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27384312
27384318

6660 Delmonico Dr, Colorado Springs, CO 80919

AD
CO FA.040034163
Olive Real Estate Group
Listed by Olive Real Estate Group
$7,126,485
240 days on market
Updated 76 days ago

Delmonico Square

Details
APN 7312412244, 7312412245, 7312412018
Property Type Retail
Sub Type Gas Station, Restaurant (+1)
Square Footage 23,662
Units 15
Cap Rate 7.00%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Price per SqFt $301
Year Built 1983
Year Renovated 2018
Buildings 1
Stories 1
Acreage 2.130
Zoning MX-M HS
Investment Type Stabilized

Fully Leased Investment Retail Shopping Center For Sale

Marketing description

Delmonico Square is a multi-tenant 23,662 SF retail center situated on 3 lots consisting of 2.13 acres. Located at the signalized intersection of Delmonico Dr and Rockrimmon Blvd, Delmonico Square is a well-positioned neighborhood retail center surrounded by mature, high-income residential communities. The property benefits from steady daily traffic, easy access to I-25, and excellent visibility—making it a convenient destination for local residents.

The center is anchored by a mix of established service-based and retail tenants that cater to the daily needs of the surrounding population, contributing to low vacancy and consistent cash flow. With limited new retail development in the area and rising barriers to entry, this property presents a rare opportunity to acquire a stable, income-producing asset in a supply-constrained submarket.

Fully leased asset with Total net rents of $502,751 as of March 1, 2026

Well maintained property

Stable long-term tenant base with market upside

Exterior facade remodel in 2018

Annual rent escalations, driving NOI growth!

Listing Contacts

AD
CO FA.040034163
Olive Real Estate Group
Listed by Olive Real Estate Group

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