Single-Tenant Auto
For Sale
Contact for pricing
Pending
5838 Tutt Blvd, Colorado Springs, CO 80923
Single-tenant automotive facility with an absolute triple-net lease and more than 15 years remaining.
Property SizeContact for details
Days on Market143
Property Features for 5838 Tutt Blvd
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
46,117 vehicles/day
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Northmarq - Tulsa
(918) 494-2690
Listed By:
Toby Scrivner · License #TX #452773
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 7:00AM
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 Northmarq - Tulsa
Investment Insights
Based on property information with market context.
This single-tenant Jiffy Lube automotive property is located at 5838 Tutt Blvd in Colorado Springs, Colorado. The asset is subject to an absolute triple-net lease with over 15 years remaining and contractual 10% increases every five years. Lease obligations are guaranteed by Griffin Fast Lube Denver, LLC, Griffin Fast Lube Colorado, LLC, and Griffin Enterprises, LLC.
The property sits near Powers Blvd, where combined traffic counts exceed 46,117 VPD. Adjacent residential housing supports the surrounding trade area, which also includes national retailers such as King Soopers, ACE Hardware, Advance Auto Parts, Sherwin-Williams, Wendy's, and Starbucks. Colorado Springs recorded an annual population growth rate of 2.09% from 2010-2019.
The property sits near Powers Blvd, where combined traffic counts exceed 46,117 VPD. Adjacent residential housing supports the surrounding trade area, which also includes national retailers such as King Soopers, ACE Hardware, Advance Auto Parts, Sherwin-Williams, Wendy's, and Starbucks. Colorado Springs recorded an annual population growth rate of 2.09% from 2010-2019.
Key Highlights
- Jiffy Lube single‑tenant automotive property at 5838 Tutt Blvd, Colorado Springs, CO 80923
- Absolute triple‑net lease with over 15 years remaining
- 10% lease increases every five years
Property Analytics
Property Profile
Current Use
Lease Details
46,117 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
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
Market
Vacancy Rate% for Retail in Colorado Springs, CO
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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 - Single-tenant automotive facility with an absolute triple-net lease and more than 15 years remaining.
Where is this auto shop located?
The property is located at 5838 Tutt Blvd Colorado Springs, CO.
What are key features of this property?
This property features: Jiffy Lube single‑tenant automotive property at 5838 Tutt Blvd, Colorado Springs, CO 80923; Absolute triple‑net lease with over 15 years remaining; 10% lease increases every five years
