3730 Astrozon BlvdColorado Springs, CO 80910

This exceptional 18,410-square-foot shopping center in Colorado Springs, Colorado presents a compelling value-add opportunity. Located on a 1.88-acre lot at 3730 Astrozon Blvd, zip code 80910, this Class B property boasts 100% occupancy across seven units, featuring a diverse mix of e-commerce resistant tenants including an animal hospital, dog trainer, and several restaurants. Built in 1985 and renovated in 2019, the single-story building benefits from a triple-net (NNN) lease structure with annual rent bumps. The property enjoys a prime location on Academy Blvd, a high-traffic area with over 37,000 cars daily, and is situated near major national retailers such as Walmart, King Soopers, and Walgreens. Currently generating a Net Operating Income (NOI) of $220,159 and an 8.50% capitalization rate, this investment offers significant upside potential due to below-market rents and the strong growth trajectory of Colorado Springs. The property is zoned for commercial use and features a fee-simple ownership structure. The Colorado Springs MSA population is 745,791 (2019 data), and the city is experiencing rapid growth, ranking #29 among the fastest-growing cities in the US. This property is a rare opportunity to acquire a well-positioned, high-performing retail asset in a thriving market. The asking price is $2,590,000, translating to $140.68 per square foot.