1725-1753 Briargate Blvd Colorado Springs, CO 80920
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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