Walgreens NNN Property For Sale — Colorado Springs, CO
280 Main St, Colorado Springs, CO 80911
This absolute net leased Walgreens presents a compelling investment opportunity in Colorado Springs, Colorado. The property features a 13,905 SF freestanding building with a drive-thru, strategically located on a 1.42-acre parcel at a hard-corner, signalized intersection with high traffic counts. Walgreens has a long operating history at this location, demonstrating commitment to the site. The absolute NNN lease offers investors a passive income stream with zero landlord responsibilities, backed by a corporate guarantee from Walgreens. The property is situated in Security-Widefield, a growing suburban area with a strong military presence and convenient access to major employment centers, contributing to a stable and expanding consumer base. The area also benefits from a robust retail pres…
- Address: 280 Main St, Colorado Springs, CO 80911
- Asking price $4.12M
- 7.50% cap rate
- NOI $308,813
- 0.9 years remaining
- NNN lease
- Year built: 200400
- Building size: 13,905 SF
- Lot size: 1.42 acres
- Lease expiration: Jan 31, 2027
- Guarantor: Corporate
Location
This Walgreens property is at 280 Main St in Colorado Springs, Colorado.
Asset type: Drug Store