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Restaurant Space with Existing Buildout

1612 South Nevada Avenue, Colorado Springs, CO 80906

For Lease
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Signalized access serves a retail corridor with established grocery and restaurant co-tenants.

Space Size2,848 SF
Days on Market43

Property Features for 1612 South Nevada Avenue

General Information

Standard status Active
Size 2,848 SF
Net Rentable 2,848 SF
Property subtype Restaurant

Space & Availability

Available Space 2,848 SF
Contiguous Space 2,848 SF
Space Use Restaurant

Site & Location

Neighborhood Ivywild
Anchor Co-Tenants Natural Grocers, Five Guys, Chick-fil-A
Traffic Count 43,900 vehicles/day

Additional Details

Second-Generation Restaurant Yes
Currently Operating Yes

Spaces For Lease

at 1612 South Nevada Avenue
#110 Active
Size 2,848 SF
Contact us
Listing Agency: Blue West Capital
Listed By: Grace Newman · License CO FA100102828
Source: Crexi
Added: Sep 29 Changed: Nov 8 Last Checked: Nov 10 at 8:05AM

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 Blue West Capital

Rey
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Investment Insights

Based on property information with market context.

This 2,848-square-foot restaurant space has an existing restaurant layout. It is located within a retail center anchored by Natural Grocers, with Five Guys and Chick-fil-A among the other restaurant tenants.

The property fronts South Nevada Avenue in Colorado Springs, where reported traffic volume is 43,900 vehicles per day. Signalized access connects the center to the avenue. Other retailers in the surrounding corridor include Sprouts Farmers Market, Safeway, PetSmart, and Old Navy, along with national restaurant concepts.

Key Highlights

  • 2,848 square feet of restaurant space with an existing restaurant layout
  • Natural Grocers anchors the retail center
  • Five Guys and Chick‑fil‑A are restaurant co‑tenants

Property Analytics

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Open Analytics

Current Use

Five Guys Restaurant Parry's Sliceria & Taps Restaurant Five Guys Bicycle ... Bicycle Rack

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Dental Office Furniture & Home Goods Electrical Service Food Market

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

43,900 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

795
Businesses Nearby
345k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 52% Shops & Services 23% Groceries 18% Electronics 3%
Chick-fil-A Dining
41,637 visits/mo 0.1 miles
Safeway Groceries
35,317 visits/mo 0.3 miles
McDonald's Dining
32,483 visits/mo 0.3 miles
Dollar Tree Shops & Services
17,685 visits/mo 0.3 miles
Sprouts Farmers Market Groceries
16,675 visits/mo 0.1 miles

Demographics for 80906, CO

39,019
Population
16,771
Households
2.3
Avg Household Size
39
Median Age
49%
College-Educated
95%
High-School Grad
45.6 sq mi
ZIP Area
856
Density / Sq Mi
$88,047
Median Household Income
$47,314
Median Earnings
$1,634
Median Rent
$543,400
Median Home Value
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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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Signalized access serves a retail corridor with established grocery and restaurant co-tenants.
Where is this conventional restaurant located?
The property is located at 1612 South Nevada Avenue Colorado Springs, CO.
What are key features of this property?
This property features: 2,848 square feet of restaurant space with an existing restaurant layout; Natural Grocers anchors the retail center; Five Guys and Chick‑fil‑A are restaurant co‑tenants
(720) 764-7351 · Office Call to check price and availability
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