The CDL Schools | 3.61 ACRE IOS NNN Facility — Sale in Colorado Springs, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Colorado Springs, CO 80915
  • Year built: 1998

Photos

The CDL Schools | 3.61 ACRE IOS NNN Facility — Sale in Colorado Springs, CO, photo 1 of 3
The CDL Schools | 3.61 ACRE IOS NNN Facility — Sale in Colorado Springs, CO, photo 2 of 3
The CDL Schools | 3.61 ACRE IOS NNN Facility — Sale in Colorado Springs, CO, photo 3 of 3

Investment Figures

Cap rate
6.75%

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

Gross Retail Group is pleased to present for sale the fee-simple interest in a net-leased Industrial Outdoor Storage (IOS) / CDL training facility located at 777 Conrad Street, Colorado Springs, Colorado 80915. Positioned at the nexus of North Powers Boulevard and Highway 24, Colorado Springs' busiest retail and commercial corridor, this site offers exceptional visibility, accessibility, and scarcity value. The property is 100% occupied by The CDL Schools LLC, a national CDL training operator, under a fully executed five-year lease with a five-year renewal option. Investment Highlights: • 5-Year NNN Lease on Rare Low-Coverage IOS Site in High-Density Infill Area • CDL Schools LLC Funded a Paved Surface Totaling Approximately 1-Acre of Purpose-Built Maneuvering Area • The CDL Schools LLC is Backed by Transforce Group, the Largest CDL Driver Staffing and Recruitment Company in the United States, Serving the Full Lifecycle of Commercial Truck Driver Employment

Market Context

This retail in Colorado Springs, CO is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1998. Compare it against other retail listings for sale in Colorado Springs, CO — view the full market.

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