9673 Prominent Point

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9673 Prominent Point

Colorado Springs, CO 80924
Asking Price
$8.68M
Cap Rate
5.75%
Asset Type
Shopping Center Retail
Class
Class B

What's Special

E-Commerce Resistant Strip Center <p>SRS Capital Markets is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 18,200 SF multi-tenant retail strip center located in Colorado Springs, Colorado. The property is 100% occupied by a complementary mix of food and beverage and personal service tenants, creating an e-commerce resistant tenant lineup anchored by three national tenants that provide strong traffic drivers and consumer draw to the asset. The current rent roll includes Domino

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NOI
$80,000
Cap Rate
0.92%
DSCR
0.16
Underwater
Cash-on-Cash
-16.72%
Monthly Payment
$42,938.957
Annual Cash Flow
$-435,267.479

Location & Travel Times