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 current lease generates $20,000/month in triple-net income ($240,000 annually). That’s $29.71/SF in annual rent, delivering immediate, reliable cash flow. 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.
8,036 Sq Ft
1 Private Acres Exterior Space
Commercial
$30,132 Annual Tax
Built in 1996
MLS/Listing ID 3536140
1 Units
Parking - Asphalt
Lot - Corner Lot
Lot - Near Public Transit
Construction - Frame
Listing Courtesy of ENGEL & VOLKERS DENVER, CHRISTOPHER NAGGAR - 817-262-3649
Source of Data: RECOLORADO