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    5617 Barnes Rd Colorado Springs, CO 80917-1347
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    Property profile & analytics

    5617 Barnes Rd, Colorado Springs, CO 80917-1347

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    • Grocery and convenience stores
    • 29,898 SF
    • 0.69 lot acres
    Off-Market
    Property ID
    US13-2351334
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,825,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sprouts Farmers Market / Grocery & Convenience Store / Food Market

    Property Details for 5617 Barnes Rd

    Year built
    2016
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.69 lot acres
    Zone code
    PBC/CR AO
    Property type
    Grocery and convenience stores
    APN
    6325113009
    APU
    6325113009

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 18, 2022 — Harbor Freight Tools USA INC Tsg Colorado Springs LLC Lease —
    May 7, 2020 — Tsg Colorado Springs LLC — Deed · related $23.9M · Busey Bk
    Aug 14, 2019 — Matthew 11 28 LLC — Deed · related —
    May 16, 2019 — Tsg Colorado Springs LLC — Grant Deed · related $25.5M · Busey Bk
    Jan 24, 2019 — Rocky Hill Property LLC — Deed · related —
    Jul 18, 2018 — Tsg Colorado Springs LLC — Loan Modification · related $18.8M · First Nat'l Bk
    — — Rocky Hill Property LLC — Loan Modification · related —
    — — Matthew 11 28 LLC — Loan Modification · related —
    — — Tsg Colorado Springs LLC — Loan Modification · related $23.9M · Busey Bk

    Description

    Powers Pointe, a Class A retail strip center located at 5617 Barnes Rd, Colorado Springs, CO 80917, presents a unique opportunity. This 106,684 square foot property boasts a prime location at the intersection of Barnes Rd and Barnes and Powers Blvd, within the Colorado Springs submarket. Currently, there is 3,600 square feet of vacant space available, ideal for a variety of retail uses. This space is an endcap unit and includes desirable patio seating, perfect for businesses that benefit from outdoor space. The center enjoys significant daytime traffic, providing excellent visibility and accessibility for potential tenants. The strong co-tenancy within this established shopping center ensures a vibrant and successful retail environment. This is the last remaining vacancy in this high-demand location, making it a truly exceptional opportunity for businesses seeking a prominent presence in a thriving Colorado Springs market. The property's Class A designation reflects its high-quality construction and modern amenities. Don't miss this chance to secure a space in a premier retail destination.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.723
    Latitude
    38.893
    CBSA code
    17820
    CBSA name
    COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $89,331
    $130,550
    $656,040
    $786,590
    -
    $467,931
    $2,351,407
    $2,819,338
    More about this property
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