Search
Former Restaurant Retail Suite
For Lease
Contact for pricing

405-525 S Circle Dr, Colorado Springs, CO 80910

Suite 509 was previously operated as a full-service restaurant and can be reverted to general retail use.

Property Size2,851 SF
Days on Market57

Property Features for 405-525 S Circle Dr

General Information

Standard status Active
Size 2,851 SF
Property subtype RETAIL
Lease Type SF/yr

Additional Details

Space Use Retail
Listing Agency: Miramont Commercial Real Estate
Listed By: Timothy Agee
Source: Moodyscre
Added: Jun 5 Changed: Jul 28 Last Checked: Jul 31 at 1:47PM

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 Miramont Commercial Real Estate

Investment Insights

Based on property information with market context.

Suite 509 is a former full-service restaurant space that can be easily reverted to general retail use. The unit offers a ready-made setup for a range of retail or service-oriented businesses seeking an adaptable layout.

The property is located at 405-525 S Circle Dr in Colorado Springs, CO 80910.

Available for lease, this suite’s restaurant past supports its suitability for concepts that need an established commercial buildout while still allowing conversion to retail operations.

Key Highlights

  • Suite 509 is a former full‑service restaurant space
  • Can be easily reverted to general retail use
  • Suitable for retail or service‑oriented business use

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Restaurant Hotel & Motel

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

953
Businesses Nearby
45k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 51% Shops & Services 49%
Save-A-Lot Groceries
22,931 visits/mo 0.1 miles
Maverik Adventures First Stop Shops & Services
14,231 visits/mo 0.1 miles
Family Dollar Shops & Services
7,688 visits/mo 0.1 miles

Demographics for 80910, CO

30,991
Population
13,940
Households
2.2
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
6.1 sq mi
ZIP Area
5,080
Density / Sq Mi
$56,681
Median Household Income
$37,110
Median Earnings
$1,299
Median Rent
$276,900
Median Home Value

Market

Lease Benchmarks for Colorado Springs, CO

$16.83 /SF/Yr
Avg Asking Price
$12–$26 /SF/Yr
Price Range
5,380 SF
Avg Space Size

This space is priced 29% below the average of $16.83 /SF/Yr.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Suite 509 was previously operated as a full-service restaurant and can be reverted to general retail use.
Where is this retail space located?
The property is located at 405-525 S Circle Dr Colorado Springs, CO.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Suite 509 is a former full‑service restaurant space; Can be easily reverted to general retail use; Suitable for retail or service‑oriented business use
(719) 229-1585 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message