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High-Impact Citadel Mall Anchor Space 820 & 3655 Citadel Dr E 99,734 SF Retail Building Colorado Springs, CO 80909 For Sale



Investment Highlights
- Premier anchor space offering 99,735 SF at the Citadel Mall, with alternate addresses of 820 Citadel Drive E and 3655 Citadel Drive E.
- Includes offices, storage, lounge, fitting rooms, and a shipping/receiving area with two loading docks, as well as on-site parking for 350 vehicles.
- Multi-use zoning in a designated Opportunity Zone, providing potential for adaptive reuse with attractive capital gains tax incentives.
- Delivered vacant and ready for immediate occupancy or leasing, ideal for retail, fitness, or showroom concepts seeking high visibility.
- Steady cross-traffic from major retailers such as PetSmart, Burlington, Sportsman’s Warehouse, Chick-fil-A, Chipotle, Raising Cane’s, and more.
- Desirable submarket with 8.8% retail vacancy, 3.4% five-year rent growth, and a 3-mile population exceeding 121,000 with $1.4B in annual spending.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Title and Insurance
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
99,734 SF
Building Class
B
Year Built/Renovated
1971/2006
Tenancy
Single
Building Height
2 Stories
Loading Docks
2 Exterior
Building FAR
0.31
Lot Size
7.29 AC
Opportunity Zone
Yes
Zoning
PBC - Planned Business Center
Parking
350 Spaces (3.51 Spaces per 1,000 SF Leased)
Frontage
358’ on Citadel Dr
Space Availability
- Space
- Size
- Space Use
- Position
- Available
99,735 SF available for lease
99,735 SF available for lease
| Space | Size | Space Use | Position | Available |
| 1st Floor | 49,867 SF | Retail | End Cap | Now |
| 2nd Floor | 49,867 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 49,867 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
2nd Floor
| Size |
| 49,867 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1st Floor
| Size | 49,867 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
99,735 SF available for lease
2nd Floor
| Size | 49,867 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
99,735 SF available for lease
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $14,851,366 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$14,851,366 CAD
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High-Impact Citadel Mall Anchor Space | 820 & 3655 Citadel Dr E
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