- For Sale $6,200,000
- Property Type Retail - Strip
- Property Size 16,000 SF
- Lot Size 1.67 Acre
- Parking Spaces Avail. 63
- Parking Ratio 4.00 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class A
- Year Built 2006
- Date Updated Sep 23, 2026
Description
The property is located at Powers Boulevard and Research Parkway in northeast Colorado Springs, near the Wolf Ranch master-planned community. The Powers corridor connects the center with surrounding residential neighborhoods, national retailers and medical facilities, including UCHealth Memorial Hospital North and St. Francis Hospital.The Shops at Powers & Research is a 16,000 SF retail center at Powers Boulevard and Research Parkway in northeast Colorado Springs. The six-tenant mix includes restaurants, dance instruction, insurance and personal services. The offering reflects the Springs Dance expansion to 5,600 SF and projected full occupancy. Projected Year One NOI of $434,574 covers February 1, 2027 through January 31, 2028 and includes no vacancy allowance.
Highlights
- 16,000 SF retail center with six tenants; projected 100% occupancy includes the Springs Dance expansion
- 2026 tenant commitments include the Springs Dance expansion and Pies & Grinders amendment
- Average household income of $156,471 within one mile (2023 ACS)
- Contractual rent increases during the projected Year One period
- Powers Boulevard and Research Parkway location near Wolf Ranch
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Contacts
Troy Meyer
SVN | Denver Commercial
Location
Located at 5490 & 5510 Powers Center Pt, Colorado Springs, CO 80920, this property is part of the Briargate neighborhood and Denver market.
Contact Listing Broker
Troy Meyer
SVN | Denver Commercial
