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Property profile & analytics
OFF-MARKET
Retail space

3784 Airport Rd Colorado Springs, CO 80910-2628

2,475 SF 0.88 ac lot Built 2022
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US13-0446259
Property summary
AI-generated overview

This exceptional investment opportunity presents a newly constructed (2022), 2,365-square-foot retail storefront located at 3784 Airport Rd, Colorado Springs, CO 80910. Currently 100% occupied by Ruskin Liquor under a NNN lease with a remaining term of approximately 5.1 years (expiring 12/31/2029), this property boasts a 5.94% cap rate and a substantial net operating income (NOI) of $74,296. The asking price is $1,250,000, translating to $528.54 per square foot. The lease includes 3% annual rent bumps, ensuring consistent income growth. The building features a convenient drive-thru and freestanding coolers, offering flexibility for future tenants beyond liquor sales, potentially including fast-food or coffee shops. Situated on a 0.4-acre lot with 21 parking spaces, this single-story building benefits from high visibility and accessibility due to its prime location near the intersection of Airport and Academy Roads. The property's zoning (PBC UV CU AO) allows for a variety of uses. The NNN lease structure minimizes owner responsibilities for repairs and maintenance, including roof and HVAC systems, providing a low-management, high-return investment. This is a rare opportunity to acquire a high-performing retail property in a thriving Colorado Springs market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2022
Total area 2,475 SF
Lot 0.88 ac (38,332 SF)
Zoning code PBC UV CU AO
APN 6415414110
UPID US13-0446259
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ruskin Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Brothers & Assoc LLC · 18 yrs held
Brothers & Assoc LLC
since 2008
2 recorded transactions
2021
Price N/A
2008
$340,000
Zoning & alternative use
PBC UV CU AO · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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