Dark Walgreens w/Over 6 Years in Colorado Springs — Sale in Colorado Springs, CO
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Colorado Springs, CO 80918
Photos
Investment Figures
- Cap rate
- 9.95%
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
Subject is a 14,820 Square-Foot Dark Walgreens on a 1.71-Acre Lot with Ample Parking, Pylon Signage, and Easy Ingress/Egress. The Absolute Net Lease is Corporate Guaranteed and has Seven Years Remaining, Has Over $2.4M in Future Payments as of May 2026 . Investment Highlights: • Robust Traffic Counts on Academy Boulevard (45k VPD) and Flintridge Drive (12k VPD) (Source: CoStar, 2025) • Well Established Retail Area | Nearby National Retailers Include: King Soopers, Walmart, Safeway, Target, AutoZone, O'Reilly Auto Parts, Advance Auto, Chase Bank, Wells Fargo, McDonald's, and Others • Affluent Community with an Average Household Income of Over $102K within Five Miles of the Subject Asset, as of 2024 • Parks and Outdoor Recreational Facilities Nearby Include: US Olympic Training Center, Palmer Park, Memorial Park, Red Rock Canyon, Garden of the Gods, Pikes Peak, The Broadmoor, Colorado Springs Country Club, Patty Jewett Golf Course, and More • Subject is 9 Miles from Colorado Springs Airport, Serving Over 2.3M Passengers Annually (coloradosprings.gov) • Subject is 8 Miles from Downtown Colorado Springs with a Population of 493,554
Market Context
This retail in Colorado Springs, CO is listed for sale. It is offered at an approximate 9.9% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Colorado Springs, CO — view the full market.
Contact
- Adam Lewis · (303) 328-2000
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