7376 Mclaughlin Rd Peyton, CO 80831-4719
- Strip malls
- 26,235 SF
- 2.93 lot acres
Jun 02, 2025
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
- Property size
- 26,235 SF
- Zone code
- CR
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 4307202022
- APU
- 4307202022
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 Estimation
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CAP approach
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Comparable approach
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Alternative Use
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
