3730 Astrozon BlvdColorado Springs, CO 80910

Property Details for 3730 Astrozon Blvd

Year built

1985

Construction

WOOD FRAME

Lot size

1.88 AC

Property size (Sq ft)

18,334 SF

Zone code

C6 P AO

Property type

Retail properties

Property subtype

Strip malls

APN

6434112002

APU

6434112002

Description

This exceptional Colorado Springs property, located at 3730-3754 Astrozon Boulevard, offers two distinct commercial spaces within the recently renovated Astrozon Plaza shopping center in El Paso County, zip code 80910. The first unit, encompassing 1,500 square feet, is a second-generation restaurant space ideally situated on a prime endcap. It boasts existing kitchen infrastructure, making it a turnkey solution for restaurants, cafes, or quick-service establishments. This unit benefits from high visibility and convenient access, capitalizing on substantial neighborhood traffic. The second unit provides 2,200 square feet of adaptable space, perfect for a variety of uses including retail, office space, or fitness studios. Its open layout allows for customization to meet specific business needs. Both units are situated in a high-traffic area along Astrozon Boulevard, offering excellent exposure and ample parking for customers and employees. This location provides easy access for the community and presents a unique opportunity to establish a business in a thriving Colorado Springs neighborhood. The property is categorized as retail and office, with multiple tenancies available. This prime location offers flexible leasing options and is ready for immediate occupancy. The property is situated at 38.7952623 latitude and -104.7600641 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $5,895,101

  6.5%

  $5,441,632

  7%

  $5,052,944

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,817,183

  Geo Method

  $3,817,183

• Alternative Use

  Use

  Valuation

  Residential

  $4,590,220

  Hospitality

  $4,204,617

  Educational

  $3,498,192

  Medical

  $3,618,500

  Retail

  $5,441,632

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.7954

Longitude

-104.76

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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