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3634-3642 Jeannine Dr Colorado Springs, CO 80917

For Sale
$1,215,000

Small strip center near Academy & Austin Bluffs. Below market rents.

Property size:
8,100 SF
Lot size:
0.57 Acres

Property Features for 3634-3642 Jeannine Dr

General Information

Size
8,100 SF
Lot size
0.57 Acres

Source: Hoff & Leigh Agent Tim Leigh

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Strip Center For Sale

The Jeannine Center is a small strip center located near Academy & Austin Bluffs. The building has 8,100 square feet of space and sits on a 25,000 square foot lot zoned C5 CR. There are five rental units, all with below-market rents and short-term leases. Each unit features a retail-style front area and a rear overhead door. The tenants are a mix of small, independently owned businesses with a history of consistent rent payments. The roof is new, and four of the five RTUs have recently been replaced. No other capital improvements are anticipated. The property is suitable for retail purposes.
Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Colorado Springs
County
El Paso
State
Colorado
Longitude
-104.7594532
Latitude
38.8859985

FAQs

What type of property is this?
Strip mall - Small strip center near Academy & Austin Bluffs. Below market rents.
Where is this strip mall located?
The property is located at 3634-3642 Jeannine Dr Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,215,000.
What are key features of this property?
This property features: - New roof and recently replaced RTUs (4 of 5), minimizing near-term capital expenditures.; - Consistent rent payment history from established 'mom & pop' tenants.; - Located near Academy & Austin Bluffs, a potentially desirable location.
More about this property
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