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Former Restaurant Space Available
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222 N Wahsatch Ave, Colorado Springs, CO 80903

Former Wendy's restaurant space for lease near downtown.

Space Size2,418 SF
Days on Market155

Property Features for 222 N Wahsatch Ave

General Information

Standard status Active
Size 2,418 SF
Total Parking Spaces 57
Property subtype Restaurant, Retail

Building Details

Building Size 2,418 SF
Year Built 1976
Tenancy Single

Spaces For Lease

at 222 N Wahsatch Ave Contact us

Available Space

Size
2,418 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Olive Real Estate Group
Listed By: Alex Winsor · License #CO FA.100049163
Source: Crexi
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 2:47PM

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 Olive Real Estate Group

Investment Insights

Based on property information with market context.

This property, formerly a Wendy's restaurant, is available for lease. It is located two blocks from downtown, across the street from Palmer High School, and adjacent to McDonald’s, Taco Bell, 7-Eleven, and Taco Star. The surrounding area includes densely populated neighborhoods. The property is suitable for drive-through restaurants, conventional restaurants, retail space, and general commercial real estate purposes.

Key Highlights

  • High‑Traffic Location: Adjacent to McDonald's, Taco Bell, 7‑Eleven, Taco Star.
  • Proximity to Downtown: Two blocks from Downtown.
  • Across from Palmer High School: High visibility and accessibility.

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Pharmacy Pet Grooming Service Furniture & Home Goods Pet Store & Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,716
Businesses Nearby
110k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 72% Shops & Services 19% Hotels & Casinos 6% Electronics 2%
McDonald's Dining
25,596 visits/mo 0.1 miles
Dutch Bros. Coffee Dining
16,776 visits/mo 0.4 miles
Taco Bell Dining
10,363 visits/mo 0.1 miles
Carl's Jr. Dining
9,767 visits/mo 0.2 miles
Wendy's Dining
8,827 visits/mo 0.1 miles

Demographics for 80903, CO

15,944
Population
8,340
Households
1.9
Avg Household Size
34
Median Age
39%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$59,292
Median Household Income
$35,251
Median Earnings
$1,221
Median Rent
$420,000
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Former Wendy's restaurant space for lease near downtown.
Where is this drive through restaurant located?
The property is located at 222 N Wahsatch Ave Colorado Springs, CO.
What are key features of this property?
This property features: High‑Traffic Location: Adjacent to McDonald's, Taco Bell, 7‑Eleven, Taco Star.; Proximity to Downtown: Two blocks from Downtown.; Across from Palmer High School: High visibility and accessibility.
More about this property
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