Partially Leased Retail Flex
For Sale
Contact for pricing
1545 York Rd, Colorado Springs, CO 80918
Partially leased retail/flex building with additional space available at the rear exit of King Soopers.
Property Size5,862 SF
Price / SF$186.80
Days on Market94
Property Features for 1545 York Rd
General Information
Standard status
Active
Size
5,862 SF
Property subtype
RETAIL
Additional Details
Business Included
No
Listing Agency:
Thrive Commercial Partners
(719) 650-3884
Listed By:
Stephen Swiatek · License #CO-100087058
(719) 650-3884
Source:
Moodyscre
Added: Apr 30
Changed: Jul 28
Last Checked: Jul 28 at 6:57PM
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 Thrive Commercial Partners
Investment Insights
Based on property information with market context.
This retail/flex building offers a total of 5,862 square feet with in-place income from a currently occupied portion. One tenant occupies 4,319 square feet, and the remaining 1,543 square feet is available for an owner-user or for lease-up.
The property is located at 1545 York Rd in Colorado Springs, positioned at the exit of King Soopers. The proximity to the area’s primary grocery anchor supports a steady flow of shoppers passing the location throughout the day.
For buyers and owner-users, the layout provides a straightforward combination of occupied space and available square footage within a single retail/flex asset.
The property is located at 1545 York Rd in Colorado Springs, positioned at the exit of King Soopers. The proximity to the area’s primary grocery anchor supports a steady flow of shoppers passing the location throughout the day.
For buyers and owner-users, the layout provides a straightforward combination of occupied space and available square footage within a single retail/flex asset.
Key Highlights
- 5,862 SF retail/flex building offered at $1,095,000
- Partially leased: tenant occupies 4,319 SF for in‑place income
- 1,543 SF additional space available for an owner‑user or lease‑up
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $126.6k | $21.60 |
| − Vacancy | −$7.0k | −$1.19 |
| EGI | $119.7k | $20.41 |
| − OpEx | −$41.9k | −$7.14 |
| NOI | $77.8k | $13.27 |
5,862 SF · lease $21.60/SF/yr · vacancy 5.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.11M
$972.2K – $1.30M
NOI $77,776 @ 7.0% cap · market cap 7.10%
Second Best
Retail
$1.06M
$928.7K – $1.24M
NOI $74,299 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,879 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,003
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Colorado Springs, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Partially leased retail/flex building with additional space available at the rear exit of King Soopers.
Where is this retail space located?
The property is located at 1545 York Rd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: 5,862 SF retail/flex building offered at $1,095,000; Partially leased: tenant occupies 4,319 SF for in‑place income; 1,543 SF additional space available for an owner‑user or lease‑up
