Renovated NNN Investment
For Sale
Contact for pricing
Pending
424 W Kiowa St, Colorado Springs, CO 80905
Freestanding two-building commercial asset renovated in 2024 and configured for adult day care operations.
Property SizeContact for details
Lot Size0.07 Acres
Days on Market141
Property Features for 424 W Kiowa St
General Information
Standard status
Pending
Lot size
0.07 Acres
Property subtype
Special Purpose
Net Operating Income
$56,400
Financials
Asking Price
$752,900
Cap Rate
7.5%
Building Details
Year Built
1891
Year Renovated
2024
Buildings
2
Tenancy
Single
Listing Agency:
Hoff & Leigh Colorado Springs
(719) 630-2277
Listed By:
Holly Trinidad · License #CO ER.100022369
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 2:52PM
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 Colorado Springs
Investment Insights
Based on property information with market context.
This freestanding NNN investment property comprises two buildings measuring 1,794 RSF and 1,240 RSF. Originally built in 1891, the property was renovated in 2024 and underwent a change of use with the City of Colorado Springs. It is currently operated as an adult day care facility and is subject to a 5-year NNN lease.
The property is located at 424 W Kiowa St in the Westside area of Colorado Springs, less than 3 miles west of downtown Colorado Springs. The site includes a 3,034 SF lot and provides a commercial setting within an established part of the city.
The property is located at 424 W Kiowa St in the Westside area of Colorado Springs, less than 3 miles west of downtown Colorado Springs. The site includes a 3,034 SF lot and provides a commercial setting within an established part of the city.
Key Highlights
- 7.5% cap rate with a 5‑year NNN lease
- Two buildings measuring 1,794 RSF and 1,240 RSF
- Renovated in 2024 following a documented change of use with the City of Colorado Springs
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,911
Businesses Nearby
Explore this area
Business Placement
Demographics for 80905, CO
17,592
Population
8,933
Households
2
Avg Household Size
38
Median Age
39%
College-Educated
92%
High-School Grad
5.1 sq mi
ZIP Area
3,449
Density / Sq Mi
$64,496
Median Household Income
$40,876
Median Earnings
$1,449
Median Rent
$349,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding two-building commercial asset renovated in 2024 and configured for adult day care operations.
Where is this nnn property located?
The property is located at 424 W Kiowa St Colorado Springs, CO.
What are key features of this property?
This property features: 7.5% cap rate with a 5‑year NNN lease; Two buildings measuring 1,794 RSF and 1,240 RSF; Renovated in 2024 following a documented change of use with the City of Colorado Springs
