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    8775 US Highway 24 Cascade, CO

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    Self-storage facility generating $116,004 gross annual rent for sale.

    Type:INDUSTRIAL
    Property size:
    10,225 SF
    Lot size:
    1.92 Acres
    Price / SF:
    $136/SF
    Added:
    Jul 10, 2023
    Days on Market:
    1024
    Last Refresh:
    Apr 5 at 8:57 pm

    Property Features for 8775 US Highway 24

    General Information

    Standard status
    Active
    Size
    10,225 SF
    Lot size
    1.92 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Tim Leigh
    Tim Leigh

    Listing agent Tim Leigh

    Listing office Hoff & Leigh

    Listing date Jul 10, 2023

    Source Moodyscre

    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


    Overview

    Big Foot Self Storage Facility

    The Big Foot Self Storage facility is now for sale. This property generates approximately $116,004 in actual gross annual rent. Annual expenses, including taxes, insurance, maintenance estimate, and management, are approximately $25,367. The total building area is 10,225 square feet, divided into 7 buildings with sizes of 400, 550, 950, 1,225, 1,500, 2,700, and 3,400 square feet. The unit mix includes 4 car stalls, eight 10’ x 5’ units, seventeen 10’ x 10’ units, twenty-two 10’ x 15’ units, twenty-one 10’ x 15’ units, one 15’ x 15’ unit, and one 20’ x 20’ unit. The facility is fairly new with no expected deferred maintenance. Situated on 1.91 acres, the property is zoned CCR-t. Located between Colorado Springs and Woodland Park, this property offers an investment opportunity with nearly 400 linear feet of highway frontage, providing roadside visibility and easy access for customers. The units stay full, with only one vacant unit currently. The annual property tax is $7,868, and the annual property insurance is $6,099.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Real Estate Agency Restaurant Building Supply Auto Repair Shop Gym & Fitness Center Hotel & Motel Department Store Bar & Pub HVAC Service Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cascade
    County
    El Paso
    State
    Colorado
    Longitude
    -104.984
    Latitude
    38.9172

    FAQs

    What type of property is this?
    Self storage facility - Self-storage facility generating $116,004 gross annual rent for sale.
    Where is this self storage facility located?
    The property is located at 8775 US Highway 24 Cascade, CO.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: Generates approximately $116,004 in gross annual rent with a 6% cap rate.; Excellent location between Colorado Springs and Woodland Park with nearly 400 linear feet of highway frontage.; High occupancy rate with only 1 vacant unit currently.
    (719) 337-9551 Call to check price and availability
    More about this property
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