Drug Store
Dark Walgreens w/6 Years in Colorado Springs
4713 Flintridge Dr, Colorado Springs, CO 80918
Listing Price: $3,862,500
Cap Rate
9.45%
Tenant Name
Walgreens
Years Remaining On Lease
6.1
Guarantor
Corporate Guarantee
Rentable SF
14,820
Lease Type
Absolute Net
Rent Per Square Feet
$24.63
Investment Overview
Subject is a 14,820 Square-Foot Dark Walgreens on a 1.71-Acre Lot
with Ample Parking, Pylon Signage, and Easy Ingress/Egress.
The Absolute Net Lease is Corporate Guaranteed and has Seven
Years Remaining, Has Over $2M in Future Payments as of
May 2026 .
Investment Highlights
- Robust Traffic Counts on Academy Boulevard (45k VPD) and Flintridge Drive (12k VPD) (Source: CoStar, 2025)
- Well Established Retail Area | Nearby National Retailers Include: King Soopers, Walmart, Safeway, Target, AutoZone, O'Reilly Auto Parts, Advance Auto, Chase Bank, Wells Fargo, McDonald's, and Others
- Affluent Community with an Average Household Income of Over $102K within Five Miles of the Subject Asset, as of 2024
- Parks and Outdoor Recreational Facilities Nearby Include: US Olympic Training Center, Palmer Park, Memorial Park, Red Rock Canyon, Garden of the Gods, Pikes Peak, The Broadmoor, Colorado Springs Country Club, Patty Jewett Golf Course, and More
- Subject is 9 Miles from Colorado Springs Airport, Serving Over 2.3M Passengers Annually (coloradosprings.gov)
- Subject is 8 Miles from Downtown Colorado Springs with a Population of 493,554
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho
Drug Store
Dark Walgreens w/6 Years in Colorado Springs
Listing Price: $3,862,500
Cap Rate
9.45%
Tenant Name
Walgreens
Years Remaining On Lease
6.1
Guarantor
Corporate Guarantee
Rentable SF
14,820
Lease Type
Absolute Net
Rent Per Square Feet
$24.63
Investment Highlights
- Robust Traffic Counts on Academy Boulevard (45k VPD) and Flintridge Drive (12k VPD) (Source: CoStar, 2025)
- Well Established Retail Area | Nearby National Retailers Include: King Soopers, Walmart, Safeway, Target, AutoZone, O'Reilly Auto Parts, Advance Auto, Chase Bank, Wells Fargo, McDonald's, and Others
- Affluent Community with an Average Household Income of Over $102K within Five Miles of the Subject Asset, as of 2024
- Parks and Outdoor Recreational Facilities Nearby Include: US Olympic Training Center, Palmer Park, Memorial Park, Red Rock Canyon, Garden of the Gods, Pikes Peak, The Broadmoor, Colorado Springs Country Club, Patty Jewett Golf Course, and More
- Subject is 9 Miles from Colorado Springs Airport, Serving Over 2.3M Passengers Annually (coloradosprings.gov)
- Subject is 8 Miles from Downtown Colorado Springs with a Population of 493,554
Investment Overview
Subject is a 14,820 Square-Foot Dark Walgreens on a 1.71-Acre Lot with Ample Parking, Pylon Signage, and Easy Ingress/Egress. The Absolute Net Lease is Corporate Guaranteed and has Seven Years Remaining, Has Over $2M in Future Payments as of May 2026 .
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho