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$ 4,000,000
Est. payment /mo
Active
6150 Corporate DR Colorado Springs, CO 80919
8,036 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,036 sqft
Price per Sqft $497
MLS Listing ID 3536140
HOA Y/N No
Year Built 1996
Annual Tax Amount $30,132
Tax Year 2024
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Retail
Source recolorado
Property Description
This freestanding 8,079 SF building presents a rare chance to acquire a stabilized, income-producing asset with a long-term tenant already in place. Occupied by a well-established bike shop that's been part of the Colorado Springs cycling community for over 25 years, the tenant (also a part-owner) is seeking a new long-term lease at closing—offering flexible options of 5+5+5 or 10+5 years. The current lease generates $20,000/month in triple-net income ($240,000 annually). That's $29.71/SF in annual rent, delivering immediate, reliable cash flow. The property has been meticulously maintained with recent upgrades: new HVAC, remodeled bathroom, zoning-compliant security fence, window shutters, a replaced side door, and a solid metal roof (2010). Concrete floors add durability. There's no deferred maintenance—offering a true turn-key asset. Located just off I-25 in a high-visibility corridor, the property also backs to the New Santa Fe Regional Trail alongside Monument Creek—aligning perfectly with the tenant's brand and boosting engagement and traffic. With strong community ties and vested interest in staying, this is a dependable, low-maintenance investment in a growing market.
Location
State CO
County El Paso
Zoning PBC SS HS
Interior
Fireplace N
Exterior
Parking Features Asphalt
Utilities Available Electricity Available, Internet Access (Wired), Phone Available
Roof Type Other
Total Parking Spaces 29
Garage No
Building
Lot Description Corner Lot, Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Engel & Volkers Denver