Creed Spillane
Listed by Creed Spillane
$6,300,000
Victory Ridge Building B
Details
Property Type Retail
Sub Type Storefront
Square Footage 14,926
Net Rentable (SqFt) 14,926
Units 5
Cap Rate 6.32%
NOI $397,952
Occupancy 50%
Tenancy Multi
Lease Type NNN
Lease Expiration 11/30/2028
Remaining Term 2.4
Pro-Forma Cap Rate 6.32%
Pro-Forma NOI $397,952
Price per SqFt $422
Broker Co-Op Yes
Class A
Year Built 2008
Year Renovated 2022
Buildings 1
Stories 2
Lot Size (SqFt) 11,883
Zoning PUD
Lease Commencement 01/01/2022
Occupancy Date 01/04/2022
50% leased by 4 tenants, NNN, this property has an NOI of $397,952!
Marketing description
The offering consists of a two-story retail building located in the high-demand corner of Victory Ridge Colorado, just off of I-25 & Interquest Pkwy. The property is 50% leased by four tenants: Salon Kreed, Beauty&Co., Hippie Soul (yoga), Snazzy Snout (grooming), leaving the second floor available for an additional tenant or an owner-occupant. Construction was completed January 2022 and all four of the First Level tenants have taken occupancy. Each tenant has signed either a 5-year or 7-year lease.
Surrounding businesses include In-n-Out Burger, Slim Chickens, Panda Express, Purple Toad Tap & Grill, Hyatt Place, Cambria Hotels, and ICON Cinema, with more being announced.
Listing Contacts
Creed Spillane
Listed by Creed Spillane
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$397,952.00
$33,162.67/mo
Valuation Metrics
0
DSCR
6.32%
Cap Rate
6.32%
ROI
Map
Zoning
PDZ PlannedPlanned Development Zone District
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View all 157 uses
View all 157 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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