307 S HANCOCK AVE

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307 S HANCOCK AVE

COLORADO SPRINGS, CO 80903
Asking Price
$1.15M
Asset Type
Grocery Store Retail
Class
Class B

What's Special

Retail For Sale I 5,916 sf I 0.41 ac <p><span style="color: rgba(0,0,0,var(--O42jJQ,1))">Grease trap in place, </span></p><p><span style="color: rgba(0,0,0,var(--O42jJQ,1))">Retail space, </span></p><p><span style="color: rgba(0,0,0,var(--O42jJQ,1))">newer roof, and HVAC, </span></p><p><span style="color: rgba(0,0,0,var(--O42jJQ,1))">close to Memorial Park</span></p><p></p>

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NOI
$80,000
Cap Rate
6.96%
DSCR
1.17
Tight
Cash-on-Cash
3.40%
Monthly Payment
$5,689.573
Annual Cash Flow
$11,725.13

Location & Travel Times