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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

Delmonico Square is a multi-tenant 23,662 SF retail center situated on 3 lots consisting of 2.13 acres. Located at the signalized intersection of Delmonico Dr and Rockrimmon Blvd, Delmonico Square is a well-positioned neighborhood retail center surrounded by mature, high-income residential communities. The property benefits from steady daily traffic, easy access to I-25, and excellent visibility—making it a convenient destination for local residents.
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

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
23,662 SF
Building Class
B
Year Built
1983
Price
$7,126,485
Price Per SF
$301.18
Cap Rate
7.05%
NOI
$502,752
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
2.13 AC
Zoning
MX-M HS
Parking
126 Spaces (5.32 Spaces per 1,000 SF Leased)
Frontage
175’ on Delmonico Dr

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Finance and Insurance
  • -
  • -
  • -
  • -

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
  • -
  • -
  • -
  • -
  • Digital Spectra
  • Information
  • -
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -
  • -

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
  • -
  • -
  • -
  • Triple Net
  • -
  • Matt Fitzpatrick Insurance Agency, Inc.
  • Finance and Insurance
  • -
  • -
  • Triple Net
  • -
  • Retailer
  • -
  • -
  • -
  • -

“To provide qualified patients with a confidential, safe, and reliable source of natural medical products and support services.”

  • Accommodation and Food 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.

  • Administrative and Support Services
  • -
  • -
  • -
  • -

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.

  • Arts, Entertainment, and Recreation
  • -
  • -
  • -
  • -

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
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 - - - -
Accommodation and Food Services - - - -
Administrative and Support Services - - - -
Arts, Entertainment, and Recreation - - - -
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Nearby Major Retailers

D1 Sports Training
Anytime Fitness
Starbucks
Safeway
Outback Steakhouse
Old Chicago

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 73124-12-245
  • 73124-12-244
  • 73124-12-018
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,273,050
  • Listing ID: 37981433

  • Date on Market: 10/7/2025

  • Last Updated:

  • Address: 6660 Delmonico Dr, Colorado Springs, CO 80919

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