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    3705-3737 Drennan Rd Colorado Springs, CO 80910

    For Sale
    $5,750,000

    Fully leased shopping center with new roof and paved parking.

    Property size:
    30,060 SF
    Lot size:
    2.85 Acres

    Property Features for 3705-3737 Drennan Rd

    General Information

    Size
    30,060 SF
    Lot size
    2.85 Acres

    Source: Hoff & Leigh Agent Chris Myers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Leased Shopping Center Investment

    This fully leased shopping center presents an investment opportunity. The property features a recently installed new roof and a freshly paved parking lot. All retail spaces are occupied, providing a stable income stream from established businesses. The property's design includes space for growth and expansion, offering opportunities for new and current tenants. The shopping center is located near a 3.7 million square foot Amazon warehouse, offering enhanced visibility, increased foot traffic, and access to the e-commerce ecosystem. The property has a size of 30060 square feet and is located at 3705-3737 Drennan Road, Colorado Springs, CO.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Southpointe Plaza, Colorado MV Express Kiosk, Pikes Peek Tours, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.7583001
    Latitude
    38.7809992

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    FAQs

    What type of property is this?
    Shopping center - Fully leased shopping center with new roof and paved parking.
    Where is this shopping center located?
    The property is located at 3705-3737 Drennan Rd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $5,750,000.
    What are key features of this property?
    This property features: - Fully leased property provides immediate and stable income stream.; - Strategic location near Amazon's 3.7 million sq ft warehouse increases visibility and foot traffic.; - Recently installed new roof and freshly paved parking lot ensures modern exterior and reduces maintenance costs.
    (719) 650-4627
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    3705-3737 Drennan Rd Colorado Springs, CO 80910
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    Colorado Springs, CO 80910
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3705-3737 Drennan Rd Colorado Springs, CO 80910
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