Listed by Hoff & Leigh, Hoff & Leigh Colorado Springs
$2,252,000
3729-3737 Austin Bluffs Parkway
Details
Property Type Retail
Sub Type Retail
Square Footage 6,000
Cap Rate 7.27%
NOI $163,812
Occupancy 50%
Tenancy Multi
Lease Type NNN
Price per SqFt $375
Zoning PBC
Ideal location for retail, office, or service-based users
Marketing description
3729 and 3737 Austin Bluffs is a unique NNN investment property new to the market in Colorado Springs! The site is comprised of three retail condos, two of which are available for sale. The building is very clean, and well maintained. The property has high visuality from Austin Bluffs and Academy, which is one of the busiest lighted intersections in Colorado Springs.
The tenants have strong financials and have been in place for over 5 years. This is a great investment that provides steady cash-flow and low maintenance.
Website: https://www.hoffleigh.com/listing/3729-3737-austin-bluffs-parkway/
Listing Contacts
Listed by Hoff & Leigh, Hoff & Leigh Colorado Springs
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$163,812.00
$13,651.00/mo
Valuation Metrics
0
DSCR
7.27%
Cap Rate
7.27%
ROI
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