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    Property profile & analytics

    Fort Carson, CO 80902

    • Retail properties
    • 3,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details

    Property size
    3,000 SF
    Property type
    Retail properties
    Property subtype
    Bars

    Description

    This thriving Colorado Springs restaurant and bar is offered for sale at $395,000. The 3,000 square foot establishment boasts a spacious outdoor patio with seating for over 110 patrons, adding significant capacity to the indoor dining area. The property includes a full liquor license, allowing for the sale of beer and wine, and features over 15 large-screen TVs offering a wide variety of viewing options. The menu includes craft beers, handcrafted cocktails, and full bar and food menus, catering to a diverse clientele. The business benefits from strong year-round traffic, driven by lunch, dinner, and late-night crowds. Its location within a rapidly growing market, surrounded by new luxury homes, apartments, condos, retail outlets, hotels, office parks, and a new 8,000-seat amphitheater, ensures a robust and expanding customer base. The current lease is a NNN (Net, Net, Net) agreement with a franchisee tenant, offering a 10-year term expiring December 26, 2035, with a remaining term of one year. Rent increases are set at 2% annually, providing predictable income growth. Lease options for renewal are available for terms of 2 to 5 years. This turnkey operation presents a unique opportunity for an investor seeking a well-established and profitable business in a prime location. The property's strong performance and favorable lease terms make it an attractive investment prospect.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Carson
    County
    Palm Beach
    State
    Colorado
    Longitude
    -104.782
    Latitude
    38.7402

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      Confidential

      Restaurants • 3,000 SF
      0 Confidential, Fort Carson, CO 80902
      View Details
    • Value Estimation by Request
      0.97 Acres

      83 Northgate & Hwy

      Land • 1,294 SF
      83 Northgate & Hwy, Fort Carson, CO 80902
      View Details
    • Value Estimation by Request
      91.24 Acres

      Powers Blvd

      Flex space • 1 SF
      0 Powers Blvd, Fort Carson, CO 80902
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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