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    808 Arcturus Dr Colorado Springs, CO 80905

    For Lease
    $10 SF/Yr

    Prime retail space, flexible layouts.

    Lot size:
    39,733 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This Colorado Springs retail property, located at 808 Arcturus Drive, offers 39,733 square feet of space in a vibrant strip center. The property sits on 2.6 acres and is zoned C-5, allowing for a wide variety of uses. Three spaces are currently available, ranging from 3,000 to 6,000 contiguous square feet, with a total of 12,937 square feet currently vacant. Suites 1 & 2 are in near-gray shell condition and can be leased separately or combined for a total of 6,000 square feet. Suite 810B offers a unique layout, previously used as a swimming facility (pool filled), now featuring two private bathrooms/locker rooms, a sauna, and a large open area. This flexible space allows for build-outs tailored to specific business needs, and a tenant improvement allowance may be available depending on lease terms. The center is anchored by a thriving dog daycare and other established businesses, situated at the entrance to Skyway, just north of the Broadmoor neighborhood. Utilities (gas, electric, and trash) are tenant-responsible. This presents a compelling opportunity for businesses seeking a prominent location in a growing area of western Colorado Springs. The property is located in El Paso County, Colorado, with a zip code of 80905.

    Property Features for 808 Arcturus Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,733 SF
    Total Rate
    33110.83

    Unit(s) available at that property

    Space
    Suite 840
    Size
    6,000 SF
    Rate per SF
    $14
    Space
    Suite 840-2
    Size
    3,000 SF
    Rate per SF
    $14
    Space
    810B
    Size
    3,937 SF
    Rate per SF
    $14

    HighLights

    • 39,733 SF retail space in a vibrant Colorado Springs strip center.
    • 2.6‑acre site with C‑5 zoning, offering flexible use options.
    • 12,937 SF of vacant space available in three suites (3,000‑6,000 SF each).
    • Prime location at the entrance to Skyway, north of The Broadmoor neighborhood, with a strong tenant mix.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    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
    -104.842163
    Latitude
    38.809543

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    FAQs

    What type of property is this?
    Neighborhood center - Prime retail space, flexible layouts.
    Where is this neighborhood center located?
    The property is located at 808 Arcturus Dr Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 39,733 SF retail space in a vibrant Colorado Springs strip center.; 2.6-acre site with C-5 zoning, offering flexible use options.; 12,937 SF of vacant space available in three suites (3,000-6,000 SF each).
    Request Owner's contact information
    808 Arcturus Dr Colorado Springs, CO 80905
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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
    808 Arcturus Dr Colorado Springs, CO 80905
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