Big R
Big R - Corporate Lease | 7.4% CAP | 46,614 SF
Marketing description
As the Exclusive Agent for the seller, SVN Denver is proud to present this long-term single-tenant investment opportunity. The subject property is located in the popular Broadmoor Towne Center with 9 years +/- remaining on the lease with Big R, which operates 39 successful locations across CO, NM, KS, OK, and TX. Big R's initial rent/sf is below market, currently at $11/sf. National tenants adjacent to the property include Home Depot, Ross, PetSmart, Michael’s, Red Robin, Chipotle, Ulta, and Old Navy.
The subject Big R is located in the popular Broadmoor Town Center at the SWC of Nevada Ave (aka CO Hwy 115) & Lake Ave, averaging over 60,000 vehicles per day, just east of I25 in Southeast Colorado Springs. The Broadmoor Towne Center is the premier shopping destination near the legendary 5-star/5-diamond Broadmoor resort.
Investment highlights
- 9-Yrs Left on Corporate NN Lease with Two 5-Yr Renewal Options
- Recession-Proof Farm and Ranch Sporting Goods Retailer
- Newly Renovated in 2023 | Big R Corporate Guarantee
- Premier Broadmoor Towne Center Location | Surrounded by National Tenants
- Located Just South of Downtown Colorado Springs | 2 Miles from the Internationally Renowned Broadmoor Resort
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