3729 Austin Bluffs Pkwy Colorado Springs, CO 80918

This exceptional retail investment opportunity in Colorado Springs, Colorado, presents a compelling chance to acquire two of three available retail condos at 3729-3737 Austin Bluffs Parkway. The property boasts a total of 6,000 square feet and commands a desirable asking price of $2,252,000, translating to a price per square foot of $375.33. The property benefits from a strong 7.27% capitalization rate, generating a substantial net operating income (NOI) of $163,812. Located in El Paso County, with a zip code of 80918, this property enjoys high visibility at the intersection of Austin Bluffs Parkway and Academy Boulevard, one of Colorado Springs' busiest and most well-lit intersections. The existing tenants, boasting strong financials, have occupied the space for over five years, ensuring a stable and consistent cash flow. The building itself is exceptionally well-maintained and clean, minimizing maintenance needs and maximizing return on investment. The property is zoned PBC, and offers a low-maintenance, high-cash-flow investment opportunity. This is an ideal addition to any portfolio seeking steady income and long-term growth potential.