1817 - 1873 Peterson Rd, Colorado Springs, CO 80915
For-sale retail strip center offered with a stated 6.20% cap rate.
- Added:
- Jun 18, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 24 at 2:58 am
Property Features for 1817 - 1873 Peterson Rd
General Information
- Standard status
- Active
- Size
- 13,200 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1974
Listing office NAI Highland, LLC (719) 577-0044
Listing date Jun 18, 2026
Source Crexi
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 NAI Highland, LLC
HighLights
- Retail strip center built in 1974
- Offered with a stated 6.20% cap rate
- Total building size: 13,200 SF
Overview
The property is located at 1817 - 1873 Peterson Rd in Colorado Springs, Colorado (80915). The information provided does not specify individual unit configurations, tenant mix, or any particular site improvements beyond the retail strip center format.
For investors or owner-operators looking for a retail-focused asset, this property’s stated cap rate and defined overall size make it a straightforward candidate for underwriting within a retail shopping center portfolio. Tenants and brokers evaluating the space will likely want to confirm unit-level details, current occupancy status, and the specific terms of the sale during due diligence, as those specifics are not included in the provided materials.
Local Financial Insights For Retail
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 | $237.6k | $18.00 |
| − Vacancy | −$10.7k | −$0.81 |
| EGI | $226.9k | $17.19 |
| − OpEx | −$68.1k | −$5.16 |
| NOI | $158.8k | $12.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.7001418
- Latitude
- 38.8585238
