For Sale
$5,700,000

7376 Mclaughlin Rd Falcon, CO 80831

Prime Retail Investment, 7.01% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
132
The Shops at Woodmen Hills, a thriving retail center in Falcon, Colorado, presents a compelling investment opportunity. This 27,658 square foot property, built in 2003 and situated on 2.93 acres, enjoys a highly visible location at the intersection of East Woodmen Road and McLaughlin Road, serving as a prominent gateway to the town from I-25. The center benefits from excellent access and is strategically positioned near major retailers including Walmart, Safeway, and a planned King Soopers, ensuring high traffic and visibility. Currently, the property is 92.6% occupied, featuring a strong tenant mix of national brands such as Dollar Tree, AT&T, Domino's Pizza, and Fred Loya. One 2,040 square foot space is currently available. The average in-place rent is $14.37 per square foot ($18.62 excluding Dollar Tree), supported by long-term leases. The property offers a Net Operating Income (NOI) of $399,808 and is offered at an asking price of $5,700,000, resulting in a 7.01% capitalization rate. This represents a significant opportunity to capitalize on the exceptional growth experienced in Falcon and the surrounding El Paso County area. The property consists of eight units. This retail center provides immediate return on investment in one of the fastest-growing areas in Colorado.

Highlights

  • Thriving 27,658 SF retail center in Falcon, CO.
  • Highly visible location at E. Woodmen & McLaughlin Roads, near I-25.
  • 92.6% occupied with national tenants including Dollar Tree, AT&T, Domino's, and Fred Loya.
  • One 2,040 SF space available; average in-place rent $14.37/SF ($18.62 excluding Dollar Tree).
  • $399,808 NOI; $5,700,000 asking price; 7.01% cap rate.

Property Details for 7376 Mclaughlin Rd

Property type
Retail properties
Square Feet
27,658 SF
Year Built
2003
Lot Size (sq. ft)
127,631 SF
Units
8

Location Insight

City
Falcon
County
El Paso
State
Colorado
Latitude
38.9400751
Longitude
-104.6066231

FAQs

What type of property is this?
Retail property - Prime Retail Investment, 7.01% Cap Rate
Where is the retail property located?
The property is located at 7376 Mclaughlin Rd Falcon, CO.
What is the asking price?
The asking price for this property is $5,700,000.
What are key features of this property?
This property features: Thriving 27,658 SF retail center in Falcon, CO.; Highly visible location at E. Woodmen & McLaughlin Roads, near I-25.; 92.6% occupied with national tenants including Dollar Tree, AT&T, Domino's, and Fred Loya.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7376 Mclaughlin Rd
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