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Valvoline Absolute NNN Ground Lease

3350 Centennial Blvd, Colorado Springs, CO 80907

For Sale
New
Contact for pricing

The lease carries a corporate guarantee from QAS Holding, LLC, the franchisee’s parent company.

Property SizeContact for details
Days on Market7

Property Features for 3350 Centennial Blvd

General Information

Standard status Active
Property subtype Retail

Site & Location

Neighborhood Holland Park
Highway Access Yes
Road Access Yes

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type Absolute NNN
Real Estate Included Yes

Additional Details

Automotive Uses quick lube/oil change

Building Details

Tenancy Single
Listing Agency: CBRE - Phoenix
Listed By: Owen Littrell · License CO SA714185000
Source: Crexi
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 8 at 5:15PM

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 - Phoenix

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Investment Insights

Based on property information with market context.

At 3350 Centennial Blvd, the property is leased to Valvoline under a 15-year absolute NNN ground lease. QAS Holding, LLC, the franchisee’s corporate parent, guarantees the lease. The site has frontage on Centennial Blvd and visibility from the road.

The property is less than a mile from I-25, which records 151,000 VPD. Across the street, a master-planned development includes The View on Centennial, a 312-unit multifamily project, the 105-home Vistas at West Mesa townhome community, and several national retailers. Adjacent uses include Chase Bank, The Learning Experience, Liberty Dialysis, and a two-story self-storage facility with 850 climate-controlled units. A King Soopers-anchored shopping center is directly south, and Garden of the Gods is to the west.

More than 1,500 residential units have recently been delivered or started construction within a one-mile radius. The property is in Colorado Springs, Colorado.

Key Highlights

  • 15‑year absolute NNN ground lease guaranteed by QAS Holding, LLC
  • Frontage on Centennial Blvd; less than a mile from I‑25 (151,000 VPD)
  • More than 1,500 residential units delivered or under construction within a 1‑mile radius

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Law Firm Nail Salon Hair Salon HVAC Service Bakery Pharmacy

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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

448
Businesses Nearby
113k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 44% Groceries 44% Dining 7% Electronics 4%
King Soopers Groceries
49,716 visits/mo 0.1 miles
Circle K Shops & Services
16,779 visits/mo 0.2 miles
King Soopers Fuel Center Shops & Services
11,316 visits/mo 0.1 miles
Starbucks Dining
8,422 visits/mo 0.1 miles
Super Star Car Wash Shops & Services
8,138 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for NNN properties in Colorado Springs

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
NNN property - The lease carries a corporate guarantee from QAS Holding, LLC, the franchisee’s parent company.
Where is this nnn property located?
The property is located at 3350 Centennial Blvd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: 15‑year absolute NNN ground lease guaranteed by QAS Holding, LLC; Frontage on Centennial Blvd; less than a mile from I‑25 (151,000 VPD); More than 1,500 residential units delivered or under construction within a 1‑mile radius
(859) 640-9498 Call to check price and availability
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