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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% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fully leased asset with Total net rents of $498,853 as of November 1, 2025
  • Stable long-term tenant base with market upside
  • Annual rent escalations, driving NOI growth!
  • Well maintained property
  • Exterior facade remodel in 2018

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.

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%
NOI
$498,854
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
  • -
  • -
  • -
  • -

The American Family Enterprise is a family of companies dedicated to delivering unparalleled service and exceptional protection to their customers. Their mission is to make a meaningful difference in their communities, their environment, and for their people as proactive protectors of what matters most.

  • 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® is simply the better choice for freshly made, convenient, and affordable food. For a reason, they are one of the world’s largest restaurant brands, serving up a crave-able menu with better options to their millions of fans, every day. Whether it’s their bread baked fresh daily, new flavorful signature subs or their classic fan favorites made fresh to order, Subway® delivers a quality, delicious meal that people can feel good about. The Subway® story began in 1965 when Fred DeLuca asked his family friend, Dr. Peter Buck, a nuclear physicist, for advice on how to pay his college tuition. With an idea to open a submarine sandwich shop and an initial investment from Dr. Buck, the two formed a business partnership that would ultimately change the landscape of the quick-service restaurant industry.

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

The UPS Store, established in its current brand form in 2003 and rooted in Mail Boxes Etc. (founded 1980), is the largest franchisor of retail shipping, printing, mailbox, and business-service centers in North America. As a wholly-owned subsidiary of UPS, it operates over 5,800 independently owned locations across the U.S. and Canada. The brand is a consistent top-ranked franchise, earning multiple accolades—such as #6 overall and #1 in postal & business services in Entrepreneur’s 2025 Franchise 500. Franchisees operate locally-owned centers offering packing, shipping (via UPS and other carriers), mailbox rentals, digital printing, notary, and document services. Private entrepreneurs drive its growth through both traditional storefronts and non-traditional venues like airports or college campuses.

  • 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 - - - -
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

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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