Colorado Springs, CO- Kevin Matthews and Troy Meyer are pleased to announce the sale of 5490 & 5510 Powers Center Point in Colorado Springs. The 15,907 sq. ft. of retail sold for $4,200,000.
Kevin Matthews & Troy Meyer with SVN | Denver Commercial handled the sale between the seller RPS Investment LLC and the buyers A3M2 Family LLC & A&S Realty Investments LLC in this transaction. “The property received multiple offers and went from contract to close in a little over 60 days. We continue to be impressed by the strong demand for Colorado Retail Properties from out of state investors” said Troy Meyer. “The buyers recently sold a large agricultural property in California and have purchased several retail assets across the country, all cash. They liked this one because of the e-commerce resistant tenants and the location in North Colorado Springs right off Powers Blvd in a fast growing area.”