Archdale EyeCare — Sale in Colorado Springs, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Colorado Springs, CO 80905
  • Year built: 2000

Photos

Archdale EyeCare — Sale in Colorado Springs, CO, photo 1 of 3
Archdale EyeCare — Sale in Colorado Springs, CO, photo 2 of 3
Archdale EyeCare — Sale in Colorado Springs, CO, photo 3 of 3

Investment Figures

Cap rate
7.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Single tenant NNN investment opportunity in a top MSA. Investment Highlights: • Triple Net Lease Structure   - 100% of real estate taxes, insurance, utilities, maintenance, repairs, and Operating Expenses Including eligible amortized capital costs • Attractive Private Equity Backing - Tenant was acquired by Keplr Vision (300+ Location Optometry MSO) - Keplr is backed by Imperial Capital • 2% Annual Rent Escalations - Built-in 2% annual rent increases throughout the primary term - FMR Rent survey can increase rental rate in option • Purpose Built Facility - Purpose built for Archdale Eye Care - Continuously operated since 2000 • One (5) Year Renewal Option Remaining - Tenant holds one more five-year renewal options - Providing potential for over 9.5 years of total lease term • Highly Populated Immediate Area - 3-mile population size of 66,557 residents - 6-mile population of 247,000 residents

Market Context

This office in Colorado Springs, CO is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing office assets. The building dates to 2000. Compare it against other office listings for sale in Colorado Springs, CO — view the full market.

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