Major Space in Colorado Springs Shopping Center Set for Auction

Citadel Mall Retail Space photo by Loopnet

A two-day auction is scheduled to begin on May 18 for a nearly 100,000-square-foot retail space that is a part of the long-time Citadel shopping mall in Colorado Springs.

Located at 750 Citadel Drive East, the Citadel shopping center was opened in early 1972 and has for decades been one of the largest malls of its kind in the region.

Originally made up of two floors comprising 595,000 square feet of retail space, the Citadel has been added on to twice, the last time being in 1995.

In recent years the mall has seen a lost of some major tenants, including a Mervyn’s department store and Hooter’s restaurant.

The retail space now up for auction was formerly the home of a Burlington clothing store outlet, which closed two years ago. The property includes offices, storage space, fitting rooms, and a lounge.

An additional feature comes with two rear loading docks.

As listed by the Englewood-based brokerage firm Locate AL, the auction for the Citadel Mall space requires a minimum $500,000 starting bid.

May 7, 2026

By Garry Boulard

Photo courtesy of Loopnet

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