Press release – 1590 Briargate Boulevard, Colorado Springs, CO 80920
Colorado Springs, CO SVN | Denver Commercial is pleased to announce the sale of 1590 Briargate Boulevard in Colorado Springs, CO. The 1,665 sq. ft. retail sold for $1,310,000.00.
Kevin Matthews & Troy Meyer of the Meyer/Matthews Team with SVN | Denver Commercial represented the seller, JMK Chapel Hills LLC. Jason and Brady Kinsey with Kinsey & Company Real Estate represented the buyer. 
The property sold above list price, showing the demand for a stable, low price-point single tenant drive-thru properties. Went from contract to close in less than 60 days.
“Single Tenant Net Leased Drive-Thru Properties continue to garner robust activity in this market”, said Kevin Matthews. “We received multiple full price offers on the subject property and closed above list price with the buyer that was selected, who was in a 1031 exchange”
About SVN
The Meyer/Matthews team specializes in the sale of retail, office, and medical properties along the Front Range, and STNL assets nationwide. With more than 40 years of combined experience, they have secured numerous transactions valued at more than $1 billion. The team has sold 5 Colorado Investment properties in the last two months.
SVN | Denver Commercial is one of Colorado’s top-producing commercial real estate brokerage firms, with offices in Denver and Fort Collins. The firm assists real estate owners, investors, and occupiers throughout the state of Colorado and beyond by offering strategic advice and execution for property leasing and sales, property management, corporate services, investment management, research and investment strategy, and consulting. Most recently, the firm was recognized as SVN Firm of the Year in 2018 out of 200 offices globally and consistently ranks in the top 10 for production. For more information, visit www.svncolo.com.
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues, and communities. Currently, SVN comprises over 1,600 advisors and staff working in more than 200 offices across the globe. For more information, visit www.svn.com.