1856 Democracy Pt Colorado Springs, CO 80908
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High-Cap Restaurant, Prime Location
Property size:
4,228 SFProperty Features for 1856 Democracy Pt
General Information
- Property type
- Restaurants
- Square Feet
- 4,228 SF
- Class
- A
- Lot Size
- 30,928 SF
Building Details
- Year Built
- 2023
Listing Agency: NAI Affinity Listing Agent: Lauren Larsen
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a brand-new, Class A, multi-tenant restaurant property totaling 4,228 square feet, situated on a 0.71-acre lot in the thriving Victory Ridge mixed-use development of Colorado Springs, Colorado. Built in 2023, the property boasts 100% occupancy with two tenants under a Net Lease (NNN) agreement, offering a compelling 5.68% cap rate at an asking price of $3,700,000. Ideally located less than a mile from Interstate 25 and with frontage on Interquest Parkway, this retail property benefits from high visibility and convenient access. The surrounding area features a robust mix of retail, office, entertainment, hospitality, and residential properties, ensuring a consistent and diverse customer base. The property's attractive features include an inviting rooftop patio and outdoor seating areas, designed to maximize appeal and patronage. This is a rare opportunity to acquire a high-performing, newly constructed restaurant property in a rapidly growing area of Colorado Springs, within the highly desirable Interquest Parkway corridor known for its diverse culinary scene. The property address is 1856 Democracy Point, Colorado Springs, CO 80908, in El Paso County.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.795824
- Latitude
- 38.990149
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FAQs
What type of property is this?
Restaurant - High-Cap Restaurant, Prime Location
Where is this restaurant located?
The property is located at 1856 Democracy Pt Colorado Springs, CO.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Brand-new, Class A, 4,228 SF multi-tenant restaurant building on a 0.71-acre lot.; 100% occupied with two tenants under NNN leases, offering a 5.68% cap rate.; Asking price: $3,700,000.
