1779-1791 S Eigth St, Colorado Springs, CO

Retail for Sale - 78,000 Sq. Ft.

NAI Highland, LLC

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Agent Info

NameNAI Highland
CompanyNAI Highland, LLC

Property Info

CIMLS #969225
Location1779-1791 S Eigth St
Colorado Springs CO 80906
Last UpdatedJanuary 2nd, 2018
TypeRetail
PriceUndisclosed
Building78,000 Sq. Ft.
DemographicsView data

Contact


Property Description

We are pleased to present the opportunity to acquire Cheyenne Plaza Shopping Center. Cheyenne Plaza is a busy, synergistic 13 tenant neighborhood center located along 8th St. and W. Cheyenne Rd. in southwest Colorado Springs, CO. The center is 100% occupied and anchored by Accolade Fitness, Dollar General and the Pikes Peak Library District. The center benefits from its proximity to the Broadmoor and Cheyenne Mountain communities and ease of access from Hwy 24 and I-25.

Cheyenne Plaza offers investors a quality retail center with lease rates that are below market in a desirable and stabilized submarket. Most all the Tenant’s have either recently renewed or have signed new long-term leases. This center’s steady cash flow, established tenants and at or below market lease rates make this investment a solid portfolio essential.

IMPROVEMENTS 76,839 SF

LAND AREA 5.87 ACRES

# OF BUILDINGS 3

YEAR BUILT 1970-1987

MAJOR TENANTS Accolade Fitness, Pikes Peak Library, Dollar General, Pet Pantry, Flip Shack

TAX SCHEDULE NUMBER 7425109031

PROPERTY TAXES FOR 2016 DUE 2017

$43,409.82 (2018 Estimate: $51,149.72)

# OF TENANTS 13

SF Vacant 0

SF Occupied 76,839

ZONING C5

LOCATION S. 8TH ST.

SUBMARKET SOUTHWEST


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