1025 Garden Of The Gods RdColorado Springs, CO 80907

  • Retail properties
  • 12,778 SF
For Lease
$243.84/SF/YR View listing

Property Details for 1025 Garden Of The Gods Rd

Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
3.93 AC
Property size (Sq ft)
12,778 SF
Zone code
C6
Property type
Retail properties
Property subtype
Strip malls
APN
7325207026
APU
7325207026

Description

This exceptional 1,181 square foot retail space, located within the Garden of the Gods Plaza at 1025 Garden of the Gods Rd, Colorado Springs, CO 80907, presents a unique opportunity. Currently in shell condition, this space is ideally suited for a ghost kitchen or commissary kitchen operation. The property boasts essential utility infrastructure already in place, simplifying the build-out process and minimizing upfront costs. Its strategic location at a signalized intersection on Garden of the Gods Road ensures high visibility and accessibility. The convenient access to I-25 and other major thoroughfares guarantees significant foot and vehicle traffic, providing excellent exposure for your business. This multiple-tenancy building offers a vibrant and established commercial environment. The property's latitude and longitude coordinates are 38.8964312519651 and -104.84105506417872 respectively. This is a rare chance to establish a thriving culinary business in a high-traffic, easily accessible location within a well-regarded commercial plaza. Don't miss this opportunity to secure your ideal kitchen space in a prime Colorado Springs location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,108,629
    6.5%
    $3,792,580
    7%
    $3,521,682
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,660,410
    Geo Method
    $2,660,410
  • Alternative Use

    Use
    Valuation
    Residential
    $3,199,184
    Hospitality
    $2,930,435
    Educational
    $2,438,088
    Medical
    $2,521,937
    Retail
    $3,792,580
1025 Garden Of The Gods Rd, Colorado Springs, Colorado

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8961
Longitude
-104.842
CBSA code
17820
CBSA name
COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$346,270
$1,090,850
$1,437,120
-
$1,241,128
$3,909,851
$5,150,979

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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.
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 unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].