Walgreens Drug
For Sale
Contact for pricing
Pending
140 Paradise Cir, Woodland Park, CO 80863
Corporate-guaranteed occupancy under an absolute NNN lease with extended renewal options and no landlord responsibilities.
Property SizeContact for details
Days on Market142
Property Features for 140 Paradise Cir
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
29,800 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
John Redfield · License #CA 01928036
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 11:06AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This Walgreens drug store is offered with fee simple ownership of the land and building. The property is leased on an absolute NNN basis with a corporate guarantee from Walgreen Co., leaving no landlord responsibilities under the lease. More than 6-years remain, followed by 10 (5-year) extension options.
The store occupies the signalized intersection of Paradise Circle and US Highway-24 in Woodland Park, with multiple access points and substantial street frontage. US Highway-24 carries 29,800 VPD and serves as the area’s primary retail route. Nearby national retailers include Walmart Supercenter, Starbucks, McDonald’s, and Safeway, with a Safeway-anchored shopping center directly across the street. The property is the only Walgreens within a 10-mile radius. Trail Ridge at Woodland Park Apartments and Woodland Park High School are each less than 1-mile away, while downtown Colorado Springs is approximately a 30-minute drive.
The store occupies the signalized intersection of Paradise Circle and US Highway-24 in Woodland Park, with multiple access points and substantial street frontage. US Highway-24 carries 29,800 VPD and serves as the area’s primary retail route. Nearby national retailers include Walmart Supercenter, Starbucks, McDonald’s, and Safeway, with a Safeway-anchored shopping center directly across the street. The property is the only Walgreens within a 10-mile radius. Trail Ridge at Woodland Park Apartments and Woodland Park High School are each less than 1-mile away, while downtown Colorado Springs is approximately a 30-minute drive.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities
- More than 6‑years remaining plus 10 (5‑year) extension options
- Corporate guarantee from Walgreen Co.
Property Analytics
Property Profile
Current Use
Lease Details
29,800 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
55k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 60%
Apparel 19%
Shops & Services 11%
Electronics 4%
Safeway
Groceries
26,477 visits/mo
0.2 miles
Goodwill
Apparel
10,505 visits/mo
0.0 miles
Natural Grocers
Groceries
6,222 visits/mo
0.2 miles
The UPS Store
Shops & Services
3,494 visits/mo
0.2 miles
AutoZone
Shops & Services
2,576 visits/mo
0.3 miles
Demographics for 80863, CO
12,738
Population
5,734
Households
2.2
Avg Household Size
49
Median Age
42%
College-Educated
97%
High-School Grad
173.4 sq mi
ZIP Area
73
Density / Sq Mi
$100,011
Median Household Income
$49,333
Median Earnings
$1,960
Median Rent
$503,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Safeway Pharmacy — 1101 US-24, Woodland Park, CO 80863
- Michael Weiss — 1101 US-24, Woodland Park, CO 808632121
- Daniel Kociela — 1101 US-24, Woodland Park, CO 808632121
- Walgreens Pharmacy — 140 Paradise Cir, Woodland Park, CO 80863
- Janet G. Nelson, Pharm — 140 Paradise Cir, Woodland Park, CO 80863
Frequently Asked Questions
What type of property is this?
Drug store - Corporate-guaranteed occupancy under an absolute NNN lease with extended renewal options and no landlord responsibilities.
Where is this drug store located?
The property is located at 140 Paradise Cir Woodland Park, CO.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; More than 6‑years remaining plus 10 (5‑year) extension options; Corporate guarantee from Walgreen Co.
