Sprouts | 1730 Dublin Blvd
Single-tenant Sprouts Farmers Market in Colorado Springs, Colorado, offered at $5,066,000 at a 6.00% cap ($303,960 NOI). The 29,668 SF retail anchor is secured by a corporate lease with approximately eight years remaining, a 10% rent increase scheduled in three years, and additional increases during each option period—positioning this as a stable, income-producing asset with built-in growth.
Built in 1985 and maintained to Class B standards, the single-story building anchors a busy neighborhood shopping center on a 2.57-acre parcel zoned PBC with 65 parking spaces (2.19 spaces per 1,000 SF leased). The property benefits from strong daily-needs grocery demand and is situated near public transportation, bus lines, and the airport. As one of the lowest Sprouts rental rates in Colorado, the lease structure offers passive investors attractive long-term returns and significant residual value potential.
- Single-tenant Sprouts Farmers Market with ~8 years remaining on corporate lease
- 10% rent increase in three years; additional increases during option periods
- One of the lowest Sprouts rental rates in Colorado
- Busy neighborhood shopping center anchor with strong daily-needs grocery demand
- 29,668 SF on 2.57 acres with 65 parking spaces; near public transit and airport
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The Meyer/Matthews Team at SVN Denver Commercial presents an exceptional retail investment opportunity featuring a single-tenant Sprouts Farmers Market in the heart of Colorado Springs. The meticulously maintained property has approximately eight years remaining on its corporate lease, with a 10% rent increase scheduled in three years and additional increases during each option period. As the primary anchor of a busy neighborhood shopping center, the property benefits from a strong daily-needs grocery sector and one of the lowest Sprouts rental rates in Colorado, offering passive investors attractive long-term returns, income growth, and significant residual value potential.