MARKETING PACKAGE AVAILABLE River Bend Crossing RETAIL - 5,100 SF RESTAURANT 5,600 SF JR ANCHOR 12,700 SF RETAIL 7,700 SF ANCHOR 20,700 SF SOUTHMOOR DR. RETAIL 9,310 SF NAP CANAM HWY. - 24,600 VPD ENDCAP DT FAST FOOD W/ DT 2,667 SF 25,000 VPD Overview AVAILABLE RATE Description Inline & Small Shop Space - 1,200-12,700 SF Restaurant Pad - 5,600 SF Fast Food w/ Drive Thru - 2,667 SF Retail Pads - 7,700 & 9,310 SF Anchor - 20,700 SF Contact Broker for Rates 9.90 acre mixed-use development on hard corner 2019 Q1 and Q2 pad delivery 225 new single family housing units ($300K Range) Growing market (5 year projected growth rate of > 13.7%) Close proximity to Fort Carson Base Contact ERIC DIESCH 303.390.5230 eric.diesch@srsre.com Co-Listed With GREG KAUFMAN 719.634.1500 greg@corecommbc.com City of Fountain Fountain is pure Colorado from its attractive views of Pikes Peak and the Front Range, to rolling hills, recreation parks and trails, and history of agriculture. Fountain boasts the charming aspects of country living with the urban amenities of great restaurants and stores. Located along I-25 and Fountain Creek, Fountain retains a friendly small town atmosphere and quick access to Colorado Springs. 1% - 2% projected annual growth rate Fort Carson is the area's largest emloyer at 2,041 employees Accessibility 10 minutes/7 miles to Colorado Springs Airport 15 minutes/12 miles to Downtown Colorado Springs 25 minutes/27 miles to Pueblo 1.25 hours/75 miles to Denver 1.5 hours/95 miles to Denver International Airport Demographics 3 MILE 5 MILE 7 MILE Current Population 52,798 148,535 230,975 Total Households 16,479 50,942 84,912 Average HH Income $68,132 $68,515 $66,566 Daytime Population 40,118 129,331 247,706 Year: 2017 Source: Esri SRS REAL ESTATE PARTNERS 1875 Lawrence Street, Suite 850 Denver, CO 80202 303.572.1800
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MARKETING PACKAGE Retail Market Profile Leakage/Surplus Factor Data Note: Supply (retail sales) estimates sales to consumers by establishments. Sales to businesses are excluded. Demand (retail potential) estimates the expected amount spent by consumers at retail establishments. Supply and demand estimates are in current dollars. The Leakage/Surplus Factor presents a snapshot of retail opportunity. This is a measure of the relationship between supply and demand that ranges from +100 (total leakage) to -100 (total surplus). A positive value represents leakage of retail opportunity outside the trade area. A negative value represents a surplus of retail sales, a market where customers are drawn in four industry groups within the Food Services & Drinking Establishments subsector.
DEMOS Executive Summary SRS REAL ESTATE PARTNERS 1875 Lawrence Street, Suite 850 Denver, CO 80202 303.572.1800
MARKETING PACKAGE Business Improvement District (BID) and Public Improvement Fee (PIF) Summary Descriptions Business Improvement Distrcit - BID The property may be within the boundaries of a Business Improvement District (BID) which operates under the authorities and powers allowed under the Business Improvement District Act, Section 31-25-1201, et seq., Colorado Revised Statutes. The BID may fund or perform the design, installation, construction, or acquisition of public improvements within the project area. The BID may also own, operate and maintain public improvements such as parking areas, common areas, signage, landscaping and perform related functions such as snow removal, lot striping, etc. on BID property. The ownership of parking lots, common areas and signage by the BID results in lower CAM charges for property owners and tenants within the BID. The BID is also authorized to perform marketing functions to enhance the business climate within its boundaries. The BID is funded through property taxes and fees and is subject to annual budget and audit requirements as a government and political subdivision of the State of Colorado. The BID can also act in conjunction with other governmental entities such as the City, other districts and urban renewal authorities to provide coordinated regional improvements and services. Public Improvement Fee - PIF The property within the development is subject to a Public Improvement Fee (PIF) which has been or will be recorded against the property as a private covenant against the land. The PIF covenant imposes a fee as a percentage of all sales occurring within the property subject to the PIF covenant. The PIF is collected at the register on all retail sales (pre-tax) that are normally subject to the Colorado and local sales tax and is then paid to an entity designated in the PIF covenant, usually a Business Improvement District or Metropolitan District. The PIF receipts are pledged for repayment of bonds that have been issued to fund public improvements constructed for the project. The PIF funds can also be used to fund operations and maintenance functions for the project. As a private covenant, the PIF is a condition of ownership or leasing of property within the PIF covenant boundaries and failure to collect and remit the PIF as required is a viola-