#Chapel hills mall free

Within the immediate trade area of Chapel Hills Mall, there is a median household income of $102,511.Ĭhapel Hills Mall was built in 1982 and renovated in 19 (the cinema addition). The center is positioned near the United States Air Force Academy, which features a staff & student population of approximately 5000 people. Chapel Hills is located adjacent to Chapel Hills Mall.

In addition to its location along the Academy Boulevard retail corridor, the mall also benefits from its proximity to additional retailers in the area, including Apple, Barnes & Noble, Best Buy, Olive Garden, Sonic, Walmart and Whole Foods. Chapel Hills is a 544,327 sf retail property located in El Paseo County at N.

Demo will make way for more apartments that just got permitted yesterday. The Briargate Car Wash site also presents the opportunity to redevelop and expand this outparcel to accommodate a larger restaurant or retail use.” Have you been to the Chapel Hills Mall lately The old Sears is almost completely gone. “Potential tenants for the former Gordmans box include a regional fitness operator and a national entertainment company, two uses that do very well in a prime location like Chapel Hills Mall. “The opportunity for the former Gordmans box is especially compelling, as it creates potential to add to a diverse anchor, major tenant and outparcel line up that is already a substantial traffic draw,” added Hashimoto. “Further, Chapel Hills Mall offers significant value-add upside via the potential lease up of the former Gordmans anchor box, which was renovated in 2016 and 114,870 square feet of vacant in-line and major tenant space.”ĭobrowski and NKF Capital Markets’ Managing Director Riki Hashimoto, Director Katharine French and Associate Ed Leinss handled the transaction. Macy's offers a first-class selection of top fashion brands including Ralph Lauren, Calvin Klein, Clinique, Este Lauder & Levi’s.

#Chapel hills mall free

This income will provide ample free cash flow to fund tenant and capital improvements as new tenants are introduced,” Managing Director Thomas Dobrowski of Newmark Knight Frank Capital Markets said in a release regarding the transaction. Macy's Chapel Hills Mall Macy’s, established in 1858, is the Great American Department Storean iconic retailing brand over 740 stores operating coast-to-coast and online. “Chapel Hills Mall is a sound, value-add opportunity, offering the new owner steady in-place gross and net operating incomes from a unique mix of stable and predictable cash flow. Tenants at the mall include Burlington, Dillard’s, Macy’s, Sears, AMC Chapel Hills 13, Dick’s Sporting Goods and H&M. The partnership purchased 562,733 sf of Chapel Hills Mall, which totals more than 1.1 million sf. One of the most active mall buyers across the United States made its second foray into Colorado Springs.Ī partnership between Mason Asset Management and Namdar Realty paid $33.5 million, or $59.53 per square foot, for the Chapel Hills Mall at 1710 Briargate Blvd., along Interstate 25 at the intersection of Academy and Briargate boulevards.