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3784 Airport Rd Colorado Springs, CO 80910

Sponsored
For Sale
$1,250,000

High-yield storefront, strong tenant, prime location.

Property size:
2,365 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a newly constructed (2022), 2,365-square-foot retail storefront located at 3784 Airport Rd, Colorado Springs, CO 80910. Currently 100% occupied by Ruskin Liquor under a NNN lease with a remaining term of approximately 5.1 years (expiring 12/31/2029), this property boasts a 5.94% cap rate and a substantial net operating income (NOI) of $74,296. The asking price is $1,250,000, translating to $528.54 per square foot. The lease includes 3% annual rent bumps, ensuring consistent income growth. The building features a convenient drive-thru and freestanding coolers, offering flexibility for future tenants beyond liquor sales, potentially including fast-food or coffee shops. Situated on a 0.4-acre lot with 21 parking spaces, this single-story building benefits from high visibility and accessibility due to its prime location near the intersection of Airport and Academy Roads. The property's zoning (PBC UV CU AO) allows for a variety of uses. The NNN lease structure minimizes owner responsibilities for repairs and maintenance, including roof and HVAC systems, providing a low-management, high-return investment. This is a rare opportunity to acquire a high-performing retail property in a thriving Colorado Springs market.

Property Features for 3784 Airport Rd

General Information

Property type
Individual retail properties
Square Feet
2,365 SF
Lot Size
17,424 SF

Building Details

Year Built
2022
Buildings
1
Stories
1
Units
1

HighLights

  • Newly constructed 2,365 square foot retail storefront building.
  • Leased to Ruskin Liquor with a 5.1‑year remaining lease term expiring December 31, 2029.
  • Features a drive‑thru and freestanding coolers, adaptable for various uses.
  • Located in a prime, high‑visibility location at the Airport and Academy intersection in Colorado Springs, CO.
  • NNN lease with tenant responsible for all repairs and maintenance; offering a 5.94% cap rate and $74,296 annual NOI.
Property Profile Location Intelligence

Current Use by Public Records

Ruskin Liquor Liquor Store

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Colorado Springs
County
El Paso
State
Colorado
Longitude
-104.75832309082
Latitude
38.826096203585

FAQs

What type of property is this?
Individual retail property - High-yield storefront, strong tenant, prime location.
Where is this individual retail property located?
The property is located at 3784 Airport Rd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Newly constructed 2,365 square foot retail storefront building.; Leased to Ruskin Liquor with a 5.1-year remaining lease term expiring December 31, 2029.; Features a drive-thru and freestanding coolers, adaptable for various uses.
More about this property
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