most sought-after retail locations.
With strong in-place cash flow, long-term tenancy, and favorable market fundamentals, the Shopping Center offers investors a rare combination of stability, income security, and future appreciation potential. This opportunity is ideally suited for private investors, family offices, and 1031 exchange buyers seeking a high-quality retail asset with predictable returns and limited management intensity.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$864,034
|
$20.26
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$864,034
|
$20.26
|
| Taxes |
$13,357
|
$0.31
|
| Operating Expenses |
$26,182
|
$0.61
|
| Total Expenses |
$39,539
|
$0.93
|
| Net Operating Income |
$824,495
|
$19.33
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $864,034 |
| Annual Per SF | $20.26 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $864,034 |
| Annual Per SF | $20.26 |
| Taxes | |
|---|---|
| Annual | $13,357 |
| Annual Per SF | $0.31 |
| Operating Expenses | |
|---|---|
| Annual | $26,182 |
| Annual Per SF | $0.61 |
| Total Expenses | |
|---|---|
| Annual | $39,539 |
| Annual Per SF | $0.93 |
| Net Operating Income | |
|---|---|
| Annual | $824,495 |
| Annual Per SF | $19.33 |
Property Facts
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Restaurant
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Awning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Anytime Fitness began in Minnesota in 2002 as a network of smaller neighbourhood gyms built around convenience, affordability, quality equipment and friendly service. The company operates a franchise system of 24-hour health and fitness clubs, with personal training, fitness consultations and coaching support among its offerings. Anytime Fitness now serves members through a wide international footprint across multiple continents and countries, combining club-based fitness with a broader franchise model.
Established in 1947 through the National Security Act, the U.S. Department of Defense is the federal department responsible for organizing the nation's defense structure and coordinating military policy. The department oversees the U.S. armed forces and a broad network of defense agencies and field activities that support national security, intelligence, logistics, research, procurement, communications, and shared enterprise services. The department's mission centers on providing military forces needed to deter war and protect national security while managing the integration of major service branches and defense support functions across the federal government.
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e truly believe in starting children off right when it comes to their dental health. It is our goal to ensure that each visit goes well so that they think of the dentist’s office as a good place. Our entire staff is wonderful with children, allowing them to relax while we care for their teeth. Our dentists and staff have received extra training for primary teeth. Our goal is to protect your children’s teeth so they can eat and speak correctly. We will do whatever we can to help your children have the bright smiles they deserve. We are also here for you, the parents. We know how important (yet difficult) it is to take care of your children’s teeth at home. During your appointment, we will go over the care that you need to be providing at home and look for problems as well. If needed, we will work with your child’s pediatrician.
- Plant Mama
- Retailer
- -
- $20.00
- Triple Net
- -
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Arts, Entertainment, and Recreation | - | - | - | - | |
|
Public Administration | - | - | - | - | |
|
Professional, Scientific, and Technical Services | - | - | - | - | |
|
Health Care and Social Assistance | - | - | - | - | |
| Plant Mama | Retailer | - | $20.00 | Triple Net | - | |
|
Public Administration | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Total Assessment | $3,561,543 (2026) | |
| Land Assessment | $0 (2026) | Annual Taxes | $13,357 ($0.33/SF) |
| Improvements Assessment | $0 (2026) | Tax Year | 2025 |

