Drive-Thru Restaurant
4540 Centennial Blvd Colorado Springs, CO 80907
4540 Centennial Blvd, Colorado Springs, CO, 80907
Contact for pricing
For Sale
Contact for pricing
Drive-thru restaurant for sale with high traffic and demographics.
Property Size3,707 SF
Lot Size0.88 Acres
Price / SF$377.66
Days on Market1368
Property Features for 4540 Centennial Blvd
General Information
- Standard status
- Active
- Size
- 3,707 SF
- Lot size
- 0.88 Acres
- Property subtype
- Retail
Listing Agency
Crosbie Real Estate Group
(303) 398-2111
Listed by
Isabella Busnardo · License #FA 100107026
Source
Crexi
Added: Oct 22, 2022 Checked: Jul 20 at 6:22 am
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 Crosbie Real Estate Group
Investment Insights
Based on property information with market context.
This property at 4540 Centennial Blvd, Colorado Springs, CO, presents an owner-user opportunity for a drive-thru restaurant. The site features a 3,707 SF building on a 38,332 SF lot. Restaurant infrastructure is already in place, allowing for immediate use. The location benefits from high traffic counts, with an average daily traffic count of 15,000 vehicles on Centennial Blvd. The surrounding area has strong demographics, with 6,891 residents within a 1-mile radius, 55,284 within a 3-mile radius, and 154,709 within a 5-mile radius. The average household income within a 1-mile radius is $90,782.
Key Highlights
- Existing drive‑thru infrastructure: Ready for immediate use.
- High traffic location: Benefits from 15,000 average daily traffic count on Centennial Blvd.
- Strong demographics: Large population within 1, 3, and 5‑mile radii.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.2k | $19.20 |
| − Vacancy | −$2.8k | −$0.77 |
| EGI | $68.3k | $18.43 |
| − OpEx | −$17.1k | −$4.61 |
| NOI | $51.2k | $13.82 |
3,707 SF · lease $19.20/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$732.1K
$640.6K – $854.1K
NOI $51,246 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Drive-thru restaurant for sale with high traffic and demographics.
Where is this drive through restaurant located?
The property is located at 4540 Centennial Blvd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Existing drive‑thru infrastructure: Ready for immediate use.; High traffic location: Benefits from 15,000 average daily traffic count on Centennial Blvd.; Strong demographics: Large population within 1, 3, and 5‑mile radii.
