3010 N El Paso St Colorado Springs, CO 80907

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.