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Unique Retail and Industrial Units
For Lease
$12 SF/Yr

102 South Chestnut Street, Colorado Springs, CO 80905

Retail and industrial units for lease with land opportunity.

Space SizeContact for details
Lot Size0.50 Acres
Days on Market151

Property Features for 102 South Chestnut Street

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype Retail
Listing Agency: CBRE - Colorado Springs
Listed By: Taylor Stamp · License #FA.100053723
Source: Cbre
Added: Mar 25 Changed: Aug 16 Last Checked: Aug 21 at 7:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Colorado Springs

Investment Insights

Based on property information with market context.

Available for lease are unique retail and industrial units, offering the potential to lease approximately half an acre of land. The property's diverse spaces are suitable for various uses, including general retail, automotive services, makers spaces or woodshops, art studios, and hair salons. Originally constructed as a grain farm, the property retains several historic architectural elements. The available units include: 3,800 square feet at 102 & 104 S Chestnut St; 3,200 square feet at 106 S Chestnut St; and 2,500 square feet at 605 & 607 W Colorado, which can be subdivided into 1,250-square-foot spaces. Located just west of downtown Colorado Springs in an arts district experiencing new developments, the property benefits from high visibility on West Colorado Avenue. It is also within walking distance of major downtown attractions such as Weidner Field, The Olympic Museum, America the Beautiful Park, and numerous restaurants and bars.

Key Highlights

  • Flexible space suitable for a wide variety of uses.
  • Located in a rapidly developing arts district near downtown Colorado Springs.
  • Excellent visibility on West Colorado Avenue.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Supermarket Fish Market Adult Day Care Clothing & Fashion Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,097
Businesses Nearby

Demographics for 80905, CO

17,592
Population
8,933
Households
2
Avg Household Size
38
Median Age
39%
College-Educated
92%
High-School Grad
5.1 sq mi
ZIP Area
3,449
Density / Sq Mi
$64,496
Median Household Income
$40,876
Median Earnings
$1,449
Median Rent
$349,500
Median Home Value

Market

Lease Benchmarks for Colorado Springs, CO

$15.77 /SF/Yr
Avg Asking Price
$8–$26 /SF/Yr
Price Range
7,021 SF
Avg Space Size

This space is priced 24% below the average of $15.77 /SF/Yr.

Vacancy Rate% for Industrial in Colorado Springs, CO

4.9% 2019
5.5% 2020
4.7% 2021
4.9% 2022
3.5% 2023
3.8% 2024
5.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail and industrial units for lease with land opportunity.
Where is this retail space located?
The property is located at 102 South Chestnut Street Colorado Springs, CO.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Flexible space suitable for a wide variety of uses.; Located in a rapidly developing arts district near downtown Colorado Springs.; Excellent visibility on West Colorado Avenue.
More about this property
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