Multi-Tenant Retail Investment Property
NavPoint Real Estate Group is pleased to offer the opportunity to acquire Carefree Shopping Center, a multi-tenant retail complex consisting of 127,812 rentable square feet. Located in central Colorado Springs, this center holds premiere position at the gateway of one of its leading communities and benefits
from a strong daytime population. Carefree Shopping Center offers terrific exposure on Academy Boulevard, one of the city’s key retail streets with over 52,000 cars daily. At 95.51% occupancy, this complex offers investors the opportunity to buy a cash-flowing asset with value-add upside.
- Grocery-anchored neighborhood center with a variety of daily needs services oriented tenants (Grocery anchor closed but still collecting rent)
- Close proximity to area restaurants, retail, and residential
- Premier location at the gateway of Colorado Springs’ leading communities
- Strong daytime population
- Great exposure on Academy Boulevard