Marketing Description:
CBRE National Retail Partners - Mountain is pleased to present the opportunity to acquire Carefree Plaza (the “Property”), a 50,356 square foot infill shopping center strategically located along Colorado Springs’ North Academy Boulevard trade area.? Carefree Plaza is comprised of two well-configured multi-tenant strip buildings and a mixed-use retail/office building and currently 84.23% occupied to a diversified tenant mix.?
The Property commands a prime position along North Academy Boulevard, one of Colorado Springs’ most heavily trafficked retail corridors, and benefits from a prominent hard-corner, signalized intersection at North Carefree Circle.? This advantageous location is enhanced by national retailers in the immediate trade area, including King Soopers, Walmart Neighborhood Market, Ross, Ace Hardware, Walgreens, and CVS Pharmacy.? These established brands generate significant synergy and drive substantial cross-over traffic to the Property and surrounding trade area.? Carefree Plaza enjoys unparalleled access and visibility, with North Academy Boulevard and North Carefree Circle experiencing combined traffic volumes exceeding 65,000 vehicles per day.?
Carefree Plaza is being offered free and clear and on an “as-is, where-is” basis.?