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    OFF-MARKET
    Retail properties & Spaces

    0 Powers Blvd & Airport Rd, Colorado Springs, CO 80916

    576,975 SF 59.98 ac lot
    Property ID
    Property summary
    AI-generated overview

    Westgate at Powers, located at Powers Blvd & Airport Rd in Colorado Springs, CO 80916, presents a unique investment opportunity. This Class B property boasts a total of 576,975 square feet across a single, one-story building situated on a substantial 59.98-acre lot. The property's diverse zoning (MX-M) allows for a variety of uses, including retail, office, industrial, and land development. Currently, there are 18 spaces available, ranging in size from 1 square foot to 7,000 square feet, providing flexibility for various business needs. The property is categorized as Retail, Office, Industrial, and Land, with sub-types including Executive Office, Flex, R&D, Commercial, Outparcel/Pad, and Mixed Use. This multi-tenant building is situated in the CO - Colorado Springs Southeast submarket within El Paso County. The significant vacant space presents an excellent opportunity for expansion or new tenancy within a well-established complex. The expansive land area offers potential for future development. This property is ideal for businesses seeking a versatile and strategically located space in a thriving Colorado Springs market.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 576,975 SF
    Lot 59.98 ac (2,612,729 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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