Map of Property

8775 Highway 24

For Sale

8775 Highway 24, Cascade, CO 80809

This Cascade property for sale is located at 8775 Highway 24. The current listed sale price for 8775 Highway 24 is $1,812,754. 8775 Highway 24 is situated on a lot that is 1.91 acre in size.

Contacts

broker

Tim Leigh

Hoff & Leigh

(719) 630-2277

broker

Holly Trinidad

Hoff & Leigh

(719) 630-2277

Property Details

  • Property Type Retail
  • Property Size 10,225 SF
  • Lot Size 1.91 Acre
  • Date Updated Apr 5, 2024

Now for sale - The Big Foot Self Storage This terrific investment generates approximately $116,004 in actual gross annual rent. Annual expenses are approximately $25,367 which include taxes, insurance, maintenance estimate, and management. The total building area is 10,225 SF broken down into 7 smaller buildings (400 SF), (550 SF), (950 SF), (1,225 SF), (1,500 SF), (2,700 SF), and (3,400 SF). The unit mix is (4 car stalls); (eight 10’ X 5’); (seventeen 10’ x 10’); twenty-two 10’ x 15’); (twenty-one 10’ X 15’); (one 15’ x 15’); and (one 20’ x 20’). The construction is fairly new with no expected deferred maintenance. The land area is 1.91 acres. It is zoned CCR-t. Because it is located between Colorado Springs and Woodland Park this is an excellent passive investment opportunity. It has nearly 400 linear feet of highway frontage which provides very good road-side visibility and easy access for storage customers. The units stay full all the time. (There is currently only 1 vacant unit.) The asking price ($1,812,754) is a 5% cap rate of the NOI. Because this sale is part of the Seller’s retirement strategy, he may be negotiable. Annual property tax is $7,868. The annual property insurance is $6,099.

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Getting around

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  • 1/100

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Location

  • City Cascade, CO
  • Neighborhood Cascade - Chipita Park
  • Zip Code 80809
  • Market Denver

Points of Interest

  • Manitou Springs

    5.01 miles

  • Pikes Peak

    6.12 miles

  • Western

    4.10 miles

  • Sinclair

    6.19 miles

  • Loaf 'N Jug

    6.23 miles

  • Loaf'n Jug

    6.39 miles

  • Loaf'n Jug

    6.70 miles

  • Conoco

    6.75 miles

  • Kum & Go

    7.09 miles

  • ChargePoint

    7.13 miles

  • 7-Eleven

    7.16 miles

  • 7-Eleven

    7.53 miles

  • North Pole Parking Area

    0.78 miles

  • Rainbow Gulch Parking

    4.47 miles

  • Rampart Reservoir Parking Lot

    4.59 miles

  • Pay Parking

    4.94 miles

  • Smischny Parking Lot

    5.05 miles

  • Pay Parking

    5.20 miles

  • Canon Avenue Parking Lot

    5.33 miles

  • Wichita parking lot

    5.47 miles

  • Hiawatha Gardens Parking

    5.63 miles

  • Devil's Playground

    5.86 miles

  • Mildred's Cafe

    1.25 miles

  • The Wines of Colorado

    1.52 miles

  • The Pantry

    2.11 miles

  • Mucky Duck

    2.12 miles

  • Subway

    4.83 miles

  • Marilyn's Pizza

    5.23 miles

  • The Loop

    5.24 miles

  • Sahara Cafe

    5.24 miles

  • Creekside Cuisine & Craft Beer

    5.27 miles

  • The Cliff House

    5.27 miles

  • Walmart Supercenter

    4.81 miles

  • Safeway

    5.73 miles

  • Natural Grocers

    5.75 miles

  • City Market

    6.60 miles

  • Goodwill Industries

    6.66 miles

  • Safeway

    7.13 miles

  • Safeway

    7.32 miles

  • Mountain Naturals

    7.39 miles

  • Commissary

    7.45 miles

  • Safeway

    7.49 miles

In-Depth Research Available for this Property

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