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Downtown Retail Space For Lease
For Lease
$22 SF/Yr

517 South Tejon Street, Colorado Springs, CO 80903

1,618 SF retail space in walkable downtown location.

Space Size1,618 SF - 2,006 SF
Property Size3,825 SF
Days on Market169

Property Features for 517 South Tejon Street

General Information

Standard status Active
Size 1,618 SF - 2,006 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 3,825 SF
Year Built 1956

Spaces For Lease

at 517 South Tejon Street Contact us

517 S Tejon Street $22/SF/Yr

Size
1,618 SF
Type
Street Retail
Term
Negotiable
Contact us

523 S Tejon Street $22/SF/Yr

Size
2,006 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: Miramont Commercial Real Estate
Listed By: Simon Penner
Source: Miramontcre
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 22 at 3:46AM

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.

This 1,618 square foot retail space is available for lease and is situated across from the Trolley Block, known for its restaurants and bars. The unit is clean and well-lit. It features two restrooms and an office. The property benefits from prominent signage and both on and off-street parking options. A non-reserved shared parking lot at the rear of the space is available for employees or customers. The property is located in a prominent south end location and is zoned FBZ-CEN.

Key Highlights

  • Highly walkable location across from the Trolley Block with restaurants and bars.
  • Rare smaller retail space (1,618 SF) in Downtown.
  • Non‑reserved shared parking lot for employees or customers.

Property Analytics

Current Use

Elev8 Glass Gallery ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Veterinary Clinic Wine and Liquor Store

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,022
Businesses Nearby
53k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Dining 36% Hotels & Casinos 22%
Dutch Bros. Coffee Dining
16,776 visits/mo 0.3 miles
SpringHill Suites by Marriott Colorado Springs Downtown Hotels & Casinos
11,361 visits/mo 0.1 miles
7-Eleven Shops & Services
6,746 visits/mo 0.1 miles
Wells Fargo Shops & Services
4,826 visits/mo 0.2 miles
Cycle Gear Shops & Services
4,759 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

Lease Benchmarks for Colorado Springs, CO

$15.77 /SF/Yr
Avg Asking Price
$8–$26 /SF/Yr
Price Range
7,021 SF
Avg Space Size

This space is priced 39% above the average of $15.77 /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
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Frequently Asked Questions

What type of property is this?
Retail space - 1,618 SF retail space in walkable downtown location.
Where is this retail space located?
The property is located at 517 South Tejon Street Colorado Springs, CO.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Highly walkable location across from the Trolley Block with restaurants and bars.; Rare smaller retail space (1,618 SF) in Downtown.; Non‑reserved shared parking lot for employees or customers.
More about this property
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