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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

623 Murray Blvd Colorado Springs, CO 80915

Property ID
Property summary
AI-generated overview

Murray Square, located at 623 N Murray Blvd in Colorado Springs, CO 80915, presents a prime retail opportunity. This neighborhood shopping center boasts a highly visible location at the well-lit intersection of Platte Avenue and Murray Boulevard, one of Colorado Springs' busiest intersections. The property offers two available end-cap spaces, ranging from 1,497 to 2,287 square feet, ideal for a variety of retail uses. Ample parking is provided for customer convenience, ensuring easy access and a positive shopping experience. The center benefits from excellent visibility and accessibility, making it an attractive location for businesses seeking high foot traffic. Murray Square is strategically situated within densely populated residential neighborhoods, providing a strong customer base. The center is anchored by a Walmart Neighborhood Market and the Pikes Peak Library District Ruth Holley Branch, creating a synergistic environment and drawing significant traffic. This is a rare opportunity to secure retail space in a thriving, well-established shopping center with strong anchor tenants and excellent visibility. The property is classified as a multiple-tenancy retail shopping center in El Paso County, Colorado.

Property profile
Verified
Property type Retail properties & Spaces
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
Current use
Occupant on record · Public records
  • Claudia's Quality Cleaning Hardware & Home Improvement
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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