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    2505 Chelton Rd Colorado Springs, CO 80916

    For Lease
    $9 SF/Yr ($900 /Mo)

    Prime Retail Space, Multiple Units Available

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity is located in a thriving Colorado Springs neighborhood shopping center at 2505 South Chelton Road, zip code 80916, El Paso County, Colorado. The property, known as Astrozon & Chelton, offers a total of 1,200 square feet of retail space, currently divided into multiple units. Three individual spaces are immediately available, ranging in size from 900 to 2,400 square feet, providing flexibility for various retail concepts. The center enjoys a highly visible corner location at the intersection of Astrozon Boulevard and Chelton Road, two major arteries providing convenient access to key areas of Colorado Springs. Its strategic position offers easy access to both South Academy Boulevard and South Powers Boulevard, two significant thoroughfares connecting the property to the Colorado Springs Airport to the east and Fort Carson to the south. This prime location ensures high traffic volume and excellent visibility for businesses seeking a strong presence in this dynamic market. The property's convenient access and prominent location make it an ideal choice for retailers seeking to establish or expand their operations in a bustling Colorado Springs neighborhood. The property type is classified as a shopping center.

    Property Features for 2505 Chelton Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF
    Total Rate
    900

    Unit(s) available at that property

    Space
    2521
    Size
    900 SF
    Rate per SF
    $12
    Space
    Suite 2531
    Size
    2,400 SF
    Rate per SF
    $9
    Space
    Suite 2519
    Size
    1,200 SF
    Rate per SF
    $9

    HighLights

    • 2,400 SF endcap space available for lease.
    • 1,200 SF inline space available for lease.
    • $9.00 per square foot lease rate.
    • $3.00 per square foot estimated NNN expenses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cardtronics ATM Atm Loaf 'N Jug Convenience Store Western Union Money Transfer Service Redbox Movie Rental Kiosk

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -104.742364
    Latitude
    38.79721

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space, Multiple Units Available
    Where is this lifestyle center located?
    The property is located at 2505 Chelton Rd Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $9-$12 SF/Yr.
    What are key features of this property?
    This property features: 2,400 SF endcap space available for lease.; 1,200 SF inline space available for lease.; $9.00 per square foot lease rate.
    Request Owner's contact information
    2505 Chelton Rd Colorado Springs, CO 80916
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    Colorado Springs, CO 80916
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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
    2505 Chelton Rd Colorado Springs, CO 80916
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