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Valli Hi Shopping Center 405-525 S Circle Dr 860 - 3,711 SF of Retail Space Available in Colorado Springs, CO 80910
HIGHLIGHTS
- High-traffic Intersection
- 2nd Generation Kitchen
- Ample surface parking
- Flexible MX-M Zoning
- Anchored by Save A Lot & Family Dollar
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 425 | 860 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $13,760 /YR $1,147 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 509 | 2,851 SF | 1-10 Years | $16.00 /SF/YR $1.33 /SF/MO $45,616 /YR $3,801 /MO | Triple Net (NNN) |
405-525 S Circle Dr - 1st Floor - Ste 425
Two prime spaces are now available at Valli Hi Shopping Center, strategically located at South Circle Drive and Airport. Road with strong visibility, prominent signage, and easy access to I-25. This high-tra?c center is anchored by Save A Lot, Family Dollar, and other strong tenants. Suite 509 o?ers 2,851 SF and features a 2nd generation commercial kitchen, making it ideal for a restaurant or food service use. Suite 425 provides 860 SF, perfectly suited for boutique retail or professional o?ce users. Contact us today to learn more or to schedule a private showing.
- Lease rate does not include utilities, property expenses or building services
405-525 S Circle Dr - 1st Floor - Ste 509
Two prime spaces are now available at Valli Hi Shopping Center, strategically located at South Circle Drive and Airport. Road with strong visibility, prominent signage, and easy access to I-25. This high-tra?c center is anchored by Save A Lot, Family Dollar, and other strong tenants.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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 VALLI HI SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Circle Liquors
- Liquor
- 1
- Local
- Family Dollar
- Dollar/Variety/Thrift
- 9,663
- National
- La Palapa
- Restaurant
- 1
- Local
- Metro by T-Mobile
- Wireless Communications
- 10,967
- National
- Save-A-Lot
- Discount Grocer
- 1,129
- National
- Tortilleria Delicias
- Restaurant
- 2
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Circle Liquors | Liquor | 1 | Local |
| Family Dollar | Dollar/Variety/Thrift | 9,663 | National |
| La Palapa | Restaurant | 1 | Local |
| Metro by T-Mobile | Wireless Communications | 10,967 | National |
| Save-A-Lot | Discount Grocer | 1,129 | National |
| Tortilleria Delicias | Restaurant | 2 | Local |
PROPERTY FACTS
FEATURES AND AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
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Valli Hi Shopping Center | 405-525 S Circle Dr
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