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3440 N Carefree Circle

OFF MARKET (Sold)
3440 North Carefree Circle, Colorado Springs, CO 80917

Property Details

  • Property Type: Investment, Retail
  • Building Size: 19,626 SF
  • Cap Rate: 7%
  • Occupancy: 100%

Overview

Carefree Square is centrally located in Colorado Springs on North Carefree Circle, just off North Academy Boulevard which sees 72,000 cars daily. Academy Boulevard is one of Colorado Springs’ most traveled throughfares. The building is surrounded by class A retailers such as Walgreens, 7-Eleven, Wendy’s, Bank of America, and more. Carefree Square’s location benefits from constant traffic to the trade area.

The property is situated near various apartment complexes, as well as senior living facilities, attracting many residents to their location. Located just across Carefree Circle, The Residence at Village Green offers assisted living services to active seniors. With more than 11 communities directly surrounding the property, Carefree Square is highly visible to a variety of people.

Contact brokers for full offering memorandum, including detailed financials.

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