Net Lease
The CDL Schools | 3.61 ACRE IOS NNN Facility
777 Conrad St, Colorado Springs, CO 80915
Listing Price: $3,204,000
Investment Overview
Gross Retail Group is pleased to present for sale the fee-simple interest in a net-leased Industrial Outdoor Storage (IOS) / CDL training facility located at 777 Conrad Street, Colorado Springs, Colorado 80915. Positioned at the nexus of North Powers Boulevard and Highway 24, Colorado Springs' busiest retail and commercial corridor, this site offers exceptional visibility, accessibility, and scarcity value. The property is 100% occupied by The CDL Schools LLC, a national CDL training operator, under a fully executed five-year lease with a five-year renewal option.
Investment Highlights
- 5-Year NNN Lease on Rare Low-Coverage IOS Site in High-Density Infill Area
- CDL Schools LLC Funded a Paved Surface Totaling Approximately 1-Acre of Purpose-Built Maneuvering Area
- The CDL Schools LLC is Backed by Transforce Group, the Largest CDL Driver Staffing and Recruitment Company in the United States, Serving the Full Lifecycle of Commercial Truck Driver Employment
Exclusively Listed By
Financing By
Listing Price: $3,204,000
Investment Highlights
- 5-Year NNN Lease on Rare Low-Coverage IOS Site in High-Density Infill Area
- CDL Schools LLC Funded a Paved Surface Totaling Approximately 1-Acre of Purpose-Built Maneuvering Area
- The CDL Schools LLC is Backed by Transforce Group, the Largest CDL Driver Staffing and Recruitment Company in the United States, Serving the Full Lifecycle of Commercial Truck Driver Employment
Investment Overview
Gross Retail Group is pleased to present for sale the fee-simple interest in a net-leased Industrial Outdoor Storage (IOS) / CDL training facility located at 777 Conrad Street, Colorado Springs, Colorado 80915. Positioned at the nexus of North Powers Boulevard and Highway 24, Colorado Springs' busiest retail and commercial corridor, this site offers exceptional visibility, accessibility, and scarcity value. The property is 100% occupied by The CDL Schools LLC, a national CDL training operator, under a fully executed five-year lease with a five-year renewal option.
Exclusively Listed By
Financing By