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Retail Development in Growing Community
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11950 Tourmaline Dr, Peyton, CO 80831

New retail development serving rapidly expanding demographic community.

Space Size1,707 SF - 2,408 SF
Property Size13,956 SF
Days on Market1543

Property Features for 11950 Tourmaline Dr

General Information

Standard status Active
Size 1,707 SF - 2,408 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 13,956 SF
Tenancy Multiple

Spaces For Lease

at 11950 Tourmaline Dr Contact us

Suite 120

Size
2,045 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 140

Size
2,408 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 150

Size
1,707 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Olive Real Estate Group
Listed By: Steve Hunsinger · License #CO FA.000865945
Source: Crexi
Added: Jun 14, 2022 Changed: Aug 24 Last Checked: Aug 31 at 10:53AM

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 Olive Real Estate Group

Investment Insights

Based on property information with market context.

The Shops At Meridian Ranch is a new retail development located in Meridian Ranch. This development presents an opportunity for retailers within a rapidly expanding demographic community. The location currently lacks other retail services within a two-mile radius. The project offers space and sites suitable for various services needed by the Meridian Ranch residents and surrounding neighborhoods. These include gas/convenience stores, neighborhood retail services, restaurants, banks, and other similar establishments.

Key Highlights

  • New retail development in a rapidly expanding demographic community.
  • No other retail services within two miles.
  • Excellent opportunity for retailers.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom Computer & Electronic Repair Auto Repair Shop Electrical Service Tech Support 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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 80831, CO

32,823
Population
11,148
Households
2.9
Avg Household Size
37
Median Age
41%
College-Educated
97%
High-School Grad
188.6 sq mi
ZIP Area
174
Density / Sq Mi
$128,900
Median Household Income
$61,421
Median Earnings
$2,388
Median Rent
$495,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New retail development serving rapidly expanding demographic community.
Where is this retail space located?
The property is located at 11950 Tourmaline Dr Peyton, CO.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: New retail development in a rapidly expanding demographic community.; No other retail services within two miles.; Excellent opportunity for retailers.
(719) 955-1634 Call to check price and availability
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