Neighborhood Shopping
For Sale
Contact for pricing
1825-1865 N Circle Dr, Colorado Springs, CO 80909
Nearly full occupancy, recent tenant renovations, and broad roof replacement support the center’s current operating profile.
Property SizeContact for details
Days on Market143
Property Features for 1825-1865 N Circle Dr
General Information
Standard status
Active
Property subtype
Retail
Occupancy
98%
Building Details
Tenancy
Multi
Listing Agency:
SVN | Denver Commercial Denver
(303) 632-8784
Listed By:
Troy Meyer · License #CO EA40031211
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 3:35PM
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 SVN | Denver Commercial Denver
Investment Insights
Based on property information with market context.
North Circle Plaza is a neighborhood shopping center at 1825-1865 N Circle Dr in Colorado Springs. The tenant roster includes Subway and Family Dollar, both of which have recently completed substantial store renovations. Property-level capital work includes a new roof across nearly the entire center, along with other improvements made in recent years.
The center is currently 98% occupied, with lease expirations distributed across different periods rather than concentrated in one year. Existing lease terms include annual rent increases. The property’s projected 10-Yr IRR is over 18.5%, and the asset is offered for sale as an operating retail center.
The center is currently 98% occupied, with lease expirations distributed across different periods rather than concentrated in one year. Existing lease terms include annual rent increases. The property’s projected 10-Yr IRR is over 18.5%, and the asset is offered for sale as an operating retail center.
Key Highlights
- 98% current occupancy
- Subway and Family Dollar have recently renovated their stores
- New roof installed across nearly the entire property
Property Analytics
Current Use
Lease Details
98%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
454
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 32%
Dutch Bros. Coffee
Dining
17,725 visits/mo
0.3 miles
Dollar Tree
Shops & Services
9,681 visits/mo
0.1 miles
SUBWAY
Dining
2,923 visits/mo
0.1 miles
Demographics for 80909, CO
37,302
Population
16,572
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,722
Density / Sq Mi
$61,777
Median Household Income
$36,894
Median Earnings
$1,227
Median Rent
$352,400
Median Home Value
Market
Vacancy Rate% for Retail in Colorado Springs, CO
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Frequently Asked Questions
What type of property is this?
Shopping center - Nearly full occupancy, recent tenant renovations, and broad roof replacement support the center’s current operating profile.
Where is this shopping center located?
The property is located at 1825-1865 N Circle Dr Colorado Springs, CO.
What are key features of this property?
This property features: 98% current occupancy; Subway and Family Dollar have recently renovated their stores; New roof installed across nearly the entire property
