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    655 Sierra Madre St Colorado Springs, CO 80903

    Sponsored
    For Lease
    $30 SF/Yr

    Downtown Colorado Springs, 19,094 SF Retail Space

    Lot size:
    683,928 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A retail space, part of the new Epicenter mixed-use development in downtown Colorado Springs, offers 19,094 square feet of prime commercial real estate. Located at 655 S Sierra Madre St (cross street: W Rio Grande St), this ground-level space is situated within a six-story, 683,928 square foot building completed in 2024. The property boasts a convenient location in the CO - Colorado Springs - CBD submarket, zip code 80903, offering unparalleled access to the city's vibrant cultural scene. The building features elevators and ample parking. This single-suite space is part of a multi-tenant building, zoned FBZ-CEN, and sits on a 3.02-acre lot. The Epicenter development is strategically positioned near numerous attractions, including dozens of bars and restaurants, the U.S. Olympic and Paralympic Museum, and Weidner Field, ensuring high foot traffic and visibility. This is a unique opportunity to establish a presence in one of Colorado Springs' most exciting and dynamic new developments. The property's prime location and modern amenities make it ideal for a variety of retail uses. Contact us today to learn more about this exceptional opportunity.

    Property Features for 655 Sierra Madre St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    683,928 SF
    Class
    A
    Total Rate
    1709820

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    6

    Unit(s) available at that property

    Space
    Available Space
    Size
    19,094 SF
    Rate per SF
    $30

    HighLights

    • 19,094 SF of ground‑level retail space in a new Class A mixed‑use development.
    • Divisible into 4‑11 smaller retail spaces.
    • Located within a building containing 408 apartment units.
    • High ceilings (20‑25 ft.) allowing for mezzanine levels.
    • 356 parking spaces (327 garage, 29 surface).
    • Conveniently located on the downtown shuttle route.
    Property Profile Location Intelligence

    Current Use by Public Records

    Experience at Epicenter Apartments Apartment Complex

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail 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
    -104.8280196
    Latitude
    38.8242577

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    FAQs

    What type of property is this?
    Retail property - Downtown Colorado Springs, 19,094 SF Retail Space
    Where is this retail property located?
    The property is located at 655 Sierra Madre St Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 19,094 SF of ground-level retail space in a new Class A mixed-use development.; Divisible into 4-11 smaller retail spaces.; Located within a building containing 408 apartment units.
    Request Owner's contact information
    655 Sierra Madre St Colorado Springs, CO 80903
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    Colorado Springs, CO 80903
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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
    655 Sierra Madre St Colorado Springs, CO 80903
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