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Renovating Retail and Office Building
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5604-5676 N Union Blvd, Colorado Springs, CO 80918

Building is currently undergoing renovations and offers retail and office space with current NNNs noted at $4.30 PSF.

Space Size2,688 SF
Days on Market1481

Property Features for 5604-5676 N Union Blvd

General Information

Standard status Active
Size 2,688 SF
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood Vista Grande

Spaces For Lease

at 5604-5676 N Union Blvd
5604 - 5676 N Union Blvd Colorado Springs, CO 80918 $12/SF/Yr
Floor 1
Size 2,688 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
This retail/office building is currently undergoing renovations. It is located in central  Colorado Springs providing easy access to all parts of town! The available spaces could work for many users from medical to office or retail. Current NNNs are $5.65 PSF. Please call for more information and to set up a tour.
Contact us
Listing Agency: Hoff & Leigh
Listed By: Guy Cox · License #FA.100075843
Source: Moodyscre
Added: Oct 11, 2022 Changed: Oct 26 Last Checked: Oct 28 at 10:32AM

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 Hoff & Leigh

Rey
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Investment Insights

Based on property information with market context.

This retail/office building is currently undergoing renovations. Available spaces could support a mix of retail and office uses, with configurations suited to a range of tenants that need adaptable commercial space.

The property is located in central Colorado Springs with easy access to all parts of town. Current NNNs are listed at $4.30 PSF. Please call for more information and to set up a tour.

Key Highlights

  • Retail/office building currently undergoing renovations
  • Central Colorado Springs location with easy access to all parts of town
  • Available spaces could work for medical, office, or retail users

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Food Market Grocery & Convenience Store Cafe & Coffee Shop (Bike/Boat/Book/etc) 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.

Lease Details

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

Location Intelligence

Trade Area within ½ mile

1,763
Businesses Nearby

Demographics for 80918, CO

47,453
Population
20,447
Households
2.3
Avg Household Size
37
Median Age
38%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
3,954
Density / Sq Mi
$82,743
Median Household Income
$42,596
Median Earnings
$1,572
Median Rent
$414,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Colorado Springs, CO

$22.57 /SF/Yr
Avg Asking Price
$9–$44 /SF/Yr
Price Range
4,777 SF
Avg Space Size

This space is priced 47% below the average of $22.57 /SF/Yr.

Vacancy Rate% for Office in Colorado Springs, CO

7.9% 2019
8.1% 2020
9.3% 2021
8.5% 2022
10.6% 2023
9.5% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Building is currently undergoing renovations and offers retail and office space with current NNNs noted at $4.30 PSF.
Where is this retail space located?
The property is located at 5604-5676 N Union Blvd 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: Retail/office building currently undergoing renovations; Central Colorado Springs location with easy access to all parts of town; Available spaces could work for medical, office, or retail users
(719) 357-7494 Call to check price and availability
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