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3806-3820 E Pikes Peak Ave 16,184 SF 100% Leased Retail Building Colorado Springs, CO 80909 $2,688,075 CAD ($166.09 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy day time traffic
- Surrounded by retail businesses and densely populated
- All Units are Rented
EXECUTIVE SUMMARY
Great C5 property located on the corner of Pikes Peak and Academy Blvd. Building in great shape, with tire store and
offices and is fully rented. If you're looking for an opportunity to cash flow a property with a great location this is it! This
high traffic location sees over 80,000 vehicles per day and is surrounded by retail businesses and densely populated
neighborhoods. All units are leases, have leases with great tenants.
offices and is fully rented. If you're looking for an opportunity to cash flow a property with a great location this is it! This
high traffic location sees over 80,000 vehicles per day and is surrounded by retail businesses and densely populated
neighborhoods. All units are leases, have leases with great tenants.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,184 SF
Building Class
C
Year Built
1974
Price
$2,688,075 CAD
Price Per SF
$166.09 CAD
Cap Rate
6%
NOI
$161,284 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.54
Lot Size
0.69 AC
Zoning
C5 AO
Parking
30 Spaces (1.85 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Air Conditioning
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 64143-01-025 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $812,991 CAD |
PROPERTY TAXES
Parcel Number
64143-01-025
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$812,991 CAD
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3806-3820 E Pikes Peak Ave
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