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Restaurant Property in Victory Ridge
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1856 Democracy Point, Colorado Springs, CO 80908

New restaurant in a high-traffic mixed-use development.

Property Size4,228 SF
Price / SF$875.12
Days on Market634

Property Features for 1856 Democracy Point

General Information

Standard status Active
Size 4,228 SF
Class A
Property subtype Retail
Zoning PDZ

Building Details

Year Built 2023
Listing Agency: CBRE
Listed By: Jake Hallauer · License #CO FA100028819
Source: Crexi
Added: Nov 15, 2024 Changed: Aug 11 Last Checked: May 13 at 8:14PM

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 CBRE

Investment Insights

Based on property information with market context.

This is a restaurant property located in the Victory Ridge mixed-use development in northern Colorado Springs. Situated less than a mile from Interstate 25 and with frontage on Interquest Parkway, the location offers high visibility and accessibility. The surrounding area includes major retailers, large office complexes, entertainment venues, hotels, and residential apartments. The property is located on the Interquest Parkway corridor, known for its dining options. The property features a rooftop patio and outdoor seating areas. The property size is 4,228 square feet.

Key Highlights

  • Brand new restaurant property in Victory Ridge mixed‑use development.
  • Prime location with high visibility and easy access, less than a mile from Interstate 25 and frontage on Interquest Parkway.
  • Rooftop patio and outdoor seating areas designed to attract patrons.

Property Analytics

Current Use

Restaurants

Suggested Use

Top Pick Auto Parts Store Electrical Service Auto Repair Shop Garden Center Carpet & Flooring Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby
240k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 82% Shops & Services 9% Beauty & Spa 5% Hotels & Casinos 2%
In-N-Out Burger Dining
47,618 visits/mo 0.2 miles
Dutch Bros. Coffee Dining
29,022 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
18,395 visits/mo 0.2 miles
Cheba Hut Dining
16,918 visits/mo 0.2 miles
Panda Express Dining
13,520 visits/mo 0.1 miles

Demographics for 80908, CO

22,811
Population
8,475
Households
2.7
Avg Household Size
41
Median Age
57%
College-Educated
98%
High-School Grad
94.7 sq mi
ZIP Area
241
Density / Sq Mi
$136,117
Median Household Income
$66,840
Median Earnings
$1,460
Median Rent
$673,900
Median Home Value

Market

Vacancy Rate% for Retail in Colorado Springs, CO

5.9% 2020
5.5% 2021
5% 2022
6.3% 2023
6.4% 2024
6.2% 2025
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Frequently Asked Questions

What type of property is this?
Restaurant - New restaurant in a high-traffic mixed-use development.
Where is this restaurant located?
The property is located at 1856 Democracy Point Colorado Springs, CO.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Brand new restaurant property in Victory Ridge mixed‑use development.; Prime location with high visibility and easy access, less than a mile from Interstate 25 and frontage on Interquest Parkway.; Rooftop patio and outdoor seating areas designed to attract patrons.
(970) 305-8113 Call to check price and availability
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