1817-1873 Peterson Rd - Freestanding FOR SALE


Colorado Springs, CO 80915- Cimarron Hills
$2,600,000 USD
719-577-0044
1817-1873 Peterson Rd, Colorado Springs, CO for Sale
$2,600,000 USD
Freestanding - FOR SALE
1/11
null | 6.2% Cap Rate

1817-1873 Peterson Rd
Colorado Springs, CO 80915
Cimarron Hills


OVERVIEW

Fully leased investment opportunity in a well-established neighborhood retail center located in East Central Colorado Springs. This property consists of eight units ranging from approximately 900 SF to 2,400 SF, demonstrating stability with 100% occupancy and historically low tenant turnover. Positioned at the intersection of Peterson Road and Palmer Park Boulevard, the site benefits from strong traffic counts, visible frontage, and proximity to major retail anchors, residential zones, and Peterson Space Force Base. The offering presents a solid cash flow foundation supported by long-term tenants and structured annual rent increases. Recently upgraded parking enhances site appeal, while ample parking and convenient ingress/egress cater to both customers and employees. This investment yields attractive long-term upside with below-market rents poised for future growth. Located in a thriving corridor with surrounding national retailers and dense residential demographics, this retail asset secures value and continuity for investors seeking steady returns and sustained performance.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$197 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cimarron Hills Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

83

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

PBD

APN/PARCEL ID

54053-03-012

ASK ABOUT THIS PROPERTY

John OnstottNAI Highland Commercial Group, LLCMore Info
719-577-0044

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John OnstottNAI Highland Commercial Group, LLCMore Info
719-577-0044

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.