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Retail Space in Spring Creek
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1640 S Circle Dr, Colorado Springs, CO

Retail space for lease in growing Spring Creek community.

Space Size513 SF - 2,370 SF
Lot Size10.74 Acres
Days on Market516

Property Features for 1640 S Circle Dr

General Information

Standard status Active
Size 513 SF - 2,370 SF
Lot size 10.74 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1640 S Circle Dr Contact us

1640 S Circle Dr $18 – $24/SF/Yr

Floor
1
Size
513 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- New Anchor: Grocery anchor opening at this location Q3 2025 - Location: Situated...
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1650 S Circle Dr $18 – $24/SF/Yr

Floor
1
Size
1,600 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- New Anchor: Grocery anchor opening at this location Q3 2025 - Location: Situated...
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1710 S Circle Dr $18 – $24/SF/Yr

Floor
1
Size
2,370 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- New Anchor: Grocery anchor opening at this location Q3 2025 - Location: Situated...
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1714 S Circle Dr $18 – $24/SF/Yr

Floor
1
Size
1,495 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- New Anchor: Grocery anchor opening at this location Q3 2025 - Location: Situated...
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1720 S Circle Dr $18 – $24/SF/Yr

Floor
1
Size
2,028 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- New Anchor: Grocery anchor opening at this location Q3 2025 - Location: Situated...
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Contact us

1722 S Circle Dr $18 – $24/SF/Yr

Floor
1
Size
1,251 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- New Anchor: Grocery anchor opening at this location Q3 2025 - Location: Situated...
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Contact us

1728 S Circle Dr $18 – $24/SF/Yr

Floor
1
Size
1,212 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- New Anchor: Grocery anchor opening at this location Q3 2025 - Location: Situated...
show more
Contact us
Listing Agency: KCRE Advisors
Listed By: Greg Kaufman · License #FA.040021138
Source: Moodyscre
Added: Apr 16, 2025 Changed: Aug 8 Last Checked: Sep 13 at 10:46AM

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 KCRE Advisors

Investment Insights

Based on property information with market context.

This retail space is located at the northwest corner of S. Circle Dr. and Monterey Rd in the Spring Creek community. The property features longstanding tenants including Dollar Tree, Taco Express, and EZPawn. Ongoing property improvements are underway, including parking lot repairs, painting, new lighting, and signage. The location provides easy access to major highways. Outdoor exercise equipment, colorful murals, and art installations are present. A grocery anchor is planned to open at this location in Q3 2025. The available space is 1212 square feet.

Key Highlights

  • New Grocery Anchor (Q3 2025): Attracts significant foot traffic and increases property value.
  • Strategic Location: Northwest corner of S. Circle Dr. and Monterey Rd. in growing Spring Creek.
  • Ongoing Property Improvements: Includes parking lot repairs, painting, new lighting, and signage.

Property Analytics

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Open Analytics

Current Use

Friday's food trucks Restaurant Breakfast Beauties Restaurant The Breakfast Shack Restaurant Kolache Shack Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Pharmacy Restaurant

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby
36k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar Tree Shops & Services
10,990 visits/mo 0.1 miles
Dollar General Shops & Services
9,132 visits/mo 0.1 miles
Diamond Shamrock Shops & Services
6,553 visits/mo 0.1 miles
7-Eleven Shops & Services
3,172 visits/mo 0.2 miles
Extra Space Storage Shops & Services
2,049 visits/mo 0.1 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Colorado Springs, CO

$21.25 /SF/Yr
Avg Asking Price
$9–$34 /SF/Yr
Price Range
1,838 SF
Avg Space Size

This space is priced 15% below the average of $21.25 /SF/Yr.

Vacancy Rate% for Retail in Colorado Springs, CO

5.9% 2020
5.5% 2021
5% 2022
6.3% 2023
6.4% 2024
6.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail space for lease in growing Spring Creek community.
Where is this strip mall located?
The property is located at 1640 S Circle Dr Colorado Springs, CO.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: New Grocery Anchor (Q3 2025): Attracts significant foot traffic and increases property value.; Strategic Location: Northwest corner of S. Circle Dr. and Monterey Rd. in growing Spring Creek.; Ongoing Property Improvements: Includes parking lot repairs, painting, new lighting, and signage.
(719) 229-8041 Call to check price and availability
More about this property
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