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$ 4,000,000
Est. payment | /mo
8,079 SqFt
$ 4,000,000
Est. payment | /mo
8,079 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,079 sqft
Price per Sqft $495
MLS Listing ID 4162701
HOA Y/N No
Year Built 1996
Annual Tax Amount $30,132
Property Sub-Type Retail
Property Description
This freestanding 8,079 SF building presents a rare chance to acquire a stabilized, income-producing asset with a long-term tenant already in place. Occupied by a well-established bike shop that's been part of the Colorado Springs cycling community for over 25 years, the tenant (also a part-owner) is seeking a new long-term lease at closing—offering flexible options of 5+5+5 or 10+5 years. The property has been meticulously maintained with recent upgrades: new HVAC, remodeled bathroom, zoning-compliant security fence, window shutters, a replaced side door, and a solid metal roof (2010). Concrete floors add durability. There's no deferred maintenance—offering a true turn-key asset. Located just off I-25 in a high-visibility corridor, the property also backs to the New Santa Fe Regional Trail alongside Monument Creek—aligning perfectly with the tenant's brand and boosting engagement and traffic. With strong community ties and vested interest in staying, this is a dependable, low-maintenance investment in a growing market.
Location
State CO
County El Paso
Area Rockrimmon
Exterior
Garage Spaces 29.0
Building
Story 2
Others
Special Listing Condition Not Applicable
Listed by Engel & Volkers Denver
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Joshua Stephenson
REALTOR® | Lic# FA.100077379