3-Tenant Outparcel Strip
Blue West Capital, in partnership with SRS Real Estate Partners, is pleased to present the opportunity to acquire The Shops at Woodmen Plaza, a 100% occupied, three-tenant retail strip center located at 3502 Hartsel Drive in Colorado Springs, Colorado. The 10,000 square foot asset is positioned as an outparcel to a King Soopers-anchored shopping center and benefits from strong visibility and access along Woodmen Road, one of the area’s primary retail corridors.
The property is leased to a complementary, service-oriented tenant mix including Mama Poke, Little Caesars, and Woodmen Wine & Liquor, providing consistent daily traffic and resistance to e-commerce disruption. The lease structure includes net leases with tenants reimbursing operating expenses, creating a low-management investment profile. Embedded rent increases and renewal options across the tenant lineup provide continued income growth and long-term stability.
The surrounding trade area is supported by dense residential neighborhoods, including Briargate, and strong demographics with over 113,000 residents and average household incomes exceeding $129,000 within three miles. The site is further enhanced by proximity to major national retailers, including Walmart, Home Depot, Starbucks, and additional daily-needs anchors that drive sustained traffic to the corridor.
