0 Powers Blvd & Airport Rd Colorado Springs, CO 80916

OFF-MARKET

Retail properties & Spaces

576,975 SF 59.98 ac lot

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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 type Retail properties & Spaces

Total area 576,975 SF

Lot 59.98 ac (2,612,729 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Powers Blvd & Airport Rd Colorado Springs, CO 80916

Colorado Springs metro

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576,975 SF

Powers Blvd & Airport Rd

Land

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

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Value Estimation by Request
1 SF

Powers Blvd

Land

0 Powers Blvd, Colorado Springs, CO 80916

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Value Estimation by Request
49.37 Acres

Powers Blvd

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0 Powers Blvd, Colorado Springs, CO 80916

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Value Estimation
$1,285,000

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