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4265 Austin Bluffs Pky
Colorado Springs, CO 80918

SLIM CHICKENS - COLORADO SPRINGS, CO · Retail Property For Sale

Retail Space Colorado Colorado Springs 4265 Austin Bluffs Pky, Colorado Springs, CO 80918

Investment Highlights

  • Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations Every 5 Years
  • Personally Guaranteed by 2 operators with a combined net worth of over $30 million.
  • Well positioned in dense retail corridor on ±0.989-acre lot with high barriers to entry & excellent drive-by visibility/access
  • Mile High Chicken, LLC is an experienced operator with 10 Slim Chickens restaurants with 4 additional sites slated to open by Spring 2024
  • HIGH SALES VOLUME LOCATION – Sales January 1, 2024 to August 28, 2024 were $2,652,652.
  • 2023 Population: 312,094 and 2023 Avg. Household Income: $106,482

Executive Summary

(Building & Land) Fee Simple
In Association with Designated Broker:
Brian Brockman – Broker
License #: 100075683
Bang Realty, Inc
bor@bangrealty.com
513-898-1551

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,292 SF
Year Built
2023
Price
$4,456,000
Price Per SF
$1,354
Cap Rate
6.75%
NOI
$300,776
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.98 AC
Zoning
C - Commercial
Frontage
100 FT on Austin Bluffs Pky

Amenities

  • Restaurant
  • Signage
  • Air Conditioning

Links

PROPERTY TAXES

Parcel Number 63262-02-059 Improvements Assessment $59,130
Land Assessment $15,430 Total Assessment $74,560

PROPERTY TAXES

Parcel Number
63262-02-059
Land Assessment
$15,430
Improvements Assessment
$59,130
Total Assessment
$74,560
 

  • Listing ID: 34019422

  • Date on Market: 5/29/2024

  • Last Updated:

  • Address: 4265 Austin Bluffs Pky, Colorado Springs, CO 80918

More public record information on 4265 Austin Bluffs Pky, Colorado Springs, CO 80918

The Retail Property at 4265 Austin Bluffs Pky, Colorado Springs, CO 80918 is currently available for sale. Contact Commercial Investment Advisors, INC for more information.

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