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Grocery-Anchored Retail Space
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8750 N Union Blvd, Colorado Springs, CO 80920

The center pairs a Safeway anchor with on-site parking and multiple access points.

Space Size1,200 SF
Days on Market8

Property Features for 8750 N Union Blvd

General Information

Standard status Active
Size 1,200 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Road Access Yes

Spaces For Lease

at 8750 N Union Blvd
8750 N Union Blvd $26/SF/Yr
Floor 1
Size 1,200 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
Union Town Center is a high-traffic retail destination strategically located at the northwest corner of Union Boulevard and Research Parkway—two of the most prominent arterial roads in Colorado Springs. Situated in the desirable Briargate neighborhood, the center benefits from excellent visibility, convenient access, and strong daily traffic counts of over 22,000 vehicles per day at the intersection. Anchored by Safeway and surrounded by national brands including Walgreens, Wells Fargo, Subway, Taco Bell, and Pizza Hut, Union Town Center offers a dynamic tenant mix that draws consistent foot traffic. The property is supported by exceptional demographics, with an average household income exceeding $125,000 within a 3-mile radius and a population of over 85,000. Ample parking and multiple access points further enhance the convenience and appeal for both customers and tenants.
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Listing Agency: Cushman & Wakefield | Colorado Springs Commercial
Listed By: Patrick Kerscher · License #4045627
Source: Moodyscre
Added: Sep 30 Changed: Oct 3 Last Checked: Oct 5 at 6:50PM

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

Investment Insights

Based on property information with market context.

This 1,200-square-foot retail space is part of Union Town Center, a retail property anchored by Safeway. On-site parking and multiple access points serve the center’s visitors and tenants. Other businesses at the property include Walgreens, Wells Fargo, Subway, Taco Bell and Pizza Hut.

The center occupies the northwest corner of Union Boulevard and Research Parkway in Colorado Springs. More than 22,000 vehicles pass through the intersection each day. Within a 3-mile radius, the population exceeds 85,000 and average household income is above $125,000.

Key Highlights

  • 1,200‑square‑foot retail space at Union Town Center
  • Safeway‑anchored center with Walgreens, Wells Fargo, Subway, Taco Bell and Pizza Hut
  • Northwest corner of Union Boulevard and Research Parkway

Property Analytics

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Current Use

Safeway Grocery & Convenience Store Safeway Pharmacy Pharmacy Starbucks Cafe & Coffee Shop Primo Water Refill ... Big Box & Wholesale Store Western Union Bank

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Auto Repair Shop Big Box & Wholesale 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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

436
Businesses Nearby
63k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 46% Dining 30% Shops & Services 21% Beauty & Spa 4%
Safeway Groceries
29,003 visits/mo 0.1 miles
Taco Bell Dining
11,913 visits/mo 0.1 miles
Circle K Shops & Services
7,143 visits/mo 0.0 miles
Wells Fargo Shops & Services
4,710 visits/mo 0.1 miles
Pizza Time Dining
2,751 visits/mo 0.2 miles

Demographics for 80920, CO

39,540
Population
14,631
Households
2.7
Avg Household Size
37
Median Age
53%
College-Educated
97%
High-School Grad
12.4 sq mi
ZIP Area
3,189
Density / Sq Mi
$111,233
Median Household Income
$50,927
Median Earnings
$1,955
Median Rent
$484,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Colorado Springs, CO

$22.57 /SF/Yr
Avg Asking Price
$9–$44 /SF/Yr
Price Range
4,776 SF
Avg Space Size

This space is priced 15% above the average of $22.57 /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
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Frequently Asked Questions

What type of property is this?
Retail space - The center pairs a Safeway anchor with on-site parking and multiple access points.
Where is this retail space located?
The property is located at 8750 N Union Blvd Colorado Springs, CO.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 1,200‑square‑foot retail space at Union Town Center; Safeway‑anchored center with Walgreens, Wells Fargo, Subway, Taco Bell and Pizza Hut; Northwest corner of Union Boulevard and Research Parkway
(719) 321-8162 Call to check price and availability
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