John Winsor Of Olive Real Estate Partners Sells Shops At Dublin Commons In Colorado Springs For $20.5M
5925 Dublin Boulevard & 5935 Dublin Boulevard
$20,500,000
$300/SF
Building Size
68,208 SF
Asset Type
Retail
Closing
Mar 20, 2026
AI
A retail strip center located at 5925 Dublin Boulevard & 5935 Dublin Boulevard in Colorado Springs, CO, was sold for $20,500,000. The property comprises 34,104 square feet, translating to a price per square foot of $601. The properties were constructed in 2016 and 2018.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $20,500,000
- Square Footage: 34,104
- Price Per Square Foot: $601
- Seller: John Winsor - Olive Real Estate Partners
- Brokerage: CBRE
- Broker Representatives: Parker Brown, Matthew Henrichs & Brad Lyons
- Market: Colorado Springs, CO
The transaction was facilitated by CBRE, with Parker Brown, Matthew Henrichs, and Brad Lyons representing John Winsor of Olive Real Estate Partners. The sale involved the Shops at Dublin Commons, a retail center noteworthy for its relatively recent construction dates.
Players
Colorado Springs Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.77%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93