Renovated Multi-Tenant Shopping
For Sale
Contact for pricing
1325 S Prairie Ave, Pueblo, CO 81005
Two-building commercial property with established tenancy, upgraded building systems, and a resurfaced parking lot.
Property Size13,964 SF
Lot Size0.51 Acres
Price / SF$195.08
Days on Market204
Property Features for 1325 S Prairie Ave
General Information
Standard status
Active
Size
13,964 SF
Lot size
0.51 Acres
Property subtype
Office, Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$245,167
Financials
Asking Price
$3,110,000
Cap Rate
8%
Additional Details
Anchor Co-Tenants
WovenCare
Building Details
Year Renovated
2026
Buildings
2
Units
4
Tenancy
Multi
Listing Agency:
NavPoint Real Estate Group
Listed By:
Brent Ham · License #FA.100068855
(720) 420-7530
Source:
Crexi
Added: Mar 27
Changed: Oct 10
Last Checked: Oct 14 at 11:55PM
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 NavPoint Real Estate Group
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Investment Insights
Based on property information with market context.
Kings Plaza is a renovated shopping center comprising two buildings with 13,964 square feet on 0.51 acres. The property includes multi-tenant office and retail space, with WovenCare identified as a long-term credit tenant. Lease terms include annual rent increases, and the asset reports an 8.0% cap rate.
Located at 1325 S. Prairie Ave in Pueblo, the property sits near the signalized meeting point of S Prairie Ave and W Northern Ave. Reported daily traffic counts are approximately 18,908 vehicles on W Northern Ave and 10,804 vehicles on S Prairie Ave. Nearby retailers include King Soopers, Safeway, Walgreens, Starbucks, Dollar Tree, O’Reilly Auto Parts, AutoZone, and Wells Fargo.
Recent work includes a spray foam roof with a 20-year warranty, six new HVAC units, a resurfaced and restriped parking area, and replacement roof shingles.
Located at 1325 S. Prairie Ave in Pueblo, the property sits near the signalized meeting point of S Prairie Ave and W Northern Ave. Reported daily traffic counts are approximately 18,908 vehicles on W Northern Ave and 10,804 vehicles on S Prairie Ave. Nearby retailers include King Soopers, Safeway, Walgreens, Starbucks, Dollar Tree, O’Reilly Auto Parts, AutoZone, and Wells Fargo.
Recent work includes a spray foam roof with a 20-year warranty, six new HVAC units, a resurfaced and restriped parking area, and replacement roof shingles.
Key Highlights
- 13,964 SF shopping center across two buildings on 0.51 acres
- WovenCare serves as a long‑term credit tenant with annual rent increases
- 8.0% cap rate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153,011
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,060,220
$3.1M
Cap Rate 7%
$2,185,871
$2.2M
Cap Rate 9%
$1,700,122
$1.7M
Market Conditions
NOI Build-Up for 13,964 SF
Gross rent
$209.5K $15.00/SF
− Vacancy
−$5.4K −$0.39/SF
EGI
$204.0K $14.61/SF
− OpEx
−$51.0K −$3.65/SF
NOI
$153.0K $10.96/SF
Area
Pueblo, CO
Vacancy
2.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,060,220
Cap Rate 7%
$2,185,871
Cap Rate 9%
$1,700,122
Alternative Uses
Best Use
Office B
$2.19M
$1.91M – $2.55M
NOI $153,011 @ 7.0% cap · market cap 5.62%
Second Best
Retail
$1.84M
$1.61M – $2.14M
NOI $128,582 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$2.91M
$2.55M – $3.39M
NOI $203,688 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81005, CO
31,327
Population
13,578
Households
2.3
Avg Household Size
44
Median Age
26%
College-Educated
93%
High-School Grad
198.7 sq mi
ZIP Area
158
Density / Sq Mi
$67,500
Median Household Income
$45,198
Median Earnings
$990
Median Rent
$282,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Two-building commercial property with established tenancy, upgraded building systems, and a resurfaced parking lot.
Where is this shopping center located?
The property is located at 1325 S Prairie Ave Pueblo, CO.
What is the asking price?
The asking price for this property is $2,724,078.
What are key features of this property?
This property features: 13,964 SF shopping center across two buildings on 0.51 acres; WovenCare serves as a long‑term credit tenant with annual rent increases; 8.0% cap rate
