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Property profile & analytics
FOR LEASE
Strip malls

4335 Airport Rd Colorado Springs, CO 80916

15,137 SF 3.66 ac lot Built 1984
Individually Owned 24-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-0309377
Property summary
AI-generated overview

This exceptional retail opportunity presents itself at Murray Airport Plaza, a well-established shopping center in El Paso County's Colorado Springs submarket. The property boasts a total of 25,818 square feet, offering multiple tenancy options. Currently, there are two available spaces, with a minimum divisible size of 1,200 square feet and a maximum of 3,600 square feet, totaling 6,300 square feet of vacant space. The center enjoys a prime location near the Colorado Springs Airport and Academy Boulevard, ensuring high visibility and convenient access for customers. Built in 1985, the property benefits from its established presence within a thriving retail area, surrounded by numerous other prominent businesses. This presents a unique chance for businesses seeking a well-positioned space in a high-traffic location to establish or expand their operations. The flexible space options cater to a variety of retail needs, making it an ideal investment for both established brands and emerging businesses. The proximity to the airport and major thoroughfares guarantees significant foot traffic and exposure, making this a truly compelling retail investment opportunity. The cross street is Airport Road.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Construction WOOD FRAME
Total area 15,137 SF
Lot 3.66 ac (159,430 SF)
Zoning code PBC UV CU AO
APN 6423102039
UPID US13-0309377
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Western Union Bank Credit Union
  • Cardtronics ATM Atm
  • Tacos el Rorris Restaurant
  • Loaf 'N Jug Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.94M
Owner & transaction history
Jeffrey,tr · 24 yrs held
Jeffrey,tr
since 2002
2 recorded transactions
2002
Price N/A
1969
Price N/A
Zoning & alternative use
PBC UV CU AO · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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