Southgate Shopping Center

Lake Ave & S Nevada Ave
Colorado Springs, CO
United States

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Southgate Shopping Center in Colorado Springs, Colorado is an attractive, single-storey 131,600sf neighborhood shopping center on a 13.9 acre site. Built in phases between 1959 and 1984, it was acquired in 1993 by a small group of investors lead by by Anthem. The Center services a trade area of 67,000 households, located within a five mile radius of the property. At the time of acquisition, its anchor tenants were King Soopers, Woolworths and a Standard Oil service station. This property was sold in 1999.

Property Summary

Status

Previously Owned

Year Acquired

1993

Year Developed

1959, 1984

GLA

131,603 ft²

Trade Area

30,000