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11950 Tourmaline Dr Peyton, CO 80831

For Lease
$25 SF/Yr

Peyton, CO: Prime Retail Opportunity

Lot size:
13,956 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
The Shops at Meridian Ranch, Building E, presents a unique investment opportunity in the rapidly growing Peyton, Colorado market. This single-story, 13,956 square foot retail strip center sits on a 3.42-acre lot and is zoned CR (Commercial Regional) in El Paso County. Currently, 6,160 square feet of space is available, divisible into units ranging from 1,707 to 2,408 contiguous square feet, ideal for a variety of retail uses. The property's location within the Meridian Ranch development offers unparalleled access to a thriving residential community with limited existing retail options within a two-mile radius. This presents a significant opportunity to serve the immediate needs of residents and surrounding neighborhoods, catering to demands for essential services such as restaurants, banks, convenience stores, and other retail businesses. The address is 11950 Tourmaline Dr, Peyton, CO 80831. This is a chance to establish a strong presence in a burgeoning market with high growth potential. The property's strategic location and ample space make it an attractive proposition for businesses seeking to capitalize on the area's expanding population and consumer base. The Shops at Meridian Ranch offers a chance to be a part of a thriving community and establish a successful retail operation.

Property Features for 11950 Tourmaline Dr

General Information

Property type
Retail properties
Lease Type
Gross Lease
RSF (Rentable sq. ft)
13,956 SF
Total Rate
29075

Building Details

Stories
1

Unit(s) available at that property

Space
Suite 120
Size
2,045 SF
Rate per SF
$25
Space
Suite 140
Size
2,408 SF
Rate per SF
$25
Space
Suite 150
Size
1,707 SF
Rate per SF
$27

HighLights

  • 13,956 SF retail space available for lease in a single‑story building on a 3.42‑acre lot in Peyton, CO.
  • 6,160 SF of contiguous space available, divisible into units ranging from 1,707 to 2,408 SF.
  • Minimum lease rate: $25/SF NNN (interior) and $27/SF NNN (end‑cap), with annual increases; tenants pay pro‑rata CAM.
  • Base rent includes a "white box" finish allowance up to $35/SF.
  • Utilities separately metered; located at the southeast corner of Meridian Rd and Tourmaline Dr.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Auto Repair Shop Kitchen & Bath Electrical Service Computer & Electronic Repair Tech Support Center Plumbing Service Pet Store

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

Location Insight

  • Map
  • Local Demand
City
Peyton
County
El Paso
State
Colorado
Longitude
-104.60659939623
Latitude
38.972132391199

FAQs

What type of property is this?
Retail property - Peyton, CO: Prime Retail Opportunity
Where is this retail property located?
The property is located at 11950 Tourmaline Dr Peyton, CO.
What is the lease rate?
The lease rate is $25-$27 SF/Yr.
What are key features of this property?
This property features: 13,956 SF retail space available for lease in a single-story building on a 3.42-acre lot in Peyton, CO.; 6,160 SF of contiguous space available, divisible into units ranging from 1,707 to 2,408 SF.; Minimum lease rate: $25/SF NNN (interior) and $27/SF NNN (end-cap), with annual increases; tenants pay pro-rata CAM.
More about this property
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