3634 Jeannine Drive, Colorado Springs, CO 80917
5-unit strip center on C5/CR zoned land with retail frontages and rear overhead doors.
- Added:
- Aug 11, 2025
- Days on Market:
- 310
- Last Refresh:
- Jun 16 at 1:44 am
Property Features for 3634 Jeannine Drive
General Information
- Standard status
- Active
- Size
- 8,100 SF
- Lot size
- 0.57 Acres
- Property subtype
- Retail
Listing agent Tim Leigh License #ER.100022369 (719) 337-9551
Listing office Hoff & Leigh (719) 337-9551
Listing date Aug 11, 2025
Source Hoffleigh
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 Hoff & Leigh
HighLights
- 5‑unit strip center totaling 8,100 SF on 25,000 SF of C5/CR zoned land
- C5/CR zoned property with retail‑style front areas and rear overhead doors for each unit
- New roof; four of the five RTUs were just replaced
- Each unit has short‑term leases and is currently paying below market rents
- Tenants include a steady mix of mom‑and‑pop businesses with consistent rent payment track records
Overview
The center is located near Academy & Austin Bluffs at 3634 Jeannine Drive in Colorado Springs. The property configuration is designed around multiple storefront units, which can be appealing for operators looking for individual retail spaces within a compact neighborhood shopping format.
This property may fit buyers seeking a multi-tenant retail asset with unit-level storefronts and convenient rear overhead door access. The current occupancy is described as a steady mix of small, “mom & pop” businesses with consistent rent payment history. For additional details and confidential financial information, the listing notes that a private showing can be arranged by contacting Tim Leigh or Holly Trinidad.
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 | $145.8k | $18.00 |
| − Vacancy | −$6.6k | −$0.81 |
| EGI | $139.2k | $17.19 |
| − OpEx | −$41.8k | −$5.16 |
| NOI | $97.5k | $12.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.7594532
- Latitude
- 38.8859985
