Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    15854-16086 Jackson Creek Pkwy Monument, CO 80132
    Back to Search
    Property profile & analytics

    15854-16086 Jackson Creek Pkwy, Monument, CO 80132

    View on Map
    • Shopping malls
    • 49,035 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Shopping malls

    Property Details for 15854-16086 Jackson Creek Pkwy

    Year built
    2004
    Property type
    Shopping malls
    Property subtype
    Lifestyle centers

    Description

    Monument Marketplace offers 49,035 square feet of retail space for lease in four single-story buildings situated on a 9.82-acre lot at 15854-16086 Jackson Creek Pkwy, Monument, CO 80132. Built in 2004, this retail center is zoned PCD and located in the desirable Colorado Springs Tri-Lakes submarket of El Paso County. The property features multiple tenancy options with spaces ranging from a minimum of 1,035 square feet to a maximum contiguous space of 20,917 square feet. Currently, the entire 49,035 square feet is vacant and available for lease. This presents a unique opportunity for a single tenant to occupy the entire center or for multiple tenants to lease individual spaces. The property's location provides excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The address is easily accessible from Jackson Creek Parkway. This property is an exceptional opportunity for businesses seeking high-visibility retail space in a thriving Colorado Springs community. The property's size and layout offer flexibility for various retail concepts. Interested parties should inquire about lease terms and conditions.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monument
    County
    El Paso
    State
    Colorado
    Longitude
    -104.85
    Latitude
    39.0638

    Comparable in this City

    • Value Estimation by Request
      0.62 Acres

      Jackson Creek Pkwy

      Lifestyle centers
      0 Jackson Creek Pkwy, Monument, CO 80132
      View Details
    • Value Estimation
      $12,210,000
      86,779 SF

      1012-1070 Baptist Rd

      SHOPPING CENTER, STRIP CENTER
      1012-1070 Baptist Rd, Monument, CO 80132
      View Details
    • Value Estimation
      $1,770,000
      9,520 SF

      15746 Jackson Crk Pkwy

      SHOPPING CENTER, STRIP CENTER
      15746 Jackson Crk Pkwy, Monument, CO 80132-7183
      View Details
    • Value Estimation by Request
      7,200 SF

      1777 Lk Woodmoor Dr, Unit 1793

      SHOPPING CENTER, STRIP CENTER
      1777 Lk Woodmoor Dr, Monument, CO 80132-9074
      View Details
    • Value Estimation
      $1,605,000
      6,648 SF

      366 2nd St

      SHOPPING CENTER, STRIP CENTER
      366 2nd St, Monument, CO 80132-7903
      View Details
    • Value Estimation
      $1,805,000
      17,180 SF

      251 Frnt St

      SHOPPING CENTER, STRIP CENTER
      251 Frnt St, Monument, CO 80132-9164
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for sale.
      15854-16086 Jackson Creek Pkwy, Monument, CO 80132
      View Details
    • Contact for pricing
      49,320 SF

      Retail or Land Opportunity

      Retail property or land available for sale or lease.
      15854-16086 Jackson Creek Pkwy, Monument, CO 80132
      View Details
    • Contact for pricing

      Retail Pad Sites For Sale

      Retail pad sites available for purchase.
      105 & I-25 Hwy, Monument, CO 80132
      View Details
    • Contact for pricing

      Retail Center Land Opportunity

      Land available in Monument's largest retail center.
      15854-16086 Jackson Creek Pkwy, Monument, CO 80132
      View Details
    • Contact for pricing

      Monument, CO Mixed-Use Development

      Mixed-use development opportunity in Monument, Colorado.
      Jackson Crk Rd, Monument, CO 80132
      View Details
    • Contact for pricing
      6,500 SF

      Retail Center in Monument, Colorado

      New retail center with shops, pads, and land available.
      I-25 & Baptist Rd, Monument, CO 80132
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,400 SF

      Retail Space in Colorado Springs

      Retail space available in established Colorado Springs neighborhood center.
      1070 W Baptist Rd, Colorado Springs, CO 80132
      View Details
    • Contact for pricing
      1,480 SF

      Retail Space in Monument Marketplace

      Stabilized strip center in premier retail shopping district.
      15932 Jackson Creek Pkwy, Monument, CO 80132
      View Details
    • Contact for pricing
      49,200 SF

      Monument Marketplace Retail Pads

      Seven Suites Available, High Visibility
      0 Monument Marketplace, Monument, CO 80132
      View Details
    • Contact for pricing

      Land For Lease

      Commercial land available for lease.
      15854-16086 Jackson Creek Pkwy, Monument, CO 80132
      View Details
    • Contact for pricing

      Mixed-Use Development in Monument

      Mixed-use development for shopping, living, working, playing, and relaxing.
      16577 Cinematic Vw, Monument, CO 80132
      View Details
    • Contact for pricing

      Mixed-Use Development in Monument, CO

      Mixed-use development for shopping, living, working, playing, and relaxing.
      16601 Jackson Creek Pkwy, Monument, CO 80132
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15854-16086 Jackson Creek Pkwy
    Monument, CO 80132
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    15854-16086 Jackson Creek Pkwy, Monument, CO, 80132
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!