The Shops at Woodmen Hills

The Shops at Woodmen Hills is a retail property located just 30 minutes east of Colorado Springs in Peyton (Falcon), Colorado in El Paso County. This town has seen exponential growth and new development over the past few years, and it is not slowing down. The Shops at Woodmen Hills is located on the corner of East Woodmen Road and Meridian Road. This center is the first thing seen driving into town from I-25. The center has one point of full access at East Woodmen Road and McLaughlin Road intersection, and partial access along Meridian Road. This center was built in 2003, totaling approximately 27,658 sf situated on 2.93 Acres. It is 100% occupied. The average in-place rents is $15.64 ($19.10 excluding Dollar Tree) with long-term leases. There is a strong tenant mix including many national tenants. Offered at $5,700,000 with a Net Operating Income of $399,808, Woodmen Hills provides an opportunity to see an immediate return on investment in one of the fastest growing areas in Colorado and the Nation.hThis is a 2,304 square foot second-generation salon space that includes shampoo sinks, nail tech stations, and massage rooms. The space is located at the west end of the property, providing ample exposure and visibility along the Meridian Road and Woodmen Road intersection.