Freestanding Auto Parts Retail
For Sale
Contact for pricing
5826 Tutt Blvd, Colorado Springs, CO 80923
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 Market55
Property Features for 5826 Tutt Blvd
General Information
Standard status
Active
Size
5,857 SF
Lot size
0.99 Acres
Property subtype
Retail
Building Details
Year Built
2005
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #701472
Source:
Crexi
Added: Jun 11
Changed: Jul 10
Last Checked: Aug 4 at 10:59AM
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
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.4k | $18.00 |
| − Vacancy | −$4.7k | −$0.81 |
| EGI | $100.7k | $17.19 |
| − OpEx | −$30.2k | −$5.16 |
| NOI | $70.5k | $12.03 |
5,857 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
244k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 80%
Shops & Services 18%
Electronics 2%
Beauty & Spa 1%
Chick-fil-A
Dining
51,357 visits/mo
0.4 miles
Dutch Bros. Coffee
Dining
32,309 visits/mo
0.5 miles
Starbucks
Dining
19,076 visits/mo
0.4 miles
Taco Bell
Dining
18,833 visits/mo
0.5 miles
Circle K
Shops & Services
14,583 visits/mo
0.4 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
Market
Vacancy Rate% for Retail in Colorado Springs, CO
Questions? Ask Rey
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Similar Off Market Nearby
- Colorado Springs Small Engine Repair — 5059 Blackcloud Loop, Colorado Springs, CO 80922
- Firestone Complete Auto Care — 5916 Stetson Hills Blvd, Colorado Springs, CO 80923
- Midas — 5845 Stetson Hills Blvd, Colorado Springs, CO 80923
- Jiffy Lube — 5838 Tutt Blvd, Colorado Springs, CO 80922
- BW Miller Enterprises, Inc. Mobile Auto Restoration — 6050 Stetson Hills 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
