950 W Baptist Creek Rd - Freestanding FOR SALE


Monument, CO 80132
$3,125,000 USD
949-942-6585
950 W Baptist Creek Rd, Monument, CO for Sale
$3,125,000 USD
Freestanding - FOR SALE
1/4
null | 5.77% Cap Rate

950 W Baptist Creek Rd
Monument, CO 80132


OVERVIEW

100% Occupied 2-Tenant Pad; Low Rents | King Soopers Shadow-Anchored | Affluent Demographics; $211,900+ AHHI Two-Tenant NNN Retail Investment Shadow-Anchored by a King Soopers Grocery-Anchored Center (1 Million Annual Visits, Top 8% in Colorado within Grocer Category, Placer.ai): Corporate PDS Health: Recent expansion and lease extension in 2024, showing the tenants commitment to the location PDS Health would like to expand into the Noel Chiropractic space High-volume site (contact broker for more information) 3% annual increases (next increase August 2026) Two 5-year options with 3% annual increases PDS Health is one of the nation’s largest private dental companies with over 1,000 locations in 24 states, and plans to add more Noel Chiropractic: 5-year lease; 1 year remaining One 5-year option at 3% annual increases Low Rents for Newer Construction Grocery Store Outparcel: The PDS Health lease was signed in 2016 before increase in construction cost; low rent when compared to similar newer construction properties High-Traffic Location Surrounded by Major New Developments: Located just off the hard, signalized intersection of Baptist Road and Jackson Creek Parkway, with 25,800 CPD Within 1.5 miles of the future Forest Lakes development, a master-planned community spanning over 1,000 acres and planned for more than 500 homes, along with a 275-acre retail, office, and industrial business park Across the street from a future 40-acre residential development Just south of Legacy at Jackson Landing, a new retail center located along I-25 near Home Depot, anchored by a 129,000-square-foot national tenant Affluent, High-Growth Demographics: $211,918 AHHI within a 1-mile radius of the subject property Over 64% population growth from 2010 to 2025 within a 1-mile radius

FOR SALE DETAILS

PRICE

$3,125,000 USD

PRICE/SF

$626 USD /SF

CAP RATE

5.77%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Monument Retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

PCD

APN/PARCEL ID

71253-01-035

ASK ABOUT THIS PROPERTY

Scott ReidParaSell, Inc.More Info
949-942-6585

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Scott ReidParaSell, Inc.More Info
949-942-6585

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