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Jiffy Lube Auto Shop
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3003 N Nevada Ave, Colorado Springs, CO 80907

Freestanding automotive service property with a lease extension and scheduled annual rent increases.

Property Size1,757 SF
Days on Market143

Property Features for 3003 N Nevada Ave

General Information

Standard status Active
Size 1,757 SF
Property subtype Retail
Listing Agency: Sands Investment Group
Listed By: Max Freedman · License #TX 644481
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 6:53PM

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 Sands Investment Group

Investment Insights

Based on property information with market context.

This 1,757-square-foot automotive service property is occupied by Jiffy Lube at 3003 N Nevada Avenue in Colorado Springs. The asset is configured for an established automotive-service use and is offered for sale with an existing operating tenant.

A lease extension was signed in 2022, providing continued tenancy along with 2% annual rent increases. The property combines an established service-business occupancy with a defined lease structure for ownership consideration.

Key Highlights

  • 1,757 SF automotive service property
  • Occupied by Jiffy Lube
  • Lease extension signed in 2022

Property Analytics

Current Use

Jiffy Lube Auto Repair Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Food Market Dental Office Nail Salon

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

Location Intelligence

Trade Area within ½ mile

1,303
Businesses Nearby
148k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 63% Shops & Services 33% Hotels & Casinos 3% Electronics 1%
Kum & Go Shops & Services
23,811 visits/mo 0.3 miles
McDonald's Dining
23,095 visits/mo 0.2 miles
Whataburger Dining
16,395 visits/mo 0.4 miles
Taco Bell Dining
11,154 visits/mo 0.2 miles
Starbucks Dining
9,786 visits/mo 0.4 miles

Demographics for 80907, CO

28,806
Population
13,250
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
93%
High-School Grad
9.8 sq mi
ZIP Area
2,939
Density / Sq Mi
$71,393
Median Household Income
$41,355
Median Earnings
$1,392
Median Rent
$371,200
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
Rey
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Similar Off Market Nearby

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  • Automotive Surgeons Ltd. 417 W Harrison St, Colorado Springs, CO 80907
  • Mr. Gearhead 2725 N Nevada Ave, Colorado Springs, CO 80907
  • A-1 Professional Window Tint 223 E Polk St Unit B, Colorado Springs, CO 80907

Frequently Asked Questions

What type of property is this?
Auto shop - Freestanding automotive service property with a lease extension and scheduled annual rent increases.
Where is this auto shop located?
The property is located at 3003 N Nevada Ave Colorado Springs, CO.
What are key features of this property?
This property features: 1,757 SF automotive service property; Occupied by Jiffy Lube; Lease extension signed in 2022
More about this property
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