Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Monument Marketplace Monument, CO 80132

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Seven Suites Available, High Visibility

    Lot size:
    49,200 SF

    Property Features for 0 Monument Marketplace

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    49,200 SF

    Spaces For Lease

    at 0 Monument Marketplace, Monument, CO 80132 Contact us

    We can help!

    Listing Contact
    Mark Useman
    Mark Useman

    Listing Agency: NAI Highland, LLC Listing Agent: Mark Useman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Monument Marketplace offers exceptional retail leasing opportunities in Colorado Springs' Tri-Lakes submarket. This prime location boasts 49,200 square feet of retail space within a larger development, with seven individual suites available for lease. Spaces range from a minimum of 5,933 square feet to a maximum contiguous space of 21,150 square feet, providing flexibility for various business needs. Currently, 49,035 square feet is available for lease. The property sits on a sizable lot ranging from 1.3 to 7.92 acres, zoned PUD (Planned Unit Development) within El Paso County. This established retail center benefits from excellent demographics, high income levels, and a high-growth area, ensuring strong potential for tenant success. Its high visibility location and proximity to a new residential development further enhance its appeal. The property is professionally managed and maintained, offering a worry-free environment for tenants. The site also includes additional land totaling 56,628 square feet, presenting further development possibilities. This is Monument's largest retail center, presenting a unique opportunity for businesses seeking a prominent presence in a thriving market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monument
    County
    El Paso
    State
    Colorado
    Longitude
    -104.8337879
    Latitude
    39.0994223

    Nearby Similar for Lease

    • Contact for pricing
      1,480 SF

      Retail Space in Monument Marketplace

      Stabilized strip center in premier retail shopping district.
      15932 Jackson Creek Pkwy, Monument, CO 80132
      View Details
    • $4,800,000
      4,589 SF

      Industrial Property with Flexible Space

      Industrial property in Palmer Lake with immediate cash flow.
      707 County Line Rd, Monument, CO 80132
      View Details
    • Contact for pricing
      1,129 SF

      Retail Space in Jackson Creek

      Retail space available within the Village at Jackson Creek Development.
      16577 Cinematic Vw, Monument, CO
      View Details
    • Contact for pricing
      14,950 SF

      Retail Space in Monument, CO

      New retail development shadow-anchored by major retailers.
      16601 Jackson Creek Pkwy, Monument, CO 80132
      View Details
    • Contact for pricing
      1,170 SF

      Safeway Anchored Retail Space

      Retail space in Safeway-anchored center with ample parking.
      556-590 Highway 105 W, Monument, CO 80132
      View Details
    • Contact for pricing
      400 SF

      Move-in Ready Office Suite

      Professional office suite with shared amenities, convenient location.
      16055 Old Forest Pt, Monument, CO 80132
      View Details
    • Contact for pricing
      3,287 SF

      Tri-Lakes Health Pavilion Space

      Neighborhood health center connected to YMCA for lease.
      17230 Jackson Creek Pkwy, Monument, CO 80132
      View Details
    • Contact for pricing
      114,322 SF

      Class A Industrial Development

      Exceptional industrial development with I-25 exposure and access.
      Squadron Dr & Terrazzo Dr, Monument, CO
      View Details
    • Contact for pricing
      2,158 SF

      Retail Space on HWY 105

      Retail space with high traffic and strong household incomes.
      1415-1455 Cipriani Loop, Monument, CO 80132
      View Details
    • Contact for pricing
      838 SF

      Monument Office Space For Rent

      Office building in Monument, Colorado, with flexible options and parking.
      1850 Woodmoor Dr, Monument, CO 80132
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Sky Vista

      New retail/medical development with build-to-suit opportunity.
      810 Sky Vis Pt, Monument, CO
      View Details
    • Contact for pricing
      884 SF

      Monument Warehouse Space For Rent

      884 SF warehouse space with overhead door and high ceilings.
      1945 Deer Creek Rd, Monument, CO 80132
      View Details

    FAQs

    What type of property is this?
    Land - Seven Suites Available, High Visibility
    Where is this land located?
    The property is located at Monument Marketplace Monument, CO.
    What are key features of this property?
    This property features: Monument Marketplace Pad C: Retail and land opportunity in Colorado Springs Tri-Lakes submarket.; Seven suites available, totaling 49,200 square feet, with spaces ranging from 1,035 to 21,150 square feet.; Currently 49,035 square feet vacant.
    (719) 667-6871 Call to check price and availability
    Request Owner's contact information
    Monument Marketplace Monument, CO 80132
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Monument Marketplace
    Monument, CO 80132
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Monument Marketplace Monument, CO 80132
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mark Useman
    Mark Useman
    Real Estate License ID: FA.000649875
    (719) 667-6871 (719) 231-7400 (719) 577-0044
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!