4235 & 4229 N Nevada St.
Colorado Springs, CO
Small bay with outdoor storage
This property holds massive potential once deferred maintenance is remedied.
Two buildings on the property create opportunities for businesses of different scales. Additionally, a unique yard of notable size has multiple access points and is highly usable for both vehicles and storage.
- 4235 N Nevada sits vacant and takes a while to lease-up.
OUTLOOK & EXIT
- This property should provide for an annualized 9.87 – 10.91% unlevered annualized internal rate of return (IRR) or higher barring a worse than normal recession or unexpected economic shock during the next ten years.