Retail Condos Investment
3725 Austin Bluffs Pkwy, Colorado Springs, CO
For Sale
Contact for pricing
NNN investment property with steady cash-flow and low maintenance.
Property Size6,000 SF
Lot Size0.19 Acres
Price / SF$375.33
Days on Market1621
Property Features for 3725 Austin Bluffs Pkwy
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Listing Agency:
Hoff & Leigh
(720) 572-5187
Listed By:
Brandon Langiewicz · License CO FA100067372
(715) 512-0265
Source:
Moodyscre
Added: Jun 3, 2022
Changed: Oct 26
Last Checked: Nov 8 at 7:34AM
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 Hoff & Leigh
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property at 3725 Austin Bluffs Pkwy in Colorado Springs comprises three retail condos, two of which are available for sale. The building is well maintained. The property offers high visibility from Austin Bluffs and Academy, a busy intersection in Colorado Springs. The tenants have been in place for over 5 years.
Key Highlights
- NNN investment property offering steady cash‑flow
- High visibility location at the busy Austin Bluffs and Academy intersection
- Strong tenant financials
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,198
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,443,960
$1.4M
Cap Rate 7%
$1,031,400
$1.0M
Cap Rate 9%
$802,200
$802.2K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$108.0K $18.00/SF
− Vacancy
−$4.9K −$0.81/SF
EGI
$103.1K $17.19/SF
− OpEx
−$30.9K −$5.16/SF
NOI
$72.2K $12.03/SF
Area
Colorado Springs, CO
Vacancy
4.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,443,960
Cap Rate 7%
$1,031,400
Cap Rate 9%
$802,200
Alternative Uses
Best Use
Retail
$1.03M
$902.5K – $1.20M
NOI $72,198 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.18M
$1.04M – $1.38M
NOI $82,944 @ 7.0% cap · market cap 3.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,401
Businesses Nearby
363k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 28%
Groceries 17%
Apparel 10%
King Soopers
Groceries
60,695 visits/mo
0.2 miles
Dutch Bros. Coffee
Dining
30,186 visits/mo
0.4 miles
Murphy USA
Shops & Services
20,325 visits/mo
0.3 miles
Ross Dress for Less
Apparel
17,676 visits/mo
0.2 miles
Goodwill
Apparel
17,160 visits/mo
0.3 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Retail space in Colorado Springs
Vacancy Rate% for Retail in Colorado Springs, CO
Frequently Asked Questions
What type of property is this?
Retail space - NNN investment property with steady cash-flow and low maintenance.
Where is this retail space located?
The property is located at 3725 Austin Bluffs Pkwy Colorado Springs, CO.
What is the asking price?
The asking price for this property is $2,252,000.
What are key features of this property?
This property features: NNN investment property offering steady cash‑flow; High visibility location at the busy Austin Bluffs and Academy intersection; Strong tenant financials
