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Retail Shopping Center with Monument Signage
New
For Lease
$13 SF/Yr

5819-5883 Palmer Park Boulevard, Colorado Springs, CO 80915

Corner center offers ample parking and co-tenancy with food, service, and specialty retailers.

Property Size30,740 SF
Days on Market5

Property Features for 5819-5883 Palmer Park Boulevard

General Information

Standard status Active
Size 30,740 SF
Property subtype Retail
Lease Type NNN
Lease Term NNN

Building Details

Building Size 30,740 SF
Tenancy Multi
Listing Agency: Hoff & Leigh
Listed By: Holly Trinidad · License #ER.100022369
Source: Hoffleigh
Added: Jul 28 Changed: Jul 31 Last Checked: Jul 31 at 6:38PM

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

Investment Insights

Based on property information with market context.

Retail space is available within the shopping center at 5819-5883 Palmer Park Boulevard in Colorado Springs. The center includes a varied mix of existing businesses, including Powers Liquor Mart, Slingers Smokehouse and Saloon, Batch Slapped Brewery, Asian Cuisine, a tattoo shop, Cards and Comics, a salon, a donut shop, and a vape and smoke shop. A VASA fitness facility is also identified as future co-tenancy.

The property sits at the corner of North Powers Boulevard and Palmer Park Boulevard, faces Powers Boulevard, and offers monument signage and ample parking. The center is available for lease and provides an established retail setting with food, specialty retail, personal service, and entertainment-oriented businesses already operating on site.

Key Highlights

  • Located at the corner of North Powers Boulevard and Palmer Park Boulevard
  • Existing co‑tenancy includes Powers Liquor Mart, Slingers Smokehouse and Saloon, and Batch Slapped Brewery
  • Future VASA fitness facility identified within the center

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Pharmacy Spa & Massage Center Nail Salon

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

649
Businesses Nearby
331k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 46% Dining 32% Shops & Services 17% Groceries 3%
Walmart Superstores
150,898 visits/mo 0.2 miles
Golden Corral Dining
21,825 visits/mo 0.4 miles
Taco Bell Dining
18,886 visits/mo 0.3 miles
Wendy's Dining
16,851 visits/mo 0.3 miles
Starbucks Dining
14,486 visits/mo 0.3 miles

Demographics for 80915, CO

22,548
Population
9,434
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
94%
High-School Grad
7.9 sq mi
ZIP Area
2,854
Density / Sq Mi
$67,761
Median Household Income
$38,968
Median Earnings
$1,424
Median Rent
$328,200
Median Home Value

Market

Lease Benchmarks for Colorado Springs, CO

$13.8 /SF/Yr
Avg Asking Price
$9–$26 /SF/Yr
Price Range
23,689 SF
Avg Space Size

This space is priced 6% below the average of $13.8 /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
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Similar Off Market Nearby

  • Powers Center — 5851 Palmer Park Blvd, Colorado Springs, CO 80915

Frequently Asked Questions

What type of property is this?
Shopping center - Corner center offers ample parking and co-tenancy with food, service, and specialty retailers.
Where is this shopping center located?
The property is located at 5819-5883 Palmer Park Boulevard Colorado Springs, CO.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Located at the corner of North Powers Boulevard and Palmer Park Boulevard; Existing co‑tenancy includes Powers Liquor Mart, Slingers Smokehouse and Saloon, and Batch Slapped Brewery; Future VASA fitness facility identified within the center
More about this property
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