Offering Memorandum
Property Highlights
- Single Tenant Net-Leased Investment Property
- 2.75 Years Remaining on Double-Net Lease, 14.2% Bump in Option
- Long Term Tenancy and Corporate Guarantee
- Outparcel to Citadel Mall
- Located in Booming Colorado Springs Market
- Price: $4,200,000
- Cap Rate: 7.0%
- Lease Type: Double Net (NN)
- Year Built: 1994
- Building SF: 26,825
- Status: Sold
- Guarantor: Barnes & Noble Inc.