Neighborhood Retail
For Sale
Contact for pricing
922 Hailey Ln, Pueblo West, CO 81007
Multi-tenant neighborhood retail asset anchored by Safeway, featuring everyday-needs and restaurant/dessert tenants.
Property Size7,444 SF
Price / SF$300.52
Days on Market127
Property Features for 922 Hailey Ln
General Information
Standard status
Active
Size
7,444 SF
Total Parking Spaces
45
Property subtype
Retail
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$167,555
Additional Details
Highway Access
Yes
Building Details
Year Built
2017
Units
3
Tenancy
Multi
Listing Agency:
Cushman & Wakefield Colorado Springs Commercial
Listed By:
Dan Rodriguez · License #CO1234
(719) 233-8043
Source:
Crexi
Added: May 2
Changed: Aug 31
Last Checked: Sep 2 at 5:49PM
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 Cushman & Wakefield Colorado Springs Commercial
Investment Insights
Based on property information with market context.
922 Hailey Ln is a multi-tenant neighborhood retail asset anchored by Safeway. The center is described as serving everyday-needs shoppers, with a tenant mix that includes restaurant and dessert uses.
The property is positioned in a daily-needs corridor near Purcell Blvd and US-50, with surrounding grocery, pharmacy, QSR, and nearby healthcare noted as drivers of weekday and weekend traffic.
This retail configuration is suited to operators seeking a neighborhood retail environment supported by consistent day-to-day demand.
The property is positioned in a daily-needs corridor near Purcell Blvd and US-50, with surrounding grocery, pharmacy, QSR, and nearby healthcare noted as drivers of weekday and weekend traffic.
This retail configuration is suited to operators seeking a neighborhood retail environment supported by consistent day-to-day demand.
Key Highlights
- Year built 2017
- Multi‑tenant neighborhood retail asset anchored by Safeway
- Tenant mix includes everyday‑needs plus restaurant and dessert uses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$105,254
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,105,080
$2.1M
Cap Rate 7%
$1,503,629
$1.5M
Cap Rate 9%
$1,169,489
$1.2M
Market Conditions
NOI Build-Up for 7,444 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$158.1K $21.24/SF
− Vacancy
−$7.7K −$1.04/SF
EGI
$150.4K $20.20/SF
− OpEx
−$45.1K −$6.06/SF
NOI
$105.3K $14.14/SF
Area
Pueblo County, CO
Vacancy
4.90%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,105,080
Cap Rate 7%
$1,503,629
Cap Rate 9%
$1,169,489
Alternative Uses
Best Use
Retail
$1.50M
$1.32M – $1.75M
NOI $105,254 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,583 @ 7.0% cap · market cap 4.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81007, CO
33,263
Population
12,678
Households
2.6
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
136.5 sq mi
ZIP Area
244
Density / Sq Mi
$95,419
Median Household Income
$50,572
Median Earnings
$1,319
Median Rent
$371,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Purcell Plaza — S Purcell Blvd, Pueblo West, CO 81007
- Colorado MV Express Kiosk — 1017 N Market Pl, Pueblo, CO 81007
- Coinstar Kiosk | Bitcoin ATM — Safeway, 1017 N Market Pl, Pueblo, CO 81007
Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant neighborhood retail asset anchored by Safeway, featuring everyday-needs and restaurant/dessert tenants.
Where is this shopping center located?
The property is located at 922 Hailey Ln Pueblo West, CO.
What is the asking price?
The asking price for this property is $2,237,060.
What are key features of this property?
This property features: Year built 2017; Multi‑tenant neighborhood retail asset anchored by Safeway; Tenant mix includes everyday‑needs plus restaurant and dessert uses
