Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1725-1753 Briargate Blvd Colorado Springs, CO 80920
    Back to Search
    Property profile & analytics

    1725-1753 Briargate Blvd Colorado Springs, CO 80920

    View on Map
    • Neighborhood centers
    • 24,485 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 1725-1753 Briargate Blvd

    Year built
    2000
    Property size
    24,485 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    Chapel Hills Shops offers a prime retail opportunity in Colorado Springs' most affluent area. This 24,485 square foot strip center is strategically located on Briargate Boulevard, directly across from the Chapel Hills Mall, providing exceptional visibility and accessibility. The property boasts a high-traffic location, serving as a main access point to both the mall and the surrounding Briargate neighborhoods, known for their high average income levels and population density. Currently, there is 1,440 square feet of vacant retail space available, perfect for a variety of businesses. Built in 2000, the center is well-maintained and features ample parking with a ratio of 4.5 spaces per 1,000 square feet, totaling 110 surface spaces. The property is zoned PBC (General Business) within El Paso County, offering flexibility for various commercial uses. This is an exceptional opportunity to establish a business in a thriving, high-demand location with strong demographics and convenient access to a major shopping destination and residential communities. The property's prominent location and ample parking ensure high visibility and customer convenience. Don't miss this chance to secure a space in this successful retail center.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.796
    Latitude
    38.9449

    Comparable in this City

    • Value Estimation by Request
      10,166 SF

      6902-6988 Academy Blvd

      Neighborhood centers • 10,166 SF
      6902-6988 Academy Blvd, Colorado Springs, CO 80920
      View Details
    • Value Estimation by Request
      61,759 SF

      7325-7495 Academy Blvd

      Neighborhood centers • 61,759 SF
      7325-7495 Academy Blvd, Colorado Springs, CO 80920
      View Details
    • Value Estimation by Request
      116,184 SF

      3570 Hartsel Dr

      Neighborhood centers • 116,184 SF
      3570 Hartsel Dr, Colorado Springs, CO 80920
      View Details
    • Value Estimation
      $3,000,000
      24,485 SF

      1725 Briargate Blvd

      SHOPPING CENTER, STRIP CENTER • 24,485 SF
      1725 Briargate Blvd, Colorado Springs, CO 80920-3474
      View Details
    • Value Estimation
      $1,515,000
      8,378 SF

      7587 Academy Blvd

      SHOPPING CENTER, STRIP CENTER • 8,378 SF
      7587 Academy Blvd, Colorado Springs, CO 80920-3200
      View Details
    • Value Estimation
      $870,000
      4,797 SF

      460 Chapel Hls Dr

      SHOPPING CENTER, STRIP CENTER • 4,797 SF
      460 Chapel Hls Dr, Colorado Springs, CO 80920-7241
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,390 SF

      Former Restaurant Space For Sale

      Former KFC restaurant space available near Chapel Hills Mall.
      8115 Dorothy Ln, Colorado Springs, CO 80920
      View Details
    • Contact for pricing

      Colorado Springs Land Parcel

      2.1-acre land parcel in northern Colorado Springs.
      1860 Office Club Pt, Colorado Springs, CO 80920
      View Details
    • Contact for pricing
      140,583 SF

      Corporate Headquarters Opportunity

      93,000 SF corporate headquarters with I-25 visibility.
      6860 Campus Dr, Colorado Springs, CO 80920
      View Details
    • $1,250,000

      Colorado Springs Land Parcel For Sale

      2.1 acre land parcel in northern Colorado Springs.
      1860 Office Club Pt, Colorado Springs, CO 80920
      View Details
    • Contact for pricing
      21,030 SF

      Versatile Office/Flex Building For Sale

      Office/flex building with flexible configuration options in Mountain Vista.
      8145-8245 N Union Blvd, Colorado Springs, CO 80920
      View Details
    • Contact for pricing

      Briargate Boulevard Commercial Condo Space

      Prime commercial condo space in a sought-after business district.
      1685 Briargate Blvd, Colorado Springs, CO 80920
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Property For Lease

      Commercial property available for lease in Colorado Springs, CO.
      3531 Old Ranch Rd, Colorado Springs, CO 80920
      View Details
    • Contact for pricing
      15,000 SF

      Restaurant/Retail Space For Lease

      Up to 8,000 SF restaurant/retail space available for lease.
      Chapel Hills Dr, Colorado Springs, CO 80920
      View Details
    • Contact for pricing
      38,000 SF

      Prime Retail Space Available

      Retail space in a dynamic 156,000 SF shopping center.
      1709-1790 E Woodmen Rd, Colorado Springs, CO 80920
      View Details
    • Contact for pricing

      King Soopers Anchored Retail Space

      Retail space for lease in Colorado Springs shopping center.
      6902-6988 North Academy Blvd, Colorado Springs, CO 80920
      View Details
    • Contact for pricing
      5,229 SF

      Retail Space in Union Center

      Retail space available in busy Colorado Springs shopping center.
      3478 Research Pkwy, Colorado Springs, CO 80920
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Union Center

      Retail space available in busy Colorado Springs shopping center.
      8666 N Union Blvd, Colorado Springs, CO 80920
      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.
    1725-1753 Briargate Blvd
    Colorado Springs, CO 80920
    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
    1725-1753 Briargate Blvd, Colorado Springs, CO, 80920
    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!