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Property Overview

Price/Rent PSF Inquire
Asset Type Retail
Trade Type Lease
SQ. FT. Available 8,512
Date Available 08/02/2019
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Description

Location
Colorado Spring’s reputation as the “2018 #2 Best Places to Live” and the “2017 #1 Mid-Sized American Cities of the Future for the Human Capital & Lifestyle” has been duly noted by the savvy residential and commercial developers. Robust sales of newly built homes, a 64-unit My Place hotel adjacent to the west, a Starbucks down the street, and a 700-seat auditorium for live music and events, opening Summer 2018, all have been geared toward the area’s growing and more discerning population. The growth of population within a 3-mile radius has been over 2.5 times the national average and 1.5 times faster than the State. The median household income is $112,000. According to Esri, the residents tend to fall within the categories of well educated, well read, and well capitalized. Over 65% hold college degrees or higher education, and 84% are white collar workers.

Important employers in the area include the Air Force Academy, Progressive Insurance, Pikes Peak Community College, Lockheed Martin, USAA, and Focus on the Family. Major draws within the immediate area include the Bass Pro Shops, Overdrive Raceway, and the Magnum Shooting Center.

Lease
122 Tracker Drive is part of the Shops at Polaris point development, the main local shopping destination for the rapidly growing community within the Northeast Corridor of Colorado Springs. Referred to as the Colorado Spring’s most dynamic “path of growth”, this submarket has been a coveted location for the national and local retailers, aiming to capture their share of the growing demand for quality retail offerings.

The subject lease is for 1,225 sf of space. This tenant location will benefit from the busy traffic generated by Costa Vida and Jimmy John’s as its immediate neighbors, as well as from the active lifestyle aficionados, attracted to the area by the Bass Pro Shops located across the street. The other retailers in the area include Sprouts Natural Grocers, AT&T, Mod Pizza, Chick-fil-A, CB & Potts, Kneaders Baker and Boot Barn among others.

Location

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