3502 Hartsel Dr - Storefront FOR SALE


Colorado Springs, CO 80920- Columbine Estates
$4,753,000 USD
949-547-2213
3502 Hartsel Dr, Colorado Springs, CO for Sale
$4,753,000 USD
Storefront - FOR SALE
1/9
null | 5.75% Cap Rate

3502 Hartsel Dr
Colorado Springs, CO 80920
Columbine Estates


HIGHLIGHTS

  • E-Commerce Resistant Tenant Line Up | Options To Extend | Rent Increases
  • Net Leases | Fee Simple Ownership | Minimal Expense Leakage
  • Out Parcel to King Soopers-anchored Center | Active Retail Corridor
  • Strong Demographics In 3-Mile Trade Area | Residential Concentration

OVERVIEW

SRS Capital Markets is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 10,000 SF 3-tenant retail strip center, The Shops at Woodmen Plaza, located in Colorado Springs, Colorado. The property is 100% occupied by an e-commerce resistant food and beverage-oriented tenant lineup consisting of Mama Poke, Little Caesars, and Woodmen Wine & Liquor. The lease profile provides attractive embedded growth, with scheduled rent increases for Mama Poke and Little Caesars, while Mama Poke and Woodmen Wine & Liquor each have renewal options at fixed rent increases, further supporting the long-term durability of the income stream. The asset features net leases, with tenants reimbursing CAM, taxes, insurance, and their share of management costs, creating a low-management investment opportunity.

FOR SALE DETAILS

PRICE

$4,753,000 USD

PRICE/SF

$475 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shops at Woodmen Plaza | 3-Tenant Strip

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

CROSS STREETS

Lexington

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

MX-L

APN/PARCEL ID

63101-11-028

ASK ABOUT THIS PROPERTY

John RedfieldSRS Real Estate PartnersMore Info
949-547-2213

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John RedfieldSRS Real Estate PartnersMore Info
949-547-2213

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