Colorado Springs Portfolio of properties for Sale - Southeast
Discover this exceptional investment opportunity offering stable long-term income through a corporate-backed lease with Blue Compass RV, the second-largest RV dealership in the U.S. with more than 100 dealership locations. Strategically located at 3204-3208 East Platte Avenue in Colorado Springs, the Property spans 45,828 square feet across four buildings: a 29,450-square-foot RV sales center, a 12,720-square-foot service garage, a 2,823-square-foot service garage, and an 835-square-foot sales office. The property consists of 5.6 acres in total with a building to land coverage ratio of 18.8%, which allows for industrial outdoor storage. Designed originally for large-scale dealership operations, the site features loading capabilities, clear heights (excluding the small sales building) ranging from 16 to 19 feet, extensive vehicle display and storage areas, and zoning that permits outdoor storage. This combination of industrial, retail, service, parts, and storage infrastructure creates a highly functional facility that directly supports the tenant's business model and long-term occupancy requirements as evident by a newly executed lease extension through November 2031.
The listed price of $8,290,000 or $181 per square foot is substantially below replacement cost. The pricing on a land basis is $34 per square foot, which is below market land value. Thus, the property can be acquired below replacement cost and land value.
Situated on a highly visible hard corner along E. Platte Avenue, the dealership is exposed to more than 42,000 vehicles daily and offers convenient access throughout Colorado Springs. The location consistently ranks among Blue Compass RV's top-performing dealerships nationally, placing it between 10-15% of the highest-performing locations out of more than 100 branches. The surrounding market spends more than $2 billion annually on transportation and maintenance expenditures, supporting ongoing demand for RV sales, service, parts, and related automotive uses. Recent capital investments exceeding $780,000 further enhance the asset's long-term value and operational functionality, making it an attractive turnkey investment or 1031 exchange opportunity.
Located within an Opportunity Zone in the rapidly expanding South-Central Colorado Springs submarket, the property benefits from strong demographic fundamentals and a highly affluent consumer base with average household incomes exceeding $107,000. As Colorado Springs continues to attract residents, businesses, and outdoor recreation enthusiasts, this high-profile investment presents a rare opportunity to acquire a mission-critical dealership asset with exceptional visibility, a strong corporate guarantee, long-term lease stability, and significant upside in one of Colorado's most desirable growth markets. The combination of a nationally recognized tenant, prime location, recent lease extension, substantial capital improvements, and Opportunity Zone positioning makes this a compelling acquisition for investors seeking long-term wealth preservation, passive income, and appreciation potential.
