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Restaurant Property in Victory Ridge
For Sale
$3,700,000

1856 Democracy, Colorado Springs, CO 80908

New restaurant in a high-traffic mixed-use development.

Property SizeContact for details
Lot Size0.71 Acres
Days on Market655

Property Features for 1856 Democracy

General Information

Standard status Active
Lot size 0.71 Acres
Property subtype Commercial

Amenities

Central air
Central Air Cooling
Composition Roof
Curbs
Forced Air Heating
Gutters
Paved
Paved Parking
Sidewalks

Building Details

Year Built 2023
Listing Agency: CBRE INC
Listed By: JACOB HALLAUER
Source: Corcoran
Added: Nov 18, 2024 Changed: Sep 2 Last Checked: Sep 4 at 7:59AM

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 INC

Investment Insights

Based on property information with market context.

This is a restaurant property located in the Victory Ridge mixed-use development in northern Colorado Springs. The property is situated less than a mile from Interstate 25, with frontage on Interquest Parkway. The surrounding area includes major retailers, large office complexes, entertainment venues, hotels, and residential apartments. The property features a rooftop patio and outdoor seating areas. It is located on the Interquest Parkway corridor.

Key Highlights

  • Brand new restaurant property in Victory Ridge mixed‑use development.
  • Prime location with high visibility and easy access, less than a mile from Interstate 25 and frontage on Interquest Parkway.
  • Rooftop patio and outdoor seating areas designed to attract patrons.

Property Analytics

Current Use

Restaurants

Suggested Use

Top Pick Auto Parts Store Electrical Service Auto Repair Shop Garden Center Carpet & Flooring Store Home Appliance Store

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

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby
Well-served
Demand for This Use

Demographics for 80908, CO

22,811
Population
8,475
Households
2.7
Avg Household Size
41
Median Age
57%
College-Educated
98%
High-School Grad
94.7 sq mi
ZIP Area
241
Density / Sq Mi
$136,117
Median Household Income
$66,840
Median Earnings
$1,460
Median Rent
$673,900
Median Home Value

Market

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?
Restaurant - New restaurant in a high-traffic mixed-use development.
Where is this restaurant located?
The property is located at 1856 Democracy Colorado Springs, CO.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Brand new restaurant property in Victory Ridge mixed‑use development.; Prime location with high visibility and easy access, less than a mile from Interstate 25 and frontage on Interquest Parkway.; Rooftop patio and outdoor seating areas designed to attract patrons.
More about this property
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