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0 Rustic Hl Shopping Ctr Colorado Springs, CO 80909

OFF-MARKET
Lifestyle centers
252,406 SF Built 1969
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Property summary

AI-generated overview

Rustic Hills Shopping Center, a 252,406 square foot retail center in Colorado Springs, CO, presents a unique investment opportunity. Located on a major shopping corridor on Academy Boulevard, between Palmer Park Boulevard and San Miguel Street, this property boasts a prime location within a rapidly growing community. The center sits on a substantial 105.43-acre lot and offers ample parking with 1,230 surface spaces. Built in 1969, the property is zoned PBC (El Paso County APN: 641412-11-007) and currently has 185,494 square feet of vacant space available for lease. Spaces range from a minimum of 450 square feet to a maximum contiguous space of 56,845 square feet, providing flexibility for a variety of tenants. Several opportunities exist for large-format retailers, including a former gym space featuring a pool and basketball court. This property offers significant potential for redevelopment and expansion within a thriving market. The property's size and location make it ideal for a variety of retail uses. The substantial vacant space presents a unique opportunity for a significant tenant to establish a strong presence in this desirable area.

Property profile

Verified
Property type Lifestyle centers
Year built 1969
Total area 252,406 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Rustic Hl Shopping Ctr Colorado Springs, CO 80909
Colorado Springs metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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