7376 Mclaughlin Rd, Peyton, CO 80831-4719
- Strip malls
- 26,235 SF
- 2.93 lot acres
Current Use by Public Records
- Strip malls
Property Details for 7376 Mclaughlin Rd
- Year built
- 2003
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.93 lot acres
- Zone code
- CR
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 4307202022
- APU
- 4307202022
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 2, 2025 | $5,500,000 | 2025 Woodmen Hills LLC | Windy River Retail LLC | Special Warranty Deed | $2.8M · Kirkpatrick Bank |
| Jul 17, 2013 | $3,450,000 | Windy River Retail LLC | New Falcon LLC | Grant Deed | $2.4M · Banner Bank |
| Aug 30, 2010 | — | New Falcon LLC | Csfb 2005-c1 Mclaughlin Road L | Quit Claim Deed · related | $1.9M · Citywide Banks |
| Aug 30, 2010 | $1,810,000 | New Falcon LLC | Csfb 2005-c1 Mclaughlin Road L | Grant Deed | — |
| Dec 31, 2009 | — | 2005-c1 Mclaughlin Road L Csfb | Deputy Public Te Of El Paso Cnty | Trustees Deed · related | — |
| Nov 25, 2009 | $3,634,914 | Jamon LLC | Deputy Public Te Of El Paso Cnty | Certificate Of Purchase | $3.2M |
| Oct 5, 2004 | $4,200,000 | Jamon LLC | Birdseye View Lane LLC | Warranty Deed | $3.2M · Column Financial INC |
Description
The Shops at Woodmen Hills, a thriving retail center in Falcon, Colorado, presents a compelling investment opportunity. This 27,658 square foot property, built in 2003 and situated on 2.93 acres, enjoys a highly visible location at the intersection of East Woodmen Road and McLaughlin Road, serving as a prominent gateway to the town from I-25. The center benefits from excellent access and is strategically positioned near major retailers including Walmart, Safeway, and a planned King Soopers, ensuring high traffic and visibility. Currently, the property is 92.6% occupied, featuring a strong tenant mix of national brands such as Dollar Tree, AT&T, Domino's Pizza, and Fred Loya. One 2,040 square foot space is currently available. The average in-place rent is $14.37 per square foot ($18.62 excluding Dollar Tree), supported by long-term leases. The property offers a Net Operating Income (NOI) of $399,808 and is offered at an asking price of $5,700,000, resulting in a 7.01% capitalization rate. This represents a significant opportunity to capitalize on the exceptional growth experienced in Falcon and the surrounding El Paso County area. The property consists of eight units. This retail center provides immediate return on investment in one of the fastest-growing areas in Colorado.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,700,000
- 6.5%
- $6,185,000
- 7%
- $5,740,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,113,000
Market price range: $3.47M - $11.3M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $7,255,000 Current use
- COMMERCIAL (GENERAL)
- $8,885,000 Change: +22% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $8,330,000 Change: +15% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $7,105,000 Change: -2% Conversion: Difficult
- MEDICAL BUILDING
- $6,375,000 Change: -12% Conversion: Difficult
- RETAIL STORES
- $6,175,000 Change: -15% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Peyton
- County
- El Paso
- State
- Colorado
- Longitude
- -104.607
- Latitude
- 38.9399
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
