Blue West Capital is pleased to exclusively offer for sale a single tenant net leased Firestone located in Colorado Springs, CO.  Firestone is an investment-grade rated tenant (S&P: A).  The brand new construction property has a long-term lease with over 13.5 years remaining and no landlord responsibilities. The lease also features rental increases every five years in the primary term and renewal options. Bridgestone/Firestone is the largest manufacturer of tires in the world and is publicly traded with a market capitalization of $26 billion

Colorado Springs is the second-most populous city in Colorado.  The property sits in a dynamic and rapidly expanding northern Colorado Springs retail trade area and is positioned adjacent to InterQuest Marketplace, a ±900,000 square foot mixed-use development.  The affluent area boasts of $147,000 average household incomes within three miles.

• Located in Colorado Springs, the 2nd most populous city in Colorado
• Firestone is an investment grade rated tenant (S&P: A)
• Long term lease with over 13.5 years remaining
• Absolute triple net lease with zero landlord responsibilities 
• Dynamic and rapidly expanding North Colorado Springs retail trade area and positioned adjacent to InterQuest Marketplace, a 900,000+ SF mixed-use development 
• Brand-new construction building (2021)
• Affluent surrounding area with average household incomes in excess of $147,000 within three miles
• Rapidly expanding area with 3.64% projected annual population growth within one mile 
• Fixed rental increases every five years during the primary term and options 
• Close proximity to the U.S. Air Force Academy with 4,307 students and 1 million visitors annually
• Directly across the street from the first In-N-Out in Colorado and in immediate proximity to In-N-Out’s 250,000 SF corporate campus and distribution center
• Located just off the heavily trafficked signalized intersection of Voyager Parkway & InterQuest Parkway (50,000+ VPD)
• Across the street from New Life Church with more than 10,000 members
• Just west of Interstate 25 (107,000 VPD)
• Bridgestone/Firestone is the largest manufacturer of tires in the world and is publicly traded with a market capitalization of $26 billion

OFFERING SUMMARY

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