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32662750
32662749

2446 E PLATTE AVE, COLORADO SPRINGS, CO 80909-6046

CB
CA 02073511
Transwestern
JB
CO CO FA100051342
Transwestern Real Estate services
Listed by Transwestern, Transwestern Real Estate services
$850,000
22 days on market
Updated 22 days ago

STNL Auto Repair Facility

Details
APN 6416103076
Property Type Retail
Sub Type Auto Shop
Square Footage 2,719
Units 1
Cap Rate 6.31%
NOI $53,642
Tenancy Single
Lease Type NNN
Lease Term 5.1
Lease Expiration 06/14/2031
Remaining Term 5
Rent Bumps Yes
Lease Options 1 x 5 yr
Year Built 1988
Stories 1
Acreage 0.440
Investment Type Net Lease
Lease Commencement 05/15/2026
Ground Lease No

Auto-Repair Facility | New 5 Yr Lease | Annual Increases

Marketing description

Transwestern is pleased to present the exclusive offering of 2446 E Platte Ave, a fee‑simple, net‑leased automotive service facility located in Colorado Springs, Colorado. The property is leased to EZ Brake & Service, an automotive repair operator, under a newly executed five‑year net lease with annual rent increases and a CPI‑based renewal option.

The offering provides investors with durable cash flow supported by a service‑oriented tenant in a dense, infill trade area with strong traffic counts and growing demographics. The asset is strategically positioned along East Platte Avenue, a major arterial serving over 35,000 vehicles per day, and benefits from proximity to a plethora of national retailers, UCHealth Memorial Hospital and the U.S. Olympic Training Center.

Investment highlights

EZ Brake & Service is a locally established auto repair operator providing essential services with recurring demand.

Situated on East Platte Avenue, a high‑traffic arterial with 35,000+ vehicles per day, supporting strong visibility and accessibility.

Over 286,000 residents within a 5 mile radius and average household incomes exceeding $88,000.

2,719 SF building on a 0.44‑acre lot featuring six service bays (three drive‑thru / three drive‑in) and two pits. Well suited for continued automotive use.

Located in one of Colorado’s fastest‑growing MSAs, supported by a diversified economy anchored by military, healthcare, aerospace, and technology employment drivers.

Listing Contacts

CB
CA 02073511
Transwestern
JB
CO CO FA100051342
Transwestern Real Estate services
Listed by Transwestern, Transwestern Real Estate services

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$53,642.00
$4,470.17/mo

Valuation Metrics

0
DSCR
6.31%
Cap Rate
6.31%
ROI

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Additional Information

Name
John Blackshire
License
CO FA100051342
Brokerage
Transwestern
Title
Vice President
Brokerage Address
5251 DTC Parkway
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