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1824 Democracy Pt 12,992 SF 100% Leased Retail Building Colorado Springs, CO 80908 $12,619,117 CAD ($971.30 CAD/SF) 5.85% Cap Rate

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EXECUTIVE SUMMARY

100% Occupied Multi-Tenant NNN Investment | Irreplaceable, Generational Real Estate Within One of the Nation’s Fastest-Growing Commercial Corridors

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
12,992 SF
Building Class
B
Year Built
2024
Price
$12,619,117 CAD
Price Per SF
$971.30 CAD
Cap Rate
5.85%
NOI
$737,921 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.99 AC
Zoning
PUD - Planned Development

AMENITIES

  • Dedicated Turn Lane

NEARBY MAJOR RETAILERS

IHOP
Teriyaki Madness
The Halal Guys
Fuzzy's Taco Shop
Mission BBQ
Noodles & Company
Torchy's Tacos
Chili's Grill & Bar
Freddy's Frozen Custard & Steakburgers
Bonchon

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
62204-02-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,763,581 CAD
  • Listing ID: 35678899

  • Date on Market: 2025-04-29

  • Last Updated:

  • Address: 1824 Democracy Pt, Colorado Springs, CO 80908

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