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Retail Space at Signalized Intersection
For Lease
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350 N Union Blvd, Colorado Springs, CO 80909

Established infill setting with on-site parking and convenient ingress and egress.

Space Size15,518 SF
Days on Market50

Property Features for 350 N Union Blvd

General Information

Standard status Active
Size 15,518 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Space Use Retail

Spaces For Lease

at 350 N Union Blvd
350 N Union Blvd AVAILABLE, Now
Floor Bldg
Size 15,518 SF
Type RETAIL
Rate Contact for pricing
Sublease No
350 N Union Boulevard offers a highly visible retail opportunity at the prominent intersection of Union Boulevard and East Platte Avenue, two of central Colorado Springs’ major commercial arterials. The former Walgreens location benefits from excellent access, a signalized intersection, strong frontage, and exposure to approximately 60,000 vehicles per day, creating an ideal setting for retailers, medical users, service businesses, or other high traffic concepts. Situated within a well-established infill trade area, the property is surrounded by dense residential neighborhoods, major employers, medical facilities, retail, restaurants, and everyday services that generate consistent traffic throughout the day. The site also offers ample on-site parking, convenient ingress and egress, and strong connectivity throughout Colorado Springs via Union Boulevard, Platte Avenue/US 24, and nearby connections to the city’s broader arterial network. With an established retail configuration and a central, easily accessible location, 350 N Union Boulevard presents a rare opportunity for a user seeking visibility, accessibility, and a strong surrounding customer base.
Contact us
Listing Agency: Cushman & Wakefield | Colorado Springs Commercial
Listed By: Patrick Kerscher · License #4045627
Source: Moodyscre
Added: Aug 19 Changed: Sep 5 Last Checked: Oct 5 at 6:21PM

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.

The former Walgreens at 350 N Union Boulevard provides 15,518 square feet of retail space at the signalized intersection of Union Boulevard and East Platte Avenue. The property has an established retail configuration, on-site parking, and access points serving customer and business traffic.

The site fronts two major commercial arterials and is exposed to approximately 60,000 vehicles per day. Its surrounding infill trade area includes residential neighborhoods, employers, medical facilities, retailers, restaurants, and everyday services. Connectivity extends through Union Boulevard, Platte Avenue/US 24, and nearby arterial routes serving Colorado Springs.

Key Highlights

  • 15,518 square feet of retail space
  • Signalized intersection of Union Boulevard and East Platte Avenue
  • Approximately 60,000 vehicles per day

Property Analytics

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Current Use

Walgreens Pharmacy Pharmacy Walgreens Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store LibertyX Bitcoin ATM Atm FedEx OnSite Postal Service

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Kitchen & Bath Showroom Plumbing Service Food Market

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,099
Businesses Nearby
97k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 33%
Dutch Bros. Coffee Dining
16,897 visits/mo 0.1 miles
Burger King Dining
15,207 visits/mo 0.1 miles
Starbucks Dining
15,191 visits/mo 0.2 miles
Maverik Adventures First Stop Shops & Services
13,282 visits/mo 0.1 miles
Taco Bell Dining
12,355 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Colorado Springs, CO

$22.57 /SF/Yr
Avg Asking Price
$9–$44 /SF/Yr
Price Range
4,776 SF
Avg Space Size

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?
Retail space - Established infill setting with on-site parking and convenient ingress and egress.
Where is this retail space located?
The property is located at 350 N Union Blvd Colorado Springs, CO.
What are key features of this property?
This property features: 15,518 square feet of retail space; Signalized intersection of Union Boulevard and East Platte Avenue; Approximately 60,000 vehicles per day
(719) 321-8162 Call to check price and availability
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