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10-Tenant Retail Shopping Center
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6829 Space Village Ave, Colorado Springs, CO 80915

The center includes Dairy Queen, Batteries Plus, and additional local retail tenants.

Property Size14,187 SF
Days on Market143

Property Features for 6829 Space Village Ave

General Information

Standard status Active
Size 14,187 SF
Property subtype Retail
Zoning AO CAD
Net Operating Income $435,000

Financials

Asking Price $5,830,000
Cap Rate 7%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1986
Buildings 1
Tenancy Multi
Listing Agency: Hoff & Leigh Colorado Springs
Listed By: Tim Leigh · License #CO EA314631
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 11:53PM

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 Colorado Springs

Investment Insights

Based on property information with market context.

This non-anchored retail shopping center contains 14,187 SF across 10 tenant spaces on 1.97 acres. Originally constructed in 1986, the property is zoned AO CAD and includes a rooftop satellite tower. The tenant mix includes Dairy Queen, Batteries Plus, and additional typical local strip-center businesses.

The property sits at the intersection of Peterson Road and Colorado State Highway 24, directly adjacent to the north entry point of Peterson Space Force Base. Planned state- and federally funded improvements to the Highway 24 access route include a major roundabout. Four additional pad-site development lots are included in the offering, providing separate land areas for future construction. The site is also immediately proximate to 6,500 planned new homes.

Key Highlights

  • 14,187 SF non‑anchored retail strip center with 10 tenant spaces
  • Located on 1.97 acres and zoned AO CAD
  • Tenant mix includes Dairy Queen and Batteries Plus

Property Analytics

Current Use

ATM Atm Masala Bites | Colorado ... Restaurant

Suggested Use

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

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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

209
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 79% Hotels & Casinos 21%
Loaf 'N Jug Shops & Services
5,876 visits/mo 0.1 miles
Batteries Plus Bulbs Shops & Services
2,325 visits/mo 0.1 miles
Travelodge Hotels & Casinos
1,993 visits/mo 0.1 miles
Conoco Shops & Services
1,946 visits/mo 0.3 miles
Econo Lodge Airport Hotels & Casinos
511 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

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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Frequently Asked Questions

What type of property is this?
Shopping center - The center includes Dairy Queen, Batteries Plus, and additional local retail tenants.
Where is this shopping center located?
The property is located at 6829 Space Village Ave Colorado Springs, CO.
What are key features of this property?
This property features: 14,187 SF non‑anchored retail strip center with 10 tenant spaces; Located on 1.97 acres and zoned AO CAD; Tenant mix includes Dairy Queen and Batteries Plus
(719) 630-2277 Call to check price and availability
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