Christian Brothers Automotive

1368 Republic Drive, Colorado Springs, CO

$3,660,000

Price

6%

Cap Rate

$219,600

NOI

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Street
Map
Overview
Cap Rate
6%
NOI
$219,600
Building Size
5,227 sqft
Lot Area
0.91 acres
Lease Type
Absolute Net
Year Built
2020
Tenancy
Single
Description

Corporate absolute NNN Christian Brothers with over 12 years remaining in the primary term. Situated in the prime InterQuest corridor, a sought after northern Colorado Springs location.

Highlights
  • Absolute NNN lease with no Landlord responsibilities
  • Corporate-signed lease by Christian Brothers Automotive Corp
  • 1.5% annual rent increases commencing September 2026, equating to a blended 6.41% cap rate over the remaining initial lease term at List Price
  • Healthy Rent: the subject property has a significantly lower rent than many newer CBA properties on the market
  • Situated within InterQuest Commons: a newly developed destination including retail, hospitality & offices with convenient access to Interstate 25
  • Adjacent to Victory Ridge: a 153-acre master planned mixed-used development that features 1.6M SF of retail, restaurant, including In-N-Out, offices in addition to 474 apartment units and 221 townhomes
  • Immediate proximity to InterQuest Marketplace: a destination for shopping, retail, entertainment & lodging
  • Nearby ENT’s HQ, Colorado’s largest credit union, and the corporate offices of United Healthcare, Lockheed Martin, Western Digital & Philips
Documents
Title
CBA_RepublicDr_ColoradoSpringsCO.pdf
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Location
Gallery