121-127 Justice Ctr Rd Cañon City, CO 81212
- Retail properties
- 64,561 SF
- 5.37 lot acres
Current Use by Public Records
- Retail properties
Property Details for 121-127 Justice Ctr Rd
- Year built
- 2004
- Lot size
- 5.37 lot acres
- Property size
- 64,561 SF
- Property type
- Retail properties
Description
This exceptional 64,561 square foot retail center, built in 2004, is strategically located at the intersection of Highway 50 and Justice Center Road in Cañon City, Colorado. Boasting a strong 90.72% occupancy rate, the property sits on a 5.37-acre lot and benefits from significant recent upgrades including facade, roof, and parking lot improvements. Anchor tenants include Planet Fitness, Ent Credit Union, and Cañon Cinema, attracting a diverse customer base. The center's high ceilings offer adaptable spaces suitable for a variety of retail uses. Its prime location benefits from high traffic counts, with 19,646 vehicles daily traversing Highway 50 and Mackenzie Avenue. The property is conveniently situated 45 miles southwest of Colorado Springs and 25 miles northwest of Pueblo, providing access to a substantial regional population. The area's natural beauty, including the Arkansas River, numerous parks, hiking trails, canyons, and the Royal Gorge Bridge and Train Ride, draws significant tourism, further enhancing the center's appeal. This presents a compelling investment opportunity in a thriving Colorado community. The asking price is $6,522,500.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cañon City
- County
- Fremont
- State
- Colorado
- Longitude
- -105.184
- Latitude
- 38.4466
