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University Village Colorado - Lowe's

Off-Market

4880 North Nevada Avenue, Colorado Springs, CO 80918

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

  • Property Type Retail - Power Center
  • Property Size 169,112 SF
  • Lot Size 12.3 Acre
  • Property Tenancy Owner Occupied
  • Year Built 2009

Location

  • Walk Score ® Somewhat Walkable (53)
  • Transit Score ® Some Transit (30)
  • Bike Score ® Bikeable (53)
Powered by Walk Score ®
  • City Colorado Springs, CO
  • Neighborhood Pulpit Rock
  • Zip Code 80918
  • Market Denver

Points of Interest

Manitou Springs

6.74 miles

Domino's EV Charger

0.81 miles

7-Eleven

0.84 miles

ChargePoint

2.75 miles

Conoco

3.03 miles

ChargePoint

3.05 miles

King Soopers Fuel Center

4.17 miles

Conoco

4.37 miles

Tesla Supercharger

4.41 miles

Kum & Go

4.57 miles

7-Eleven

4.58 miles

Alpine Parking Garage and Recreation Field

0.75 miles

Lot 432

0.97 miles

Legacy Plaza

3.00 miles

W-4

3.65 miles

First Presbyterian Church Parking

4.53 miles

Canon Avenue Parking Lot

5.99 miles

Black Forest Park-n-Ride

6.96 miles

BLDG 1 WEST LOT

7.90 miles

Airport Employee parking

9.53 miles

Airport Employee parking

9.71 miles

Sonic

1.91 miles

IHOP

1.94 miles

Noodles

2.76 miles

Poke Bop Bowl-N-Roll

2.93 miles

Four by Brother Luck

4.31 miles

Saigon Cafe

4.75 miles

COATI

5.20 miles

Shugas

5.34 miles

Carl's Jr.

5.66 miles

The Skirted Heifer

5.70 miles

Kohl's

0.10 miles

Target

2.16 miles

Safeway

2.33 miles

King Soopers

2.42 miles

Big Lots

2.50 miles

Ross

2.98 miles

Walmart Neighborhood Market

3.37 miles

Chapel Hills Mall

3.47 miles

King Soopers

3.89 miles

Upper Carniceria

4.19 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.

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

Colorado Springs Office Sales Trends

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

  • 2020 Avg. Price per SF $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 2021 $139,533
  • Market Value* $8,051,097
  • Assessed Value $8,051,097

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 University Village Colorado - Lowe's?

University Village Colorado - Lowe's totals 169,112 square feet.

When was this property built?

University Village Colorado - Lowe's was built in 2009.

What is the property tax for University Village Colorado - Lowe's?

The property tax for University Village Colorado - Lowe's in 2021 was $139,533.

What is the market value for University Village Colorado - Lowe's?

The market value* for University Village Colorado - Lowe's in 2021 was $8,051,097.
*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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