Café Rio - Colorado Springs, CO

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the Café Rio located at 1560 Briargate Blvd in Colorado Springs, Colorado (“Property” or “Asset”). Café Rio is operating on a 12-year absolute NNN lease with ±11.6 years of primary lease term remaining, 10.0% rent escalations every 5-years, two, five-year renewal options and zero landlord responsibilities.

Renowned as one of the busiest, non-interstate locations in the region, Café Rio is positioned just off the intersection of Briargate Blvd and N Academy Blvd, less than a mile south of Interstate 25 with direct accessibility to 195,000 vehicles per day. Café Rio is positioned as an outparcel to Chapel Hills Mall, a 562,000+ square foot enclosed shopping mall.