Freestanding Auto Parts Retail
5826 Tutt Blvd, Colorado Springs, CO 80923
For Sale
Contact for pricing
Freestanding auto parts building on a large lot with a net-lease structure and more than four years remaining.
Property Size5,857 SF
Lot Size0.99 Acres
Price / SF$283.28
Days on Market149
Property Features for 5826 Tutt Blvd
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Lease Type
Investment Type
Net Operating Income
Site & Location
Neighborhood
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Bang Realty
Listed By:
Brian Brockman · License #BRK.200900214
(859) 581-1113
Source:
Crexi
Added: Jun 11
Changed: Nov 5
Last Checked: Nov 6 at 8:24AM
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 Bang Realty
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Investment Insights
Based on property information with market context.
This offering includes a freestanding Advance Auto Parts building constructed in 2005. The property totals 5,857 square feet and is situated on a 10.99-acre lot, providing room for operations on-site. The sale includes a net lease with more than four years remaining.
The property is located at 5826 Tutt Blvd in Colorado Springs, Colorado. As a freestanding retail asset, it is designed to support an automotive parts business with dedicated site improvements and lot space for day-to-day use.
For buyers seeking a single-tenant, net-leased retail option with a remaining lease term of over four years, this building offers a straightforward structure centered on an auto parts tenant. Its freestanding format and larger lot size can be attractive for operators and investors looking for an automotive-oriented site configuration with ongoing leased occupancy.
The property is located at 5826 Tutt Blvd in Colorado Springs, Colorado. As a freestanding retail asset, it is designed to support an automotive parts business with dedicated site improvements and lot space for day-to-day use.
For buyers seeking a single-tenant, net-leased retail option with a remaining lease term of over four years, this building offers a straightforward structure centered on an auto parts tenant. Its freestanding format and larger lot size can be attractive for operators and investors looking for an automotive-oriented site configuration with ongoing leased occupancy.
Key Highlights
- Advance Auto Parts net‑lease offering with more than 4 years remaining on the NN lease
- Freestanding 15,857‑SF building built in 2005
- Located on a 10.99‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,477
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,409,540
$1.4M
Cap Rate 7%
$1,006,814
$1.0M
Cap Rate 9%
$783,078
$783.1K
Market Conditions
NOI Build-Up for 5,857 SF
Gross rent
$105.4K $18.00/SF
− Vacancy
−$4.7K −$0.81/SF
EGI
$100.7K $17.19/SF
− OpEx
−$30.2K −$5.16/SF
NOI
$70.5K $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%
$1,409,540
Cap Rate 7%
$1,006,814
Cap Rate 9%
$783,078
Alternative Uses
Best Use
Retail
$1.01M
$881.0K – $1.17M
NOI $70,477 @ 7.0% cap · market cap 4.25%
Second Best
Industrial
$759.3K
$664.4K – $885.8K
NOI $53,148 @ 7.0% cap · market cap 3.20%
Theoretical Best
Specialty Retail
$1.16M
$1.01M – $1.35M
NOI $80,967 @ 7.0% cap · market cap 4.88%
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
579
Businesses Nearby
237k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Groceries 27%
Shops & Services 16%
Home Improvements & Furnishings 4%
King Soopers
Groceries
64,483 visits/mo
0.2 miles
McDonald's
Dining
28,998 visits/mo
0.3 miles
King Soopers Fuel Center
Shops & Services
17,329 visits/mo
0.2 miles
Freddy's Frozen Custard & Steakburgers
Dining
12,495 visits/mo
0.3 miles
Wendy's
Dining
10,921 visits/mo
0.2 miles
Demographics for 80923, CO
31,849
Population
12,905
Households
2.5
Avg Household Size
35
Median Age
49%
College-Educated
96%
High-School Grad
7.0 sq mi
ZIP Area
4,550
Density / Sq Mi
$103,556
Median Household Income
$54,282
Median Earnings
$1,997
Median Rent
$448,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Auto shops in Colorado Springs
Vacancy Rate% for Retail in Colorado Springs, CO
Similar Off Market Nearby
- Colorado Springs Small Engine Repair — 5059 Blackcloud Loop, Colorado Springs, CO 80922
- Midas — 5845 Stetson Hills Blvd, Colorado Springs, CO 80923
- BW Miller Enterprises, Inc. Mobile Auto Restoration — 6050 Stetson Hills Blvd, Colorado Springs, CO 80922
- Firestone Complete Auto Care — 5916 Stetson Hills Blvd, Colorado Springs, CO 80923
- Jiffy Lube — 5838 Tutt Blvd, Colorado Springs, CO 80922
Frequently Asked Questions
What type of property is this?
Auto shop - Freestanding auto parts building on a large lot with a net-lease structure and more than four years remaining.
Where is this auto shop located?
The property is located at 5826 Tutt Blvd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,659,176.
What are key features of this property?
This property features: Advance Auto Parts net‑lease offering with more than 4 years remaining on the NN lease; Freestanding 15,857‑SF building built in 2005; Located on a 10.99‑acre lot
