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For Sale

Big R

2050 Southgate Road, Unit 100,
Colorado Springs, CO 80906

Asset Snapshot

$514,707
NOI
1959
Year Built
2023
Year Renovated
1
Floor Count
100%
Occupancy

Offering Summary

Investment Overview

As the Exclusive Agent for the seller, SVN Denver is proud to present this long-term single-tenant investment opportunity. The subject property is located in the popular Broadmoor Towne Center with 9 years +/- remaining on the lease with Big R, which operates 39 successful locations across CO, NM, KS, OK, and TX. Big R's initial rent/sf is below market, currently at $11/sf. National tenants adjacent to the property include Home Depot, Ross, PetSmart, Michael’s, Red Robin, Chipotle, Ulta, and Old Navy.


Investment Highlights

  • 9-Yrs Left on Corporate NN Lease with Two 5-Yr Renewal Options
  • Recession-Proof Farm and Ranch Sporting Goods Retailer
  • Newly Renovated in 2023 | Big R Corporate Guarantee
  • Premier Broadmoor Towne Center Location | Surrounded by National Tenants
  • Located Just South of Downtown Colorado Springs | 2 Miles from the Internationally Renowned Broadmoor Resort

How it Works

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Listing Syndicated From

Buildout
For Sale
$6,955,500
Asking Price