6735 N Carefree Cir - Retail FOR SALE


Colorado Springs, CO 80922- Springs Ranch
$6,000,000 USD
720-295-4353
6735 N Carefree Cir, Colorado Springs, CO for Sale
$6,000,000 USD
Retail - FOR SALE
1/7
null | 5.2% Cap Rate

6735 N Carefree Cir
Colorado Springs, CO 80922
Springs Ranch


HIGHLIGHTS

  • Absolute NNN – No landlord responsibilities
  • Over 6 years remain on the lease
  • 100% bonus depreciation – consult with your tax advisor
  • Successful operating history since 2013
  • Kum & Go store recently rebranded to Maverik
  • Located at a signalized intersection along Carefree Circle N (9,600 VPD)

OVERVIEW

Lee & Associates is pleased to exclusively market for sale a single tenant net leased Maverik c-store and fuel station located in Colorado Springs, Colorado. Previously operated as a Kum & Go since 2013, the property was recently rebranded to Maverik following the brand’s $2 billion acquisition in 2023. The lease runs through June 2033 and is absolute triple net, featuring no landlord responsibilities. The lease features 7.5% rental escalations every five years throughout the primary term and four 5-year renewal options. The next rental escalation is scheduled for July 2028. As a fuel station asset, the property may qualify for 100% bonus depreciation—buyers are encouraged to consult their tax advisors for details. The 4,973 square-foot building is located at a signalized intersection of Peterson Rd and Carefree Circle North and experiences more than 9,600 vehicles per day. The property is adjacent to Sand Creek High School, drawing continual traffic to the area. Neighboring retailers include Target, TJ Maxx, HomeGoods, JCPenney, Best Buy, Lowes, and more. More than 220,000 people live within a five-mile radius while earning a six-figure average household income ($100,000+).

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$1,207 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,252 SF

ZONING

PBC

APN/PARCEL ID

53304-19-001

ASK ABOUT THIS PROPERTY

Matthew NoraLee & Associates | DenverMore Info
720-295-4353

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

Matthew NoraLee & Associates | DenverMore Info
720-295-4353

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