2302 Devereux Rd Glenwood Springs, CO
Retail/showroom building with I-70 access and high visibility.
- Added:
- Nov 25, 2025
- Days on Market:
- 228
- Last Refresh:
- May 20 at 9:04 pm
Property Features for 2302 Devereux Rd
General Information
- Standard status
- Active
- Size
- 29,519 SF
- Lot size
- 1.13 Acres
- Property subtype
- RETAIL
Listing office Cushman & Wakefield | Colorado Springs Commercial (719) 322-3078
Listing date Nov 25, 2025
Source Moodyscre
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 Cushman & Wakefield | Colorado Springs Commercial
Investment Insights
Based on property information with market context.
Key Highlights
- Exceptional I‑70 visibility and access in a high‑traffic location.
- Freestanding retail/showroom building with contemporary mountain architecture.
- Generous on‑site parking and efficient site circulation.
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 | $531.3k | $18.00 |
| − Vacancy | −$21.3k | −$0.72 |
| EGI | $510.1k | $17.28 |
| − OpEx | −$153.0k | −$5.18 |
| NOI | $357.1k | $12.10 |
Alternative Uses
Property Analytics
Current Use by Public Records
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