Listed by Marcus & Millichap - Denver
$3,175,000
Bank of America
Details
APN 6410401008
Property Type Retail
Sub Type Bank
Units 1
Cap Rate 4.72%
NOI $150,000
Occupancy 100%
Tenancy Single
Brand/Tenant Bank of America
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 4 x 5-Year
Broker Co-Op True
Year Built 2026
Stories 1
Acreage 1.220
Zoning MX-M
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/23/2026
Ground Lease Yes
Bank of America | New 15-Year ABS NNN Ground Lease | 2026 Construction
Investment highlights
- NEW 15-YEAR ABSOLUTE NNN GROUND LEASE | 2026 CONSTRUCTION
- OUTPARCEL TO THE CITADEL MALL, THE LARGEST MALL IN COLORADO SPRINGS (1M+ SF)
- POSITIONED ALONG A RETAIL HUB (37K+ VPD) | ACROSS THE STREET FROM A LOWES ANCHORED SHOPPING CENTER
- COLORADO SPRINGS HAS SEEN THE LARGEST POPULATION GROWTH IN COLORADO THE PAST YEAR AND CONTINUES TO GROW AT A STEADY RATE
Listing Contacts
Listed by Marcus & Millichap - Denver
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$150,000.00
$12,500.00/mo
Valuation Metrics
0
DSCR
4.72%
Cap Rate
4.72%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Title
Name
License
Is there information that looks off?
