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1760 Briargate Blvd
Colorado Springs, CO 80920 Anderosa

$1,236,363 USD

Fast Food For Sale  •  380 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 380 SF
  • Lot Size 0.27 AC
  • Building Class B
  • Year Built 2013
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning MX-M
35 Transit Score
66 Walk Score

Highlights

Starbucks – Rare Absolute NNN Ground Lease – Corporate Guaranteed – Starbucks Corporation – (S&P Rated: “BBB+”) Investment Grade Credit
Excellent Credit Profile – Publicly Traded (NASDAQ: SBUX) – Over $110 Billion Market Cap – 9% Rental Escalation in 2029 – 10% Rental Increases Every
Unique Low Price-Point Starbucks – Currently Operates 38,000+ Stores Worldwide – 400,000+ Employees
Located on Briargate Blvd next to N Academy Blvd Intersection (State Highway 83) – 44,256 VPD – Outparcel to Chapel Hills Mall
2nd Largest City in Colorado – Major Employers include US Air Force, Lockheed Martin, UCHealth, Amazon, FedEx, Northrop Gumman
Nearby Top-Tier Retailers: Whole Foods, Trader Joe’s, Lowe’s, REI, and In-N-Out Burger – Next to Interstate-25 (133,000 VPD) – Premium Brand

Property Flyers

Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Starbucks 380 SF 6/30/2034

Public Transportation

AirportDriveWalkDistance
City of Colorado Springs Municipal 27 min - 13.8 mi
Spencer O'Donnell 714-400-6267 Charter Realty Company
Spencer O'Donnell 714-400-6267 Charter Realty Company