2749-2779 Janitell Rd - Freestanding FOR SALE


Colorado Springs, CO 80906- Pikes Peak Park
$10,900,000 USD
720-370-5000
2749-2779 Janitell Rd, Colorado Springs, CO for Sale
$10,900,000 USD
Freestanding - FOR SALE
1/12
null | 6.59% Cap Rate

2749-2779 Janitell Rd
Colorado Springs, CO 80906
Pikes Peak Park


HIGHLIGHTS

  • 100% Leased to five medical tenants and one restaurant tenant.
  • Additional 1.42 acres of undeveloped land provides additional upside.
  • Densifying trade area providing future opportunity to raise rents and develop additional included land.

OVERVIEW

Crossings at Fountain Creek, a 32,275 square foot retail property, is 100% leased to five medical tenants and one restaurant tenant. The property is located approximately one-quarter of a mile east of Interstate 25 along the highly visible Circle Drive corridor in Colorado Springs. The listing also includes an immediately adjacent 1.42-acre undeveloped land parcel providing future value to an investor.

FOR SALE DETAILS

PRICE

$10,900,000 USD

PRICE/SF

$338 USD /SF

CAP RATE

6.59%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crossing at Fountain Creek

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

136

LAND DETAILS

LAND ACRES

1.96 AC

LAND SF

85,378 SF

ZONING

MX-M

APN/PARCEL ID

64332-03-012

ASK ABOUT THIS PROPERTY

Jonathan SchneiderSognare Partners, LLCMore Info
720-370-5000

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Jonathan SchneiderSognare Partners, LLCMore Info
720-370-5000

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