15898 Jackson Creek PkwyMonument, CO 80132

Property Details for 15898 Jackson Creek Pkwy

Year built

2005

Construction

WOOD FRAME

Lot size

2.08 AC

Property size (Sq ft)

5,920 SF

Zone code

PUD

Property type

Retail properties

Property subtype

Turn key restaurants

APN

7126005007

APU

7126005007

Description

This exceptional retail property, formerly a Chili's Bar & Grill, presents a unique investment opportunity in Monument, Colorado. Located at 15898 Jackson Creek Pkwy, this single-story building boasts a total of 30,849 square feet, divided into nine individual suites. The property sits on a 2.08-acre lot (90,605 square feet) and offers flexible space options, with a minimum divisible space of 1,035 square feet and a maximum contiguous space of 20,917 square feet. Currently, there is 51,999 square feet of vacant space available, providing significant potential for multiple tenants or a single large occupant. Built in 2005, the building is zoned PUD (Planned Unit Development) and is situated in the desirable CO - Colorado Springs Tri-Lakes submarket of El Paso County. The property's prime location and ample space make it ideal for a variety of retail uses, particularly restaurants or businesses seeking high visibility and accessibility. The address is 15898 Jackson Creek Pkwy, Monument, CO 80132. This is a rare opportunity to acquire a substantial retail property in a thriving Colorado Springs area community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,903,512

  6.5%

  $1,757,088

  7%

  $1,631,582

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,232,558

  Geo Method

  $1,232,558

• Alternative Use

  Use

  Valuation

  Residential

  $1,482,170

  Hospitality

  $1,357,660

  Educational

  $1,129,557

  Medical

  $1,168,404

  Retail

  $1,757,088

Location Insight

City

Monument

County

El Paso

State

Colorado

Latitude

39.0635

Longitude

-104.854

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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