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Delmonico Square 6660 Delmonico Dr 23,662 SF 100% Leased Retail Building Colorado Springs, CO 80919 $7,126,485 ($301.18/SF) 7.05% Cap Rate



Investment Highlights
- Fully leased asset with Total net rents of $502,751 as of March 1, 2026
- Stable long-term tenant base with market upside
- Annual rent escalations, driving NOI growth!
- Well maintained property
- Exterior facade remodel in 2018
- 100% Leased NNN Asset
Executive Summary
The center is anchored by a mix of established service-based and retail tenants that cater to the daily needs of the surrounding population, contributing to low vacancy and consistent cash flow. With limited new retail development in the area and rising barriers to entry, this property presents a rare opportunity to acquire a stable, income-producing asset in a supply-constrained submarket.
100% Leased NNN Asset
Annual Escalations
Stable In-Place Income
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
American Family Insurance began in 1927 when Herman Wittwer founded Farmers Mutual Automobile Insurance Company in Madison, Wisconsin. Initially serving farmers with auto insurance, the company expanded its offerings and customer base over the decades. By 1963, it became American Family Mutual Insurance Company, reflecting its broader market reach. Today, it provides homeowners, auto, life, business, and farm insurance through independent agents and online channels. The company operates in 19 states and has numerous subsidiaries that support its diverse insurance products and services.
- Cms Environmental Solutions
- Services
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- Digital Spectra
- Information
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Dunkin, formerly known as Dunkin’ Donuts, is a global quick-service restaurant brand headquartered in Canton, Massachusetts. Founded in 1950 by William Rosenberg in Quincy, Massachusetts, Dunkin specializes in coffee, baked goods, and breakfast sandwiches. The company operates under a 100% franchise model and is part of Inspire Brands, a privately held restaurant group. Dunkin has grown into one of the largest coffee and baked goods chains worldwide, serving millions of customers daily. Its menu includes hot and iced coffee, espresso beverages, donuts, bagels, and other breakfast items. Dunkin rebranded in 2019 to emphasize its beverage-led strategy while maintaining its iconic donut offerings. Today, the brand operates over 12,000 locations in more than 40 countries, including approximately 9,800 stores in the United States.
- Happy Hour Donuts, LLC
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- Triple Net
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- Matt Fitzpatrick Insurance Agency, Inc.
- Finance and Insurance
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- Triple Net
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“To provide qualified patients with a confidential, safe, and reliable source of natural medical products and support services.”
Subway began in 1965 when Fred DeLuca opened Pete's Super Submarines in Bridgeport, Connecticut with financing help from Peter Buck. The company pioneered the fast-casual restaurant model focused on customizable submarine sandwiches. After expanding through franchising since 1974, it now maintains dual headquarters in Connecticut and Florida while operating thousands of locations worldwide. The menu features made-to-order subs, wraps, salads and baked goods with fresh ingredients. Though now a global brand, its Connecticut roots remain central to the company's identity.
The UPS Store originated in 1980 as Mail Boxes Etc., created as an alternative to post offices. UPS acquired the company in 2001 and rebranded thousands of locations in 2003. The franchise model expanded across North America, offering shipping, printing, and business services. Each location operates independently but connects to UPS logistics. The UPS Store serves consumers and small businesses needing packaging, mailbox rentals, and document services. Over decades, it has grown through franchising in urban and suburban areas.
Since opening our doors in 1994, we have proudly served the Colorado Springs community, enriching the lives of thousands of students. With three locations throughout the city, we offer convenient, high-quality martial arts training for children, teens, adults, and families. At United States Karate Academy, we are more than just a martial arts school — we are a family dedicated to helping you and your loved ones become the best versions of yourselves. Our mission is to empower students of all ages by instilling values that go beyond the dojo, such as discipline, respect, confidence, and self-defense. We believe that martial arts is a lifelong journey that not only strengthens the body but sharpens the mind and nurtures the spirit. Whether you are 4 or 74, our programs are designed to meet you where you are and help you grow physically, mentally, and emotionally.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Finance and Insurance | - | - | - | - | |
| Cms Environmental Solutions | Services | - | - | - | - | |
| Digital Spectra | Information | - | - | - | - | |
|
Retailer | - | - | - | - | |
| Happy Hour Donuts, LLC | - | - | - | Triple Net | - | |
| Matt Fitzpatrick Insurance Agency, Inc. | Finance and Insurance | - | - | Triple Net | - | |
|
Retailer | - | - | - | - | |
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Accommodation and Food Services | - | - | - | - | |
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Administrative and Support Services | - | - | - | - | |
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Arts, Entertainment, and Recreation | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,273,050 |
Property Taxes
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Delmonico Square | 6660 Delmonico Dr
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