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    4540 Centennial Blvd Colorado Springs, CO 80907

    For Sale
    $1,800,000

    Prime Colorado Springs drive-thru, 3,707 SF.

    Property size:
    3,707 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail property, located at 4540 Centennial Blvd in Colorado Springs, Colorado, presents a unique owner-user opportunity. The 3,707 square foot building sits on a substantial 38,332 square foot lot, ideally suited for a drive-thru restaurant. The property is currently vacant but benefits from existing restaurant infrastructure, allowing for immediate occupancy and operational readiness. Its prime location boasts high visibility and significant traffic counts, averaging 15,000 vehicles daily on Centennial Boulevard. The surrounding demographics are exceptionally strong, with 6,891 residents within a one-mile radius, 55,284 within three miles, and a substantial 154,709 within a five-mile radius. The average household income within one mile is a robust $90,782, indicating a significant consumer base with considerable disposable income. This property is offered for sale at $1,800,000. Please note that the property has restrictions against banks and convenience stores. This is a rare chance to acquire a well-positioned, ready-to-use restaurant space in a thriving Colorado Springs market.

    Property Features for 4540 Centennial Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    3,707 SF

    HighLights

    • Drive‑thru restaurant available for sale or lease.
    • Existing restaurant infrastructure.
    • 3,707 SF building.
    • 38,332 SF lot.
    • No banks or convenience stores permitted.
    • Prime Colorado Springs location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -104.8516418
    Latitude
    38.898574

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Colorado Springs drive-thru, 3,707 SF.
    Where is this lifestyle center located?
    The property is located at 4540 Centennial Blvd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Drive-thru restaurant available for sale or lease.; Existing restaurant infrastructure.; 3,707 SF building.
    Request Owner's contact information
    4540 Centennial Blvd Colorado Springs, CO 80907
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    Colorado Springs, CO 80907
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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
    4540 Centennial Blvd Colorado Springs, CO 80907
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