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Murray Square 535-685 N Murray Blvd 1,497 - 10,424 SF of Retail Space Available in Colorado Springs, CO 80915



HIGHLIGHTS
- TENANT INCENTIVE!! 2 MONTHS FREE RENT IF LEASE SIGNED BY 11/30/25
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 593 | 3,400 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $56,954 CAD/YR $4,746 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 595 | 3,240 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $54,273 CAD/YR $4,523 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 623 | 1,497 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $25,076 CAD/YR $2,090 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 659 | 2,287 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $38,310 CAD/YR $3,192 CAD/MO | Triple Net (NNN) |
589-623 N Murray Blvd - 1st Floor - Ste 593
Current church layout Can be combined with suite 5995 for a total of 6,640 SF
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 6,640 SF of adjacent space
589-623 N Murray Blvd - 1st Floor - Ste 595
Current MMA studio layout May be combined with suite 593 for a total of 6,640 SF
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 6,640 SF of adjacent space
589-623 N Murray Blvd - 1st Floor - Ste 623
1,497 square feet available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
641-657 N Murray Blvd - 1st Floor - Ste 659
2,287 square feet available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT MURRAY SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Walmart Neighborhood Market
- Supermarket
- 714
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Walmart Neighborhood Market | Supermarket | 714 | International |
PROPERTY FACTS
| Total Space Available | 10,424 SF | Frontage | 146’ on N Murray Blvd |
| Max. Contiguous | 6,640 SF | Gross Leasable Area | 76,203 SF |
| Center Type | Neighborhood Center | Total Land Area | 42.05 AC |
| Parking | 640 Spaces | Year Built | 1979 |
| Center Properties | 5 |
| Total Space Available | 10,424 SF |
| Max. Contiguous | 6,640 SF |
| Center Type | Neighborhood Center |
| Parking | 640 Spaces |
| Center Properties | 5 |
| Frontage | 146’ on N Murray Blvd |
| Gross Leasable Area | 76,203 SF |
| Total Land Area | 42.05 AC |
| Year Built | 1979 |
ABOUT THE PROPERTY
TENANT INCENTIVE!! 2 MONTHS FREE RENT IF LEASE SIGNED BY 11/30/25 Murray Square is a Walmart anchored neighborhood shopping center located at the lighted corner of Platte Avenue and Murray Boulevard, one of the busiest intersections in Colorado Springs. Three end cap spaces available Ample parking Great visibility and access Surrounded by densely populated neighborhoods Anchor Tenants: Walmart Neighborhood Market and Pikes Peak Library District Ruth Holley Branch.
NEARBY MAJOR RETAILERS
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Murray Square | 535-685 N Murray Blvd
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