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    5604 Union Blvd Colorado Springs, CO 80918

    For Lease
    $12 SF/Yr ($10,652 /Mo)

    Prime renovated office space; flexible layouts available.

    Lot size:
    10,652 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This renovated 10,652 square foot retail and office building in central Colorado Springs offers exceptional accessibility to the entire city. Three spaces are currently available, ranging from 1,310 to 2,688 contiguous square feet, with a minimum divisible space of 2,600 square feet. A total of 5,288 square feet is currently vacant. The building is undergoing renovations and is ideally suited for a variety of uses, including medical, office, and retail tenants. The current net-net-net (NNN) rent is $4.30 per square foot. A move-in special offering free rent is currently available. The property is zoned PBC and features multiple tenancies. This presents a unique opportunity for businesses seeking a centrally located, renovated space with flexible lease terms. Inquire today to schedule a viewing and learn more about this exceptional property and the available move-in special.

    Property Features for 5604 Union Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,652 SF
    Total Rate
    10652

    Unit(s) available at that property

    Space
    Suite 5664
    Size
    1,310 SF
    Rate per SF
    $12
    Space
    Suite 5632
    Size
    2,600 SF
    Rate per SF
    $12
    Space
    Suite 5688
    Size
    2,688 SF
    Rate per SF
    $12

    HighLights

    • Move‑in special: Free rent!
    • Renovated retail/office building in central Colorado Springs.
    • Excellent city access.
    • Suitable for medical, office, and retail uses.
    • NNN rent: $4.30/SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Michael Valier Chiropractor Center for Better Balance ... Chiropractor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery 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
    -104.7760383
    Latitude
    38.913113

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    FAQs

    What type of property is this?
    Individual retail property - Prime renovated office space; flexible layouts available.
    Where is this individual retail property located?
    The property is located at 5604 Union Blvd Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Move-in special: Free rent!; Renovated retail/office building in central Colorado Springs.; Excellent city access.
    Request Owner's contact information
    5604 Union Blvd Colorado Springs, CO 80918
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    Colorado Springs, CO 80918
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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
    5604 Union Blvd Colorado Springs, CO 80918
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