7935 Hwy Cascade, CO 80809
This exceptional retail opportunity is located at 7935 W Highway 24 in Cascade, Colorado. Boasting excellent visibility and exposure directly from Highway 24, this property benefits from an impressive average annual daily traffic count of 26,000 vehicles. The 0.12-acre lot houses a building currently occupied by Pikes Peak Gourmet Popcorn, a long-standing business operating successfully at this location since 1999. Its strategic position makes it one of the first commercial establishments encountered by locals and tourists entering the Pikes Peak Tollway. This prime location offers unparalleled access to a significant volume of potential customers heading towards popular destinations such as Santa's Workshop amusement park and the newly constructed visitor center at the summit of Pikes Peak. The property presents a unique chance to capitalize on the consistent high traffic flow and strong tourist presence in this vibrant area. The asking price for this established retail space is $1,800. Further details regarding the square footage and lease terms are available upon request. This is an exceptional opportunity for a business seeking high visibility and a strong customer base in a well-established tourist destination. Don't miss out on this chance to establish or expand your business in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.