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Single-Tenant Bank with Drive-Through
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2550 Montebello Dr W, Colorado Springs, CO 80918

Single-tenant Chase Bank ground-leased through March 2031 with drive-through service at a signalized hard-corner location.

Property SizeContact for details
Days on Market122

Property Features for 2550 Montebello Dr W

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 48,000 vehicles/day

Building Details

Tenancy Single
Listing Agency: CBRE - Denver Downtown
Listed By: Matthew Henrichs · License #CO FA.100007009
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 5:03PM

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 CBRE - Denver Downtown

Investment Insights

Based on property information with market context.

The property is a single-tenant Chase Bank facility with a drive-through. The site is currently subject to a 20-year ground lease guaranteed by JPMorgan Chase through March 2031.

The property occupies a hard-corner position at the signalized intersection of North Academy Blvd and Montebello Drive West in the North Academy Boulevard trade area. The immediate retail environment includes national tenants such as Target, Safeway, Taco Bell, Dollar Tree, and Wendy’s, and the site provides drive-by exposure in a heavily trafficked area.

The offering includes prominent signage and ease of access as a drive-through bank location.

Key Highlights

  • Single‑tenant Chase Bank property on a 20‑year ground lease guaranteed by JPMorgan Chase (S&P A-) through March 2031
  • Drive‑through bank with prominent signage and drive‑by exposure to more than 48,000 vehicles per day
  • Signalized hard‑corner location at the intersection of North Academy Blvd & Montebello Drive West

Property Analytics

Current Use

Chase Bank Bank Chase ATM Atm Whataburger Restaurant Chase Mortgage Loan Service

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Restaurant Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

48,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,582
Businesses Nearby
218k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 44% Dining 20% Shops & Services 14% Groceries 12%
Target Superstores
95,088 visits/mo 0.2 miles
Safeway Groceries
27,075 visits/mo 0.4 miles
Dollar Tree Shops & Services
13,455 visits/mo 0.4 miles
Wendy's Dining
13,053 visits/mo 0.1 miles
Whataburger Dining
12,675 visits/mo 0.1 miles

Demographics for 80918, CO

47,453
Population
20,447
Households
2.3
Avg Household Size
37
Median Age
38%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
3,954
Density / Sq Mi
$82,743
Median Household Income
$42,596
Median Earnings
$1,572
Median Rent
$414,400
Median Home Value

Market

Vacancy Rate% for Retail in Colorado Springs, CO

5.9% 2020
5.5% 2021
5% 2022
6.3% 2023
6.4% 2024
6.2% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Single-tenant Chase Bank ground-leased through March 2031 with drive-through service at a signalized hard-corner location.
Where is this bank located?
The property is located at 2550 Montebello Dr W Colorado Springs, CO.
What are key features of this property?
This property features: Single‑tenant Chase Bank property on a 20‑year ground lease guaranteed by JPMorgan Chase (S&P A-) through March 2031; Drive‑through bank with prominent signage and drive‑by exposure to more than 48,000 vehicles per day; Signalized hard‑corner location at the intersection of North Academy Blvd & Montebello Drive West
More about this property
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