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    1634 Nevada Ave Colorado Springs, CO 80906

    For Lease
    $36 SF/Yr

    Prime Retail Space Available in Colorado Springs

    Lot size:
    9,005 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail opportunity presents 9,005 square feet of commercial space within the Ivywild Retail Center, situated at 1634 S Nevada Ave, Colorado Springs, CO 80906. Currently, 2,015 square feet are available for lease, offering a versatile space ideal for a variety of retail businesses. The property is zoned C-5, allowing for a range of commercial uses. The center is strategically located in the South Nevada Urban Renewal Area, a rapidly developing region that has experienced significant improvements and new construction in recent years, promising continued growth and increased foot traffic. This location also benefits from being within a Pikes Peak Enterprise Zone, providing eligible businesses with valuable income tax credits and incentives. The existing building offers multiple tenancies, creating a vibrant and diverse retail environment. The available space provides an excellent chance to establish or expand a business in a thriving and supportive community. This property offers a unique blend of established success and future potential, making it an attractive investment opportunity. The property's prime location and the ongoing revitalization of the surrounding area ensure strong visibility and accessibility for potential customers. Don't miss this chance to secure a space in a dynamic and growing retail center.

    Property Features for 1634 Nevada Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,005 SF
    Total Rate
    27015

    Unit(s) available at that property

    Space
    Suite 140
    Size
    2,015 SF
    Rate per SF
    $36

    HighLights

    • 9,005 SF retail space available for lease in Ivywild Retail Center, 1634 S Nevada Ave, Colorado Springs, CO 80906.
    • 2,015 SF currently available; C‑5 zoning allows diverse commercial uses.
    • Located in the South Nevada Urban Renewal Area, a rapidly developing area with high foot traffic.
    • Situated within a Pikes Peak Enterprise Zone, offering tax incentives.
    • High visibility at the controlled intersection of Nevada Ave. and Ramona Ave., with pylon signage.
    • Excellent co‑tenancy with Sprouts, Natural Grocers, Chick‑fil‑A, Five Guys, and other national brands.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tokyo Joe's - S ... Asian Restaurant Smashburger Hamburger Restaurant European Wax Center Waxing Hair Removal Service

    Suggested Use

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

    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
    -104.8512993
    Latitude
    38.8163486

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space Available in Colorado Springs
    Where is this retail property located?
    The property is located at 1634 Nevada Ave Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: 9,005 SF retail space available for lease in Ivywild Retail Center, 1634 S Nevada Ave, Colorado Springs, CO 80906.; 2,015 SF currently available; C-5 zoning allows diverse commercial uses.; Located in the South Nevada Urban Renewal Area, a rapidly developing area with high foot traffic.
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    1634 Nevada Ave Colorado Springs, CO 80906
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    Colorado Springs, CO 80906
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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
    1634 Nevada Ave Colorado Springs, CO 80906
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