Transwestern is pleased to present the exclusive offering of 2446 E Platte Ave, a fee-simple, net-leased automotive service facility located in Colorado Springs, Colorado. The property is leased to EZ Brake & Service, an automotive repair operator, under a newly executed five-year net lease with annual rent increases and a CPI-based renewal option.
The offering provides investors with durable cash flow supported by a service-oriented tenant in a dense, infill trade area with strong traffic counts and growing demographics. The asset is strategically positioned along East Platte Avenue, a major arterial serving over 35,000 vehicles per day, and benefits from proximity to a plethora of national retailers, UCHealth Memorial Hospital and the U.S. Olympic Training Center.