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Call For Offers - Deadline to submit 10/19/09
100% Occupied NNN Retail Property For Sale
Great Location next to Fort Carson
Add Stability to your Portfolio in an uncertain market.
General Information
B Street Shopette
1605 -1619 Lashelle Way
Colorado Springs, CO 80906


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Building Type: Retail
YOC: 1982
County: El Paso
Zoning: Retail

Land SF: 43995
Taxes: $10,266.05

Sale Information
Total SF: 13295
Available SF: 0
Sale Price: $1,385,000



im_0Signage on Academy.jpg im_0Brochure.jpg im_0B Street Parking Lot.jpg im_0B Street from B Street.jpg im_01619 Interior Facing South.jpg im_01619 Interior Facing North.jpg im_01619 Entrance.jpg im_01617 Entrance.jpg


Property Description
This is a great little NNN Retail Investment property for sale. The property is currently 100% Leased and has many long term tenants. Current leases sturctured to give stability during this uncertain time period. As market turns there will be room to increase rents. This is a very desirable location located at Academy Blvd and B Street. This NNN Investment property is the first retail center at the entrance of Fort Carson. With the large military presence at the base this location is always in high demand meaning higher rental rates and lower vacancy rates than other retail properties in the area. Make us an offer. All Offers must be submited by 5:00pm on 10/19/09
Improvements
Floors: 1
Parking: Ample
Floor Plate SF: 13295
Maximum Contiguous SF: 13295
Minimum Available SF: 0
Divisible: Y
Site Size: 43995
Present Occupant(s): 100
Cap Rate: 7.5%
Sch Gross Inc: $158,193.00
Net Op Inc: $103,910.00
Water: Public
Sewer: Public

Contact:
Kevin Kohn
Phone: (303) 592-1050
Fax: (866) 802-0399

Sperry Properties Inc.
2871 N. Speer Boulevard
Denver, CO 80211
www.sperryproperties.com

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The following information is subject to change and/or withdrawal without notice. The information set forth herein was obtained from the owner of the property and from other sources including public records and Sperry Properties, Inc. has not verified the accuracy or completeness of such information. Sperry Properties, Inc. and its brokers will be acting as agents of the Landlord/Seller and will negotiate on behalf of and act as an advocate for the Landlord/Seller. Sperry Properties, Inc. will not be your agent without a signed agency agreement
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2871 N. Speer Boulevard - Denver, CO 80211
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Office: (303)  592-1050
Fax: (866) 802-0399