Freestanding Outback Steakhouse
7065 Commerce Center Drive Colorado Springs, CO 80919
7065 Commerce Center Drive, Colorado Springs, CO, 80919
$3,396,000
For Sale
$3,396,000
Fee-simple investment featuring an absolute NNN lease with long remaining term and scheduled 2% annual increases.
Days on Market49
Property Features for 7065 Commerce Center Drive
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 1994
Properties For Sale
at 7065 Commerce Center Drive Contact us
Listing Agency
SRS Industrial - Newport Beach
(480) 221-4221
Listed by
Patrick Luther · License #CA 01732226
(480) 221-4221
Source
Srsre
Added: Jun 1 Checked: Jul 19 at 6:25 am
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Investment Insights
Based on property information with market context.
SRS National Net Lease offers a fee simple acquisition opportunity in a freestanding Outback Steakhouse property configured for a conventional full-service restaurant. The asset is leased on an absolute NNN basis, with zero landlord responsibilities, creating a management-lean investment profile. The current tenant has more than 18 years remaining on the initial lease and includes three (5-year) extension options, supporting long-term occupancy continuity. The lease also provides rare 2% annual rental increases throughout the initial term, aimed at steadily growing NOI and helping hedge against inflation.
The property is located at 7065 Commerce Center Drive in Colorado Springs, Colorado. The offering is structured as an absolute NNN lease, which is typically attractive to investors seeking predictable cash flow without day-to-day property management obligations.
From an investor and operator-fit standpoint, this is a straightforward single-tenant, net-lease restaurant opportunity aligned with passive ownership preferences. The lease is franchisee guaranteed by Cerca Trova, an experienced Outback Steakhouse Franchisee operator with more than 100 locations across the western United States (approximately 15% of all Outback locations in the U.S.).
The property is located at 7065 Commerce Center Drive in Colorado Springs, Colorado. The offering is structured as an absolute NNN lease, which is typically attractive to investors seeking predictable cash flow without day-to-day property management obligations.
From an investor and operator-fit standpoint, this is a straightforward single-tenant, net-lease restaurant opportunity aligned with passive ownership preferences. The lease is franchisee guaranteed by Cerca Trova, an experienced Outback Steakhouse Franchisee operator with more than 100 locations across the western United States (approximately 15% of all Outback locations in the U.S.).
Key Highlights
- 1994‑built freestanding Outback Steakhouse investment property with fee‑simple (land & building) ownership
- Absolute NNN lease structure with zero landlord responsibilities reported in the remarks
- Tenant has over 18 years remaining on the initial lease term, plus 3 (5‑year) extension options
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Outback Steakhouse
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Fee-simple investment featuring an absolute NNN lease with long remaining term and scheduled 2% annual increases.
Where is this nnn property located?
The property is located at 7065 Commerce Center Drive Colorado Springs, CO.
What is the asking price?
The asking price for this property is $3,396,000.
What are key features of this property?
This property features: 1994‑built freestanding Outback Steakhouse investment property with fee‑simple (land & building) ownership; Absolute NNN lease structure with zero landlord responsibilities reported in the remarks; Tenant has over 18 years remaining on the initial lease term, plus 3 (5‑year) extension options
