For Lease
$10/SF/YR

4305 Platte Ave Colorado Springs, CO 80915

14,490 SF, High-Traffic Location

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
This ±14,490 square foot former Walgreens offers a unique sublease opportunity in a prime East Colorado Springs location. Situated at a prominent retail intersection boasting approximately 60,000 vehicles per day, the property benefits from high visibility and convenient access via front and rear entrances. The building, constructed in 2002, includes a drive-thru, monument signage with a reader board, and building signage, along with approximately 70 parking spaces. The suggested annual rent is $145,000, modified gross (taxes, repairs, and maintenance included; utilities are separate). The sublease term is co-terminus with the master lease, expiring July 31, 2027. The property is zoned Mixed Use Medium Scale (MX-M), offering flexibility for various uses, excluding pharmacies. Nearby national retailers include Walmart, McDonald's, Starbucks, Shell, Dutch Bros, and Bank of Colorado. The property is offered "as-is," and all offers are subject to the approval of Walgreens' Real Estate Committee. This presents a compelling opportunity for businesses seeking a well-located, established space in a thriving commercial area, just four miles from the Colorado Springs Airport and Peterson Space Force Base. The property's size, amenities, and location make it an ideal choice for a variety of businesses seeking high visibility and strong traffic counts.

Highlights

  • Sublease opportunity: ±14,490 SF former Walgreens with drive-thru, $145,000/year modified gross (taxes, repairs & maintenance included; utilities separate).
  • Master lease expiration: 7/31/27.
  • Building features: Monument signage, building signage, approx. 70 parking spaces.
  • Access & improvements: Built in 2002, front/rear access, extended rear access.
  • Location highlights: High-traffic area (approx. 60,000 VPD), near major retailers (Walmart, McDonald's, Starbucks), mixed-use zoning (MX-M).
  • Prohibited use: Pharmacy.

Property Details for 4305 Platte Ave

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
14,490 SF

Unit(s) available at that property

Space
Size
14,490 SF
Rate per SF
$10

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8389676
Longitude
-104.7472629

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FAQs

What type of property is this?
Retail property - 14,490 SF, High-Traffic Location
Where is the retail property located?
The property is located at 4305 Platte Ave Colorado Springs, CO.
What is the lease rate?
The lease rate is $10/SF/YR.
What are key features of this property?
This property features: Sublease opportunity: ±14,490 SF former Walgreens with drive-thru, $145,000/year modified gross (taxes, repairs & maintenance included; utilities separate).; Master lease expiration: 7/31/27.; Building features: Monument signage, building signage, approx. 70 parking spaces.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Mark Hollenbeck
Visit Broker Website

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Platte Ave
Colorado Springs, CO 80915

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Platte Ave
Colorado Springs, CO 80915

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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4305 Platte Ave
  • Mark Hollenbeck
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