Denver, CO – August 21, 2023 – NorthPeak Commercial Advisors is pleased to announce the sale of 4425 Buckingham Dr., Colorado Springs, CO 80907.
Matt Lewallen and Kevin Calame of NorthPeak Commercial Advisors worked with the buyer in this transaction.
“The buyer was very happy with the strong credit tenant in tandem with a 15-year initial lease term. The asset was brand new and included a double drive-thru in a bustling part of Colorado Springs.”
– Matt Lewallen, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Matt Lewallen at 303-210-1623 or Matt@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 4425 Buckingham Dr., Colorado Springs, CO 80907
- Sale Price: $2,582,000
- Closed Date: August 16, 2023
- Property Size: 2,347 SF ($1,100/SF)
- Cap Rate: 5.0%
- Property Type: Retail
