Colorado Springs, CO, July 14, 2022- SVN | Denver Commercial is pleased to announce the sale of 162 Tracker Drive in Colorado Springs. The 8,878 sq. ft. retail property was purchased for $4,811,760.

Troy Meyer and Kevin Matthews with SVN | Denver Commercial represented the Seller, A3M2 FAMILY, LLC, and A&S Realty Investment, LLC.  Ryan Ward with SVN | Vanguard, San Diego, represented the buyer, RAINIER AVENUE, LLC.

“The seller purchased this property just before the pandemic hit and fortunately, they were able to replace the 3 tenants they lost during that time,” said Troy Meyer. “This is a fantastic location and it is only getting better with the completion of the I-25/Powers interchange and the number of new apartments in the immediate area, which will provide an even stronger customer base for tenants in this center.”

About The Team

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 10 Colorado Investment properties in the last several months and 26 since the beginning of 2020.