10/13/2021
Colorado Springs Quarterly Retail Insights
I specialize in listing, leasing and selling retail buildings in Colorado Springs. I list, lease and sell these buildings using best of practice marketing techniques which generally increases a building owner's cash flow. If you'd like to know more please contact me today!
Retail buildings are currently selling for $179 PSF with an average cap rate of 7.6%. If you arenβt meeting these numbers then you need someone like myself to help you reach these current market rates. These same buildings are leasing for $17.75 SF/YR on average. I canβt stress it enough, these are the prices you should be selling or leasing your retail building(s) for in Colorado Springs, if not, then you need me.
Vacancy rates are currently averaging 5.2%. If you are having vacancy troubles then having me help you is crucial. I will not only find you quality tenants but I will do so in a timely manner, eliminating any vacancy concerns you may have.
I was born and raised in Colorado Springs and have been studying the market for an extended period of time. There is no doubt in my mind, now is the time to lease, buy or sell retail property. If you are in need of commercial real estate assistance contact me today!