1368 Republic Dr - Auto Repair FOR SALE
Colorado Springs, CO 80921 |
1368 Republic Dr
Colorado Springs, CO 80921
HIGHLIGHTS
- Absolute NNN lease with no Landlord responsibilities
- Corporate-signed lease by Christian Brothers Automotive Corp
- 1.5% annual rent increases commencing September 2026, equating to a blended 6.41% cap rate over the remaining initial lease term at List Price
- Healthy Rent: the subject property has a significantly lower rent than many newer CBA properties on the market
- Situated within InterQuest Commons: a newly developed destination including retail, hospitality & offices with convenient access to Interstate 25
- Adjacent to Victory Ridge: a 153-acre master planned mixed-used development that features 1.6M SF of retail, restaurant, including In-N-Out, offices
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Christian Brothers Automotive
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
5227
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
36
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
62200-02-017
