Fully-Leased Neighborhood Shopping
2107 Templeton Gap Rd Colorado Springs, CO 80907
For Sale
Contact for pricing
Stabilized, 100% fully-leased neighborhood center with 11 local tenants and 14,730 SF in Colorado Springs.
Property Size14,730 SF
Price / SF$268.16
Days on Market527
Property Features for 2107 Templeton Gap Rd
General Information
Standard status
Active
Size
14,730 SF
Property subtype
RETAIL
Listing Agency:
Trent Properties Group
(719) 650-9913
Listed By:
Amanda Miller Luciano · License #100049326
(719) 650-9913
Source:
Moodyscre
Added: Feb 18, 2025
Changed: Jul 29
Last Checked: Jul 29 at 4:55PM
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 Trent Properties Group
Investment Insights
Based on property information with market context.
T-Gap Marketplace is a stabilized neighborhood shopping center that is 100% fully-leased and supported by 11 local tenants. The property totals 14,730 SF and is positioned to serve day-to-day neighborhood demand with a diversified tenant mix.
Tenants listed include Joey's Pizza, Salon 21, All Proper Tattooing, Pride N Joy Pet Grooming, Wildflower Studio, Whistle Pig Brewing, Sasquatch Cookies, Hot Asana Yoga, Rohr Coffee, and Reed Chiropractic.
The center is located in the Patty Jewett area just northeast of Downtown Colorado Springs, with the subject property at 2107 Templeton Gap Rd, Colorado Springs, CO 80907.
Tenants listed include Joey's Pizza, Salon 21, All Proper Tattooing, Pride N Joy Pet Grooming, Wildflower Studio, Whistle Pig Brewing, Sasquatch Cookies, Hot Asana Yoga, Rohr Coffee, and Reed Chiropractic.
The center is located in the Patty Jewett area just northeast of Downtown Colorado Springs, with the subject property at 2107 Templeton Gap Rd, Colorado Springs, CO 80907.
Key Highlights
- Stabilized neighborhood shopping center, 100% fully‑leased
- 11 local tenants listed
- 14,730 SF shopping center
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 | $265.1k | $18.00 |
| − Vacancy | −$11.9k | −$0.81 |
| EGI | $253.2k | $17.19 |
| − OpEx | −$76.0k | −$5.16 |
| NOI | $177.2k | $12.03 |
14,730 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.53M
$2.22M – $2.95M
NOI $177,246 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.91M
$2.55M – $3.39M
NOI $203,628 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Bon Shopping Center — 2300 N Wahsatch Ave, Colorado Springs, CO 80907
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Frequently Asked Questions
What type of property is this?
Shopping center - Stabilized, 100% fully-leased neighborhood center with 11 local tenants and 14,730 SF in Colorado Springs.
Where is this shopping center located?
The property is located at 2107 Templeton Gap Rd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Stabilized neighborhood shopping center, 100% fully‑leased; 11 local tenants listed; 14,730 SF shopping center
