3705 Drennan Rd Colorado Springs, CO 80910-3873
This exceptional 30,060 square foot shopping center in Colorado Springs, CO, is offered at $5,750,000 ($191.28/sq ft). The property boasts 100% occupancy with a diverse mix of tenants under a NNN lease structure. Recent improvements include a brand new roof and a freshly paved parking lot, ensuring long-term value and curb appeal. Its strategic location near Amazon's substantial 3.7 million square foot warehouse provides significant visibility and access to a large customer base. The well-designed layout offers flexibility for current tenants to expand or for future tenants to join this thriving retail environment. This presents a compelling investment opportunity with a stable income stream and significant potential for future growth and appreciation. The property is located at 3705-3737 Drennan Road, Colorado Springs, CO 80910, in El Paso County. This fully leased, multi-tenant retail center offers a secure investment with immediate returns and long-term upside. The property's modern infrastructure and prime location make it an attractive asset for discerning investors seeking a stable and profitable investment in a growing market.
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Cardtronics ATM Atm
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Western Union Bank Credit Union
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Loaf 'N Jug. Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C6 AO · Colorado Springs, COColorado Springs. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.