Colorado Springs 7 Brew property near Garden of the Gods sells for $1.825 million

The Boulder Group announced the sale of two single-tenant, ground-leased properties: a 7 Brew drive-thru coffee shop in Colorado Springs fetched $1,825,000, and a Raising Cane’s restaurant in Peoria, Illinois sold for $2,525,000. The Colorado Springs property at 410 S 26th Street sits on a high-traffic corner near Historic Old Colorado City with proximity to Garden of the Gods, Pikes Peak, and major retailers, and is anchored in a region with a sizable one- to five-mile population and strong local employers. The Raising Cane’s at 4200 North Sterling Avenue in Peoria is an outparcel to Northwoods Mall, located in a trade area with robust daily traffic counts and a population over 115,000 within five miles. In both transactions, The Boulder Group represented the seller, with the Peoria deal noting the buyer as a West Coast-based individual completing a 1031 exchange and the seller described as a Midwest-based developer. The reports collectively emphasize The Boulder Group’s ongoing activity in the net-leased investment market across diverse Midwestern and Mountain West metro areas. These deals also illustrate the firm’s pattern of placing single-tenant properties with national brands in high-visibility locations within expanding MSAs such as Peoria and Colorado Springs.