The Mart
Turn-Key Wal-Mart Shadow Center | 100% Leased | Government Anchored
Marketing description
The Mart shopping center presents an exceptional opportunity to acquire a fully-stabilized, 100% occupied neighborhood retail center in the heart of one of Southern Colorado’s fastest-growing commercial corridors. Anchored by a diverse mix of established tenants, the property delivers immediate cash flow, long-term income stability, and a proven operating history within a mature retail trade area.
This is a true core investment opportunity. The center offers no lease-up risk, limited near-term rollover exposure, and minimal landlord responsibilities under its predominantly triple-net lease structure. Investors benefit from durable, passive income generated by a complementary tenant roster that has established deep roots within the surrounding community.
Strategically positioned along the primary commercial corridor serving Fountain and southern Colorado Springs, the property benefits from strong consumer demand driven by continued residential growth, expanding retail development, and the economic influence of Fort Carson, one of the largest military installations in the United States. The combination of steady population growth, strong traffic counts, and a stable employment base has made this corridor one of the region’s most sought-after retail locations.
With strong in-place cash flow, long-term tenancy, and favorable market fundamentals, the Shopping Center offers investors a rare combination of stability, income security, and future appreciation potential. This opportunity is ideally suited for private investors, family offices, and 1031 exchange buyers seeking a high-quality retail asset with predictable returns and limited management intensity.
Investment highlights
MILITARY MARKET — RECESSION-RESISTANT DEMAND
The property sits along the primary commercial corridor serving Fountain and the Fort Carson military community — one of the largest Army installations in the United States. This captive, stable consumer base supports consistent foot traffic and tenant demand regardless of broader economic conditions.
EXCEPTIONAL OCCUPANCY WITH A DIVERSE, PROVEN TENANT BASE
The property is 100% occupied across 10 active tenants representing a broad mix of uses — government, healthcare, fitness, dining, entertainment, and retail — reducing single-tenant risk and providing stable, diversified income.
CREDITWORTHY GOVERNMENT ANCHORS
Two federal and state government tenants — the US Armed Forces Recruiting Office and the Colorado Army National Guard — occupy a combined 6,280 SF and have maintained continuous occupancy since 2009 and 2015, respectively. Government tenants provide among the most secure income streams available in retail investment.
LONG-TERM TENANCY — BUILT-IN STABILITY
The tenant roster includes operators with decades of continuous occupancy at this location. Anytime Fitness has been in place since 2008, Just for Grins since 2007, and H&R Block since 2005. The weighted average lease term extends well into the late 2020s and early 2030s, with Area 51 Smoke & Vape committed through 2033, Luchals through 2034, and Woven Care through 2035.
NNN LEASE STRUCTURE — PASSIVE INCOME
Most leases are structured on a NNN basis, with tenants responsible for their pro rata share of operating expenses. This structure minimizes landlord exposure and provides a predictable, low-management income stream.
BUILT-IN RENT GROWTH
The majority of leases include annual rent escalations of 2–3%, providing contractual income growth and a natural hedge against inflation throughout the lease terms.
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