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    3705 Drennan Rd Colorado Springs, CO 80910

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    3705 Drennan Rd Colorado Springs, CO 80910


    • Strip malls
    • 31,112 SF
    • 2.85 lot acres
    Fully Leased Shopping Center Investment For Sale
    $5,750,000
    30,060 SF

    Fully Leased Shopping Center Investment

    Fully leased shopping center with new roof and paved parking.

    3705 Drennan Road, Colorado Springs, CO 80910
    View Listing
    Property ID
    US13-0469477
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cardtronics ATM / Atm
    • Western Union / Bank / Credit Union
    • Loaf 'N Jug. / Auto Repair Shop

    Property Details for 3705 Drennan Rd

    Year built
    1985
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.85 lot acres
    Property size
    31,112 SF
    Zone code
    C6 AO
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    6503103001
    APU
    6503103001

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,113,000
      Market price range: $4.11M - $12.4M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.758
    Latitude
    38.781
    CBSA code
    17820
    CBSA name
    COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $152,400
    $262,940
    $415,340
    -
    $546,242
    $942,434
    $1,488,676
    View Listing
    More about this property
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