Starbucks-Anchored Coffee Shop
541 W Hwy 105, Monument, CO 80132
For Sale
Contact for pricing
Partially leased commercial property with additional space for an owner-user or future tenant.
Property Size3,162 SF
Price / SF$442.76
Days on Market101
Property Features for 541 W Hwy 105
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Occupancy
Additional Details
Highway Access
Building Details
Year Built
Tenancy
Listing Agency:
Cushman & Wakefield Colorado Springs Commercial
Listed By:
Patrick Kerscher · License #CO 4045627
(719) 418-4065
Source:
Crexi
Added: Jul 29
Changed: Oct 25
Last Checked: Nov 6 at 7:13AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,162 SF commercial property includes an operating 1,614 SF Starbucks location and 1,548 SF of unoccupied space. The existing coffee shop component remains in place, while the balance provides room for a separate occupant or an owner-user configuration. The building dates to 1971 and carries CC zoning.
Located at 541 W Hwy 105 in Monument, the property sits along the Highway 105 corridor near I-25 and downtown Monument. Its position provides access to the regional highway network and places the asset within the Tri-Lakes area. The combination of an established coffee shop and available commercial space creates a two-part property configuration for an investor or business operator.
Located at 541 W Hwy 105 in Monument, the property sits along the Highway 105 corridor near I-25 and downtown Monument. Its position provides access to the regional highway network and places the asset within the Tri-Lakes area. The combination of an established coffee shop and available commercial space creates a two-part property configuration for an investor or business operator.
Key Highlights
- Existing Starbucks occupies 1,614 SF
- 1,548 SF of commercial space is available
- 3,162 SF total property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,444
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$968,880
$968.9K
Cap Rate 7%
$692,057
$692.1K
Cap Rate 9%
$538,267
$538.3K
Market Conditions
NOI Build-Up for 3,162 SF
Gross rent
$67.9K $21.48/SF
− Vacancy
−$3.3K −$1.05/SF
EGI
$64.6K $20.43/SF
− OpEx
−$16.1K −$5.11/SF
NOI
$48.4K $15.32/SF
Area
El Paso County, CO
Vacancy
4.90%
Lease Rate
$21.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$968,880
Cap Rate 7%
$692,057
Cap Rate 9%
$538,267
Alternative Uses
Best Use
Specialty Retail
$692.1K
$605.6K – $807.4K
NOI $48,444 @ 7.0% cap · market cap 3.46%
Second Best
Retail
$645.9K
$565.2K – $753.6K
NOI $45,214 @ 7.0% cap · market cap 3.23%
Theoretical Best
Multifamily LT 5
$42.16M
$36.89M – $49.19M
NOI $2,951,505 @ 7.0% cap · market cap 210.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80132, CO
27,533
Population
10,413
Households
2.6
Avg Household Size
44
Median Age
58%
College-Educated
98%
High-School Grad
39.9 sq mi
ZIP Area
690
Density / Sq Mi
$155,176
Median Household Income
$62,826
Median Earnings
$2,134
Median Rent
$700,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Coffee shop - Partially leased commercial property with additional space for an owner-user or future tenant.
Where is this coffee shop located?
The property is located at 541 W Hwy 105 Monument, CO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Existing Starbucks occupies 1,614 SF; 1,548 SF of commercial space is available; 3,162 SF total property size
