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Marketplace East Shopping Center - Safeway

Off-Market

2890 North Powers Blvd, Colorado Springs, CO 80922

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  • Property Type Retail - Power Center
  • Property Size 55,195 Sqft
  • Lot Size 7.62 Acre
  • Property Tenancy Owner Occupied
  • Year Built 1995

Location

  • City Colorado Springs, CO
  • Neighborhood Village Seven
  • Zip Code 80922
  • Market Denver

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Colorado Springs

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Colorado Springs Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $21.08
  • 2020 Office Vacancy Rate 14.71 %
  • 2020 Office Completions (Sqft)

Colorado Springs Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $155.39
  • Y-o-Y Avg. PpSF Change 24.17 %
  • 2020 Office Sales Volume $159M
  • 2020 Number of Transactions 14
View more Colorado Springs market trends

Tax

  • Property Tax in 2020 $58,583
  • Market Value $2,945,000
  • Assessed Value $2,945,000

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Marketplace East Shopping Center - Safeway?

Marketplace East Shopping Center - Safeway totals 55,195 square feet.

When was this property built?

Marketplace East Shopping Center - Safeway was built in 1995.

What is the property tax for Marketplace East Shopping Center - Safeway?

The property tax for Marketplace East Shopping Center - Safeway in 2020 was $58,583.

What is the market value for Marketplace East Shopping Center - Safeway?

The market value for Marketplace East Shopping Center - Safeway in 2020 was $2,945,000.

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