7351 Central Rail Pt - Freestanding FOR SALE


Colorado Springs, CO 80915- Cimarron Hills
$3,116,000 USD
858-603-8436
7351 Central Rail Pt, Colorado Springs, CO for Sale
$3,116,000 USD
Freestanding - FOR SALE
1/8
null | 5% Cap Rate

7351 Central Rail Pt
Colorado Springs, CO 80915
Cimarron Hills


HIGHLIGHTS

  • Peterson Space Force Base | Multi-Billion Dollar Economic Engine |$837M Annual Payroll | 16,676 Jobs Supported
  • Adjacent to One of Colorado’s Largest Employment Hubs | Strategic Military Installation | $2.62 Billion Annual Economic Impact
  • Crossroads Development | Positioned for Future Growth

OVERVIEW

SRS National Net Lease is pleased to present the opportunity to acquire the fee simple interest (land and building ownership) in a newly constructed Chipotle Mexican Grill investment property located in Colorado Springs, Colorado. The subject property is leased to Chipotle Mexican Grill, Inc. under a brand-new 15-year lease featuring four (5-year) options to extend, demonstrating the tenant’s long-term commitment to the site. The lease features attractive 10% rental increases every five years throughout the initial term and at the beginning of each option period, steadily growing NOI and providing a hedge against inflation. The property is leased on a NNN basis, with tenant responsibility for taxes, insurance, CAM reimbursements, utilities, and interior maintenance, while landlord responsibilities limited to roof, structure, foundation, and parking lot capital items. The corporate lease structure, long lease term, and limited management responsibilities make the asset an attractive passive investment opportunity.

FOR SALE DETAILS

PRICE

$3,116,000 USD

PRICE/SF

$1,340 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle | New 15yr Corp NNN w/ Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

CR

APN/PARCEL ID

54083-05-008

ASK ABOUT THIS PROPERTY

Ryan TomkinsSRS Real Estate PartnersMore Info
858-603-8436

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Ryan TomkinsSRS Real Estate PartnersMore Info
858-603-8436

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