RECESSION-RESISTANT TENANT

Triple Net (NNN) Lease with Corporate Guarantee from BrightPath Behavior. BrightPath Behavior operates a total of 13 locations in Colorado and Texas. Unlike other concepts, BrightPath Behavior offers services that cannot be replaced by internet competition.

STRATEGIC LOCATION & EXCELLENT VISIBILITY

Positioned along Academy Boulevard, the property offers attractive signage and premium exposure to drive-by traffic. Academy Boulevard is one of Colorado Springs most heavily trafficked north-south traffic arterials with an average daily traffic volume in excess of 60,000 cars per day. Brightpath Behavior is surrounded by many national tenants, including Amazon Fulfillment Center, Walmart Supercenter, Home Depot, and Lowes among others.

RECENT CAPITAL IMPROVEMENTS

There have been significant capital improvements in tenant finishes, exterior renovations, new parking lot overlay and striping, storefront glass system, new windows, fenced playground, new signage, and building improvements, providing low capital improvement exposure for an incoming investor.

BOOMING TRADE AREA DEMOGRAPHICS

The Colorado Springs MSA has approximately 260,000 residents in the surrounding area. Millenials are flocking to Colorado Springs at a higher rate than any other U.S. city. Colorado Springs experienced a 14.7 percent millennial growth rate from 2010-2015, leading all other cities in the nation, including hot spots like Denver, Austin, Houston and Seattle. Recent population forecasts showed that Colorado Springs is poised to overtake Denver as the largest city in Colorado by 2050.

AMPLE PARKING

There are 35 dedicated parking spots. (5.83/1,000 square feet).

DENSE INFILL LOCATION

Within a three-mile radius of BrightPath Behavior, there are approximately 117,00 residents with an average household income of $65,895. In addition, there are 113,000 daytime employees within a three-mile radius and over 280,000 within a five-mile radius.

COLORADO SPRINGS RESURGENCE

The population in Colorado Springs exceeds 490,000 people and the city has grown dramatically with a 55 percent increase in population between 1990-2017. This growth has been primarily due to the favorable cost of living, high quality of life, a strong business climate and the area local high tech military bases. Some of the high-tech manufacturing companies that provide a solid base for the area’s economy include Hewlett-Packard, Oracle and Cherwell Software. The areas top public employers include the United States Air Force Academy, Fort Carson and Peterson Air Force Base. These drivers will continue to strengthen the Colorado Springs area and make for a favorable investment climate for years to come.