2107 Templeton Gap Rd, Colorado Springs, CO
Stabilized retail center in desirable Patty Jewett area.
- Added:
- Feb 18, 2025
- Days on Market:
- 481
- Last Refresh:
- May 20 at 9:16 pm
Property Features for 2107 Templeton Gap Rd
General Information
- Standard status
- Active
- Size
- 14,730 SF
- Lot size
- 1.04 Acres
- Property subtype
- RETAIL
Listing agent Amanda Miller Luciano License #100049326 (719) 650-9913
Listing office Trent Properties Group (719) 650-9913
Listing date Feb 18, 2025
Source Moodyscre
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 Trent Properties Group
HighLights
- 100% Fully‑Leased: Provides immediate and stable income
- Stabilized Neighborhood Center: Indicates a history of consistent performance
- Desirable Patty Jewett Area: Location is a key attraction
- Strong Local Tenants: Highlights the quality and reliability of the tenant base
- Great Tenant Synergy and Longevity: Suggests a well‑balanced and established business environment
- Diverse Tenant Mix: Includes popular businesses such as Joey's Pizza, Whistle Pig Brewing, and Rohr Coffee
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $282.8k | $19.20 |
| − Vacancy | −$11.3k | −$0.77 |
| EGI | $271.5k | $18.43 |
| − OpEx | −$67.9k | −$4.61 |
| NOI | $203.6k | $13.82 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.81
- Latitude
- 38.8632
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