1103 Cir Dr Colorado Springs, CO 80909-3134
Pioneer Plaza, located at 1103 N Circle Dr, Colorado Springs, CO 80909, offers an exceptional retail investment opportunity. This single-story, Class B retail center comprises eleven suites in total, with three currently available for lease. The available spaces boast a combined area of 1,203 square feet and have recently undergone a "white box" renovation, providing incoming tenants with a blank canvas for customized design and build-out. The property benefits from a strong anchor tenant, a Safeway supermarket, consistently ranked among the busiest three in the Colorado Springs and Pueblo area. This high-traffic location ensures excellent visibility and foot traffic for all tenants. The center enjoys a diverse tenant mix, including established businesses such as Ace Hardware, Jackson Hewitt, and Papa Murphy's, creating a vibrant and synergistic shopping environment. The motivated ownership group is actively seeking new tenants to complete the center's occupancy and further enhance its success. This is an ideal opportunity for businesses seeking high-visibility retail space in a thriving Colorado Springs neighborhood. The property's prime location and existing tenant base offer a compelling investment proposition with significant potential for growth and return. The available spaces are ready for immediate occupancy, allowing for a swift and efficient start to operations.
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Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
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Escape the Place Arcade & Gaming Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C5 · Colorado Springs, COColorado Springs. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.