Colorado Springs, CO 80909

Walgreens

Property Address

350 North Union Boulevard, Colorado Springs, CO, USA

Offering Summary

  • Price: $7,996,000
  • Lot Size: 1.69 Acres
  • Cap Rate: 6.25%
  • Year Built: 2001
  • Building SF: 15,120
  • Status: Available
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  • Absolute Triple-Net (NNN) Corporate Lease with 5 Years Remaining
  • 20+ Year Operating History - Tenant has Occupied Site Since 2001
  • 268,218 Residents within a 5-Mile Radius - Dense Colorado Springs Infill
  • High Traffic and Signalized Hard Corner Location with 56,000 Cars/Day at the Intersection of North Union Boulevard and East Platte Avenue
  • Across from UCHealth Memorial Hospital and Children’s Hospital Colorado
  • Situated Across from the Flagship U.S. Olympic & Paralympic Training Center, a State-of-the-Art 37-Acre Athletic Complex for 15 Olympic Sports
  • Less Than 10 Minutes East of Downtown Colorado Springs
  • Strong Daytime Population - 322,054 Employees in Surrounding Area

Broker Information