NNN Drive-Through
For Sale
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1762 Briargate Boulevard, Colorado Springs, CO 80902
A LEED-certified Starbucks facility occupies a signalized retail-corridor corner near major shopping anchors.
Property Size380 SF
Days on Market145
Property Features for 1762 Briargate Boulevard
General Information
Standard status
Active
Size
380 SF
Property subtype
Retail
Additional Details
Drive-Thru
Yes
Listing Agency:
SAB Capital
Listed By:
Preet Sabharwal · License #NY 10401215775
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 1:42AM
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 SAB Capital
Investment Insights
Based on property information with market context.
This 380-square-foot Starbucks reclamation drive-through is configured as a compact, single-purpose commercial facility and carries LEED certification. The property is subject to a triple-net ground lease, with lease growth scheduled at 8 percent every five years during the base term. The first five-year renewal option provides a 10 percent increase, followed by an 8 percent increase in the second five-year option. The lease includes a corporate guaranty from Starbucks Corporation.
The site is positioned at the signalized intersection of Briargate Boulevard and the southeast entrance to Chapel Hill Mall in Colorado Springs. The 1.4 million-square-foot shopping center is anchored by Sears, Dillard’s, Macy’s, Dick’s Sporting Goods, and AMC Colorado Springs 13. More than 3.5 million square feet of retail space is located within one mile, and the five-mile area includes over 180,000 residents with average household income above $90,000.
The site is positioned at the signalized intersection of Briargate Boulevard and the southeast entrance to Chapel Hill Mall in Colorado Springs. The 1.4 million-square-foot shopping center is anchored by Sears, Dillard’s, Macy’s, Dick’s Sporting Goods, and AMC Colorado Springs 13. More than 3.5 million square feet of retail space is located within one mile, and the five-mile area includes over 180,000 residents with average household income above $90,000.
Key Highlights
- 380‑square‑foot Starbucks reclamation drive‑through
- Triple‑net ground lease with Starbucks Corporation corporate guaranty
- 8 percent rent increases every five years during the base term
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,294
Businesses Nearby
776k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 29%
Apparel 21%
Shops & Services 20%
Superstores 20%
Walmart
Superstores
152,649 visits/mo
0.3 miles
Chick-fil-A
Dining
47,973 visits/mo
0.4 miles
Macy's
Apparel
47,837 visits/mo
0.1 miles
Whole Foods Market
Groceries
39,989 visits/mo
0.3 miles
Dillard's
Apparel
37,985 visits/mo
0.3 miles
Demographics for 80902, CO
10,926
Population
3,730
Households
2.9
Avg Household Size
21
Median Age
30%
College-Educated
99%
High-School Grad
18.1 sq mi
ZIP Area
604
Density / Sq Mi
$65,255
Median Household Income
$42,891
Median Earnings
$2,052
Median Rent
Market
Vacancy Rate% for Retail in Colorado Springs, CO
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Frequently Asked Questions
What type of property is this?
NNN property - A LEED-certified Starbucks facility occupies a signalized retail-corridor corner near major shopping anchors.
Where is this nnn property located?
The property is located at 1762 Briargate Boulevard Colorado Springs, CO.
What are key features of this property?
This property features: 380‑square‑foot Starbucks reclamation drive‑through; Triple‑net ground lease with Starbucks Corporation corporate guaranty; 8 percent rent increases every five years during the base term
