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2050 Southgate Rd
Colorado Springs, CO 80906
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 7.32% Cap | 10-Yrs Left on Corporate NN Lease with Two 5-Yr Renewal Options
  • Newly Renovated in 2022 | Big R Corporate Guarantee
  • Located Just South of Downtown Colorado Springs | 2 Miles from the Internationally Renowned Broadmoor Resort
  • Recession-Proof Farm and Ranch Sporting Goods Retailer
  • Premier Broadmoor Towne Center Location | Surrounded by National Tenants

EXECUTIVE SUMMARY

The subject Big R is located in the popular Broadmoor Town Center at the SWC of Nevada Ave (aka CO Hwy 115) & Lake Ave, averaging over 60,000 vehicles per day, just east of I25 in Southeast Colorado Springs. The Broadmoor Towne Center is the premier shopping destination near the legendary 5-star/5-diamond Broadmoor resort.

PROPERTY FACTS

Property Type Retail
Property Subtype Shopfront
Costar Property Class C
Total Plot Size 9.74 ac
Net Internal Area (NIA) 46,614 sq ft
No. Floors 1
Year Built/Renovated 1959/2022
Tenancy Single
Parking Allocation 8.58/1,000 sq ft
No. Drive In / Grade-Level Doors 16
APN / Parcel ID
64304-06-020
  • 64304-06-021
Cross Streets LAKE AVE
Use Class C5

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Signalised Intersection
  • Listing ID: 34665598

  • Date on Market: 30/01/2025

  • Last Updated:

  • Address: 2050 Southgate Rd, Colorado Springs, CO 80906

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