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    412 8Th St Colorado Springs, CO 80905

    Sponsored
    For Lease
    $15 SF/Yr ($13,041 /Mo)

    Prime 8th Street Retail Space Available

    Lot size:
    10,433 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional single-story retail property, located at 412 S 8th St in Colorado Springs, CO 80905, offers 10,433 square feet of total building space on a generous 32,043 square foot lot. The property features a strip retail configuration with multiple tenancies, presenting a unique opportunity for businesses seeking high-visibility locations. Currently, there are two available spaces ranging from 982 to 2,350 square feet, providing flexibility for various retail concepts. The property's convenient location in El Paso County ensures excellent access to a thriving customer base. The property's APN is 7413313137. With 3,332 square feet currently vacant, this presents a chance to establish a presence in a well-established commercial area. The building's single-story design offers easy accessibility and efficient use of space. This property is ideal for businesses seeking a strong foothold in a dynamic Colorado Springs market. The ample lot size provides ample parking and potential for future expansion. This is a rare opportunity to secure prime retail space in a high-traffic area. Don't miss out on this chance to establish your business in a vibrant and growing community.

    Property Features for 412 8Th St

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,433 SF
    Total Rate
    13041.25

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Suite 414
    Size
    982 SF
    Rate per SF
    $15
    Space
    Suite 422
    Size
    2,350 SF
    Rate per SF
    $15

    HighLights

    • Highly motivated landlord seeking long‑term tenant.
    • Below‑market lease rates available.
    • Excellent location at S 8th St & Hwy 24 intersection.
    • Directly across from Hobby Lobby.
    • High visibility and traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sugarplum Cake Shoppe Bakery

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Law Firm Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.84130971
    Latitude
    38.82791449

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    FAQs

    What type of property is this?
    Strip mall - Prime 8th Street Retail Space Available
    Where is this strip mall located?
    The property is located at 412 8Th St Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Highly motivated landlord seeking long-term tenant.; Below-market lease rates available.; Excellent location at S 8th St & Hwy 24 intersection.
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    412 8Th St Colorado Springs, CO 80905
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    412 8Th St Colorado Springs, CO 80905
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