3010 N El Paso St Colorado Springs, CO 80907
NNN leased Maverik gas station with over 7 years remaining.
Property size:
5,328 SFLot size:
1.22 AcresProperty Features for 3010 N El Paso St
General Information
- Size
- 5,328 SF
- Lot size
- 1.22 Acres
Source:
Moodyscre
Listing Agent: John Feeney
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Maverik Gas Station Investment Opportunity
This property is a NNN leased investment opportunity with over 7 years remaining on the lease. The property has had a successful operating history since 2013. Originally a Kum & Go store, it was recently rebranded to Maverik. Maverik is a convenience store chain with 800 locations in 20 states. Maverik acquired Kum & Go in 2023 for $2 billion. The lease includes 7.5% rental escalations every five years, with the next escalation scheduled for July 2028. The property benefits from its location at a signalized intersection along East Fillmore Street, which sees 36,000 vehicles per day. It is also in proximity to Interstate 25, with 149,000 vehicles per day, and North Nevada Avenue, with 31,000 vehicles per day. Over 256,000 people live within a five-mile radius, with an average household income exceeding $100,000. The property is located minutes from CommonSpirit – Penrose Hospital (364 beds) and Colorado Springs Country Club. Neighboring retailers include VASA Fitness, McDonald’s, Whataburger, Walgreens, AutoZone, O’Reilly Auto Parts, Buffalo Wild Wings, and Express Car Wash. The property offers 100% bonus depreciation. The lease is absolute NNN, with no landlord responsibilities.
Location Intelligence
Current Use by Public Records
Car-Care 2000 Inc
Auto Repair Shop
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.813167
- Latitude
- 38.875408
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FAQs
What type of property is this?
Gas station - NNN leased Maverik gas station with over 7 years remaining.
Where is this gas station located?
The property is located at 3010 N El Paso St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $5,353,255.
What are key features of this property?
This property features: - Absolute NNN Lease: Enjoy hassle-free ownership with zero landlord responsibilities.; - Strong Tenant: Leased to Maverik, a leading convenience store chain, ensuring reliable income.; - Favorable Lease Terms: Benefit from over 7 years remaining on the lease, featuring 7.5% rental escalations every five years.