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1650-1728 S Circle Dr
Colorado Springs, CO 80910
Retail Property For Sale
Executive Summary
Cushman & Wakefield, as exclusive advisor for the Seller, is pleased to present the opportunity to acquire Market at Spring Creek, a 107,434 square-foot value-add grocery-anchored retail center (the “Property”) located in Colorado Springs, CO. The Property features an efficient, straight inline layout with all storefronts facing South Circle Drive with the exception of the former Dollar Tree, which faces to the south. Two additional single-tenant pad buildings and 3.93 acres of development land are included in the offering. Please see OM for more information.
Property Facts
Sale Type
Investment
Property Type
Building Size
107,434 SF
Building Class
B
Year Built/Renovated
1988/2015
Price
$20,467,829 CAD
Price Per SF
$190.52 CAD
Cap Rate
4.89%
NOI
$1,000,420 CAD
Percent Leased
79%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
7 Exterior
Building FAR
0.17
Lot Size
14.65 AC
Zoning
MX-M
Parking
558 Spaces (5.19 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 64281-11-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $239,305 CAD |
Property Taxes
Parcel Number
64281-11-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$239,305 CAD
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