Price: $3,594,000 | 6.50% Cap Rate
SIGNALIZED CORNER ON CO‑105 & 2ND ST - 54,000+ VEHICLES PER DAY
The property occupies a high-visibility, signalized hard corner at CO‑105 and 2nd St, a heavily traveled east–west artery through Monument. With over 54,000, this corridor connects residential neighborhoods, schools, and retail hubs directly to I‑25, making the site an ideal location for daily-use services and capturing consistent local and regional traffic.
ABOVE AVERAGE SIZE GREASE MONKEY
The subject property encompasses 5,309 square feet, positioning it at the upper end of Grease Monkey’s typical footprint, which ranges from 1,800 to 4,500 SF. This larger format allows for enhanced operational capacity, including multiple service bays and potential integration of ancillary services such as car washes or detailing.
MONUMENT, CO – AFFLUENT & FAST-GROWING SUBURBAN MARKET
Monument serves as a critical northern gateway to Colorado Springs and has grown its household base by nearly 20% since 2020. The area benefits from in-migration, proximity to military institutions, and a strong employment base across tech, aerospace, and health services.
$170K AVERAGE INCOME IN 5-MILE TRADE AREA
The surrounding 5-mile radius boasts an average household income of $170,396 and a median of $144,726, placing this location in one of the wealthiest submarkets in the Colorado Springs MSA. High income levels, combined with a homeownership rate exceeding 85% and a college-educated majority, create a stable, high-spending customer base—ideal for auto service, food, and daily-use retail concepts.