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315 Collective 301-315 E Pikes Peak Ave
6,000 SF of Retail Space Available in Colorado Springs, CO 80903
Highlights
- Large outdoor patio space approximately 2,525 SF (not included in RSF)
- Located in an Enterprise Zone, providing special tax incentives and credits for businesses.
- Exceptional Visibility: This property enjoys excellent street frontage and visibility to both pedestrian and vehicle traffic.
- Rapidly growing Downtown area.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 6,000 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $17,500 /MO $210,000 /YR | Triple Net (NNN) |
1st Floor, Ste 100
315 E PIKES PEAK AVENUE is a recently renovated fully built-out restaurant / food hall located in Downtown Colorado Springs. This unique space includes a massive curved bar accessed from both inside and the outdoor patio, fully equipped commercial kitchen with walk-in cooler, dish washing area, four separate food stalls with individual kitchens including (3) 12’ hoods, gas stoves, fry stations, prep areas, etc. All FF&E is available with lease. This is a turnkey space and ready for the next restaurateur to take advantage of the rapidly growing downtown market. Highlights: - Partial list of FF&E: (3) Restaurant series range match cheesemelter, (3) Pro-series restaurant range, (3) Countertop gas griddles, (3) Countertop gas charbroilers, (3) Refrigerated equipment stands, (6) Solstice fryers, 3-compartment sink & dish tables. Walk-in cooler, Exhaust hoods and fans, La Marzocco espresso machine, Americano Nitro cold brew coffee dispenser, Undercounter refrigerators and freezers - Large outdoor patio space approximately 2,525 SF (not included in RSF) - Sprinklered - (2) zoned and reserved parking spaces on Weber with electrical run to the curb for food trucks - Exceptional Visibility: This property enjoys excellent street frontage and visibility to both pedestrian and vehicle traffic. - Located in an Enterprise Zone, providing special tax incentives and credits for businesses.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Freezer Space
- FF&E Available with lease
- Turnkey restaurant space in Downtown
- Large outdoor patio space approximately 2,525 SF
- Rapidly growing market
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.
PROPERTY FACTS FOR 301-315 E Pikes Peak Ave , Colorado Springs, CO 80903
| Property Type | Retail | Year Built/Renovated | 1974/2022 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.6/1,000 SF |
| Gross Leasable Area | 13,805 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 13,805 SF |
| Year Built/Renovated | 1974/2022 |
| Parking Ratio | 0.6/1,000 SF |
About the Property
315 E PIKES PEAK AVENUE is a recently renovated fully built-out restaurant / food hall located in Downtown Colorado Springs. This unique space includes a massive curved bar accessed from both inside and the outdoor patio, fully equipped commercial kitchen with walk-in cooler, dish washing area, four separate food stalls with individual kitchens including (3) 12’ hoods, gas stoves, fry stations, prep areas, etc. All FF&E is available with lease. This is a turnkey space and ready for the next restaurateur to take advantage of the rapidly growing downtown market.
- Bus Line
- Signalized Intersection
Nearby Major Retailers
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315 Collective | 301-315 E Pikes Peak Ave
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