5710 Carefree CirColorado Springs, CO 80917

Property Details for 5710 Carefree Cir

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.71 AC

Property size (Sq ft)

22,240 SF

Zone code

PBC/CR AO

Property type

Strip malls

Property subtype

Neighborhood centers

APN

6325417004

APU

6325417004

Description

This exceptional retail opportunity is located within the Carefree Powers Center at 5710 N Carefree Cir, Colorado Springs, CO 80917. The property, built in 1988, offers a total of 33,168 square feet across two stories, with a currently available space of 1,750 square feet. The center is zoned PBC and situated in El Paso County, providing excellent access and visibility. The ample parking caters to both tenants and customers, with a ratio of 3 spaces per 1,000 square feet of rentable space. This multi-tenant building presents a versatile space ideal for a variety of retail businesses seeking a prominent location in a well-established commercial center. The property's strategic location in Colorado Springs offers easy access to major transportation routes and a thriving consumer base. The available 1,750 square foot space provides a blank canvas for businesses looking to establish or expand their presence in this dynamic market. This is a rare opportunity to secure a space in a well-maintained and highly visible retail center. Interested parties should inquire promptly to learn more about lease terms and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $7,151,034

  6.5%

  $6,600,954

  7%

  $6,129,457

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,630,422

  Geo Method

  $4,630,422

• Alternative Use

  Use

  Valuation

  Residential

  $5,568,152

  Hospitality

  $5,100,397

  Educational

  $4,243,470

  Medical

  $4,389,410

  Retail

  $6,600,954

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.8859

Longitude

-104.721

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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