Colorado Springs, CO, December 19, 2022- SVN | Denver Commercial is pleased to announce the sale of 7676 Dublin Blvd in Colorado Springs, CO. The 3,800 sq. ft. retail property was purchased for $1,900,000. 
Kevin Matthews and Troy Meyer with SVN Denver Commercial acted as Transaction Brokers for the sale between the 1031 Exchange Buyer, Ski Park Avenue, LLC, and the Seller, Dublin 7676, LLC. The property, built in 2021, is occupied by 2 tenants on 10-year NNN leases. Kevin and Troy also sold the adjacent strip center for $6,125,000 in March, 2022.
“This property was a great fit for the buyer’s portfolio, who was seeking a passive investment with long-term NNN leases” said Kevin Matthews. “Overall buyer demand has slowed a bit recently, however we still received multiple offers on this property due to its desirable location, which is surrounded by new neighborhoods that are growing like crazy.”