BURGER KING | $3,300,971 | 5.15% CAP
The Deltondo Advisory Group and Marcus & Millichap are pleased to present for sale the fee simple interest in this single-tenant Burger King located at 1364 InterQuest Parkway, Colorado Springs, CO 80921.
Burger King will hold a 20-Year Absolute-Net lease that will commence at the close of escrow. The tenant has Four, 5-Year options with 5% increases every 5-Years.
The subject property is comprised of 3,800 square feet built-to-suit for Burger King. The building sits on 1 Acre just off InterQuest Parkway a brand-new development on the North End Colorado Springs. InterQuest Marketplace features Great Wolf Lodge, Regal Theater, The Summit, Cheddar’s and Colorado Mountain Brewery with many more developing projects.
Caddy corner to Burger King, Victory Ridge a brand-new mixed-use development being constructed with an integrated blend of office space, retail, entertainment, residential and hotel. The most recent addition to the plan is the incorporation of a 40-acre site the future Scott Hall Sports Complex. Being developed by the Scott Hall Field of Dreams Foundation, the sports complex will attract young, active families to the area. An estimated 250,000 annual visitors will spend approximately
$20,000,000 in the surrounding area.
1364 InterQuest Parkway
Colorado Springs, CO