Stand-Alone Retail Building with NNN
For Sale
Contact for pricing
1004 S Tejon St, Colorado Springs, CO 80903
Stand-alone retail building leased to a marijuana dispensary, with an NNN lease through April 2027 at an 8% cap rate.
Days on Market245
Property Features for 1004 S Tejon St
General Information
Standard status
Active
Property subtype
RETAIL
Additional Details
Cap Rate
8%
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Trent Properties Group
(719) 650-9913
Listed By:
Amanda Miller Luciano · License #EA.1318522
(719) 650-9913
Source:
Moodyscre
Added: Nov 28, 2025
Changed: Jul 30
Last Checked: Jul 30 at 4:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trent Properties Group
Investment Insights
Based on property information with market context.
This stand-alone retail building in southern downtown Colorado Springs is currently leased to a marijuana dispensary. The tenant is pursuing its retail license, and the location has been assured to meet requirements for approval.
The property is offered with an NNN lease that runs through April 2027. The lease is associated with an 8% cap rate. The tenant has expressed interest in signing an extension, with continuing annual escalations through April 2030.
Address: 1004 S Tejon St, Colorado Springs, CO 80903.
The property is offered with an NNN lease that runs through April 2027. The lease is associated with an 8% cap rate. The tenant has expressed interest in signing an extension, with continuing annual escalations through April 2030.
Address: 1004 S Tejon St, Colorado Springs, CO 80903.
Key Highlights
- 1004 S Tejon St, Colorado Springs, CO 80903
- Stand‑alone retail building in southern downtown Colorado Springs
- Leased to a marijuana dispensary pursuing its retail license
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,429
Businesses Nearby
50k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 99%
Hotels & Casinos 1%
Maverik Adventures First Stop
Shops & Services
15,133 visits/mo
0.5 miles
Maverik Adventures First Stop
Shops & Services
7,809 visits/mo
0.2 miles
Toyota Of Colorado Springs
Shops & Services
7,445 visits/mo
0.5 miles
7-Eleven
Shops & Services
6,746 visits/mo
0.5 miles
Cycle Gear
Shops & Services
4,759 visits/mo
0.4 miles
Demographics for 80903, CO
15,944
Population
8,340
Households
1.9
Avg Household Size
34
Median Age
39%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$59,292
Median Household Income
$35,251
Median Earnings
$1,221
Median Rent
$420,000
Median Home Value
Market
Vacancy Rate% for Retail in Colorado Springs, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Stand-alone retail building leased to a marijuana dispensary, with an NNN lease through April 2027 at an 8% cap rate.
Where is this retail space located?
The property is located at 1004 S Tejon St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1004 S Tejon St, Colorado Springs, CO 80903; Stand‑alone retail building in southern downtown Colorado Springs; Leased to a marijuana dispensary pursuing its retail license
