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279 S Purcell Blvd
Pueblo West, CO 81007

$5,772,000 USD

Freestanding For Sale  •  10,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 23,276 SF
  • Lot Size 1.6 AC
  • Building Class B
  • Year Built 2019
  • Tenancy Multiple
  • Zoning COMM
0 Transit Score
46 Walk Score

Highlights

Attractive 7% yield, stabilized NNN retail investment, long-term leases, priced below replacement cost at $248 PSF.
Passive NNN investment, minimal landlord obligations, inflation-protected income, tenants covering expenses and maintenance.
Fee simple ownership of land and building with potential tax benefits through cost segregation to accelerate depreciation and enhance after-tax return
Upside / Value Add Opportunity thru Lease up of 1500 SF
High-profile retail location: unobstructed street visibility / Strong Trade Area Demographics

Amenities

  • Corner Lot
  • Signage
  • Tenant Controlled HVAC
  • Monument Signage
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
City of Colorado Springs Municipal 63 min - 48.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Jeff Conover 949-412-1616 Faris Lee Investments
Jeff Conover 949-412-1616 Faris Lee Investments