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The Citadel - JCPenney

Off-Market

680 Citadel Drive East, Colorado Springs, CO 80909

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Super Regional Mall
  • Property Size 208,517 SF
  • Lot Size 13.23 Acre
  • Property Tenancy Owner Occupied
  • Year Built 1970

Location

  • Walk Score ® Car-Dependent (48)
  • Transit Score ® Some Transit (43)
  • Bike Score ® Somewhat Bikeable (32)
Powered by Walk Score ®
  • City Colorado Springs, CO
  • Neighborhood Knob Hill
  • Zip Code 80909
  • Market Denver

Points of Interest

Manitou Springs

9.19 miles

Valero

1.07 miles

Kum & Go

1.72 miles

Shell

2.26 miles

ChargePoint

2.94 miles

Conoco

3.22 miles

ChargePoint

3.30 miles

Tesla Supercharger

3.43 miles

Conoco

3.61 miles

Valero

3.71 miles

ChargePoint

4.08 miles

C-1

3.38 miles

W-8

3.48 miles

W-6

3.58 miles

Lot 230

4.21 miles

Airport Employee parking

4.39 miles

Valet Parking Lot

4.39 miles

BLDG 1 WEST LOT

4.51 miles

Airport Parking payment

4.66 miles

Old Colorado City Surface Lot

5.62 miles

Trailhead Parking

6.47 miles

Black Eyed Pea

0.31 miles

Black Bear Diner

0.39 miles

Arby's

0.66 miles

Taco Bell

1.83 miles

Garden Cafe Chinese Food

2.22 miles

Marco's Pizza

2.22 miles

Golden Corral

2.56 miles

Wade's Cafe

2.81 miles

Preserve

3.55 miles

COATI

3.58 miles

Citadel Mall

0.09 miles

Walmart Supercenter

0.58 miles

Save-A-Lot

1.57 miles

My BargainMart

2.01 miles

Walmart Supercenter

2.28 miles

Save-A-Lot

2.67 miles

Kohl's

3.14 miles

Big Lots

3.30 miles

TJ Maxx

4.00 miles

Burlington

4.02 miles

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.

  • 2021 Avg. Asking Rent $22.55
  • 2021 Office Vacancy Rate 15.36%
  • 2021 Office Completions (SF) 414,930

Colorado Springs Office Sales Trends

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

  • 2021 Avg. Price per SF $180.86
  • Y-o-Y Avg. PpSF Change 9.36%
  • 2021 Office Sales Volume $338.5M
  • 2021 Number of Transactions 24
View more Colorado Springs market trends

Tax

  • Property Tax in 2021 $89,660
  • Market Value* $5,173,455
  • Assessed Value $5,173,455

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of The Citadel - JCPenney?

The Citadel - JCPenney totals 208,517 square feet.

When was this property built?

The Citadel - JCPenney was built in 1970.

What is the property tax for The Citadel - JCPenney?

The property tax for The Citadel - JCPenney in 2021 was $89,660.

What is the market value for The Citadel - JCPenney?

The market value* for The Citadel - JCPenney in 2021 was $5,173,455.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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