| County | Northern El Paso County |
|---|---|
| Corridor | I-25 and Highway 105, between Colorado Springs and Castle Rock |
| Typical buyers | Buyers from both Colorado Springs and the south Denver suburbs |
The Northern Corridor
Monument, Palmer Lake and the surrounding Tri-Lakes area have grown with new neighborhoods along I-25. Home services, health care offices, professional firms, restaurants and contractors that serve those households all draw buyers.
Proximity to the Air Force Academy and to the defense contractors north of Colorado Springs also brings professional services firms to the area. See selling a defense contracting company.
Buyers From Two Directions
A company in Monument can appeal to buyers living in north Colorado Springs and in Douglas County. Marketing to both groups often brings more qualified interest than either market alone.
Local Steps
Monument is in El Paso County, so the county's business personal property declaration applies. Sales tax in Monument works differently from Colorado Springs, which runs its own office, so confirm which accounts you hold before closing.
What Buyers Ask
Buyers look closely at how much of a Monument company's work comes from the surrounding neighborhoods versus contracts across the wider region.
Local customers who come back year after year are valued highly, especially when a manager handles them without the owner.
They also ask about the lease. Commercial space along the Highway 105 corridor is limited, so a long lease at a fair rent is a selling point.
Start With a Range
Read getting your books ready for a business sale, then request a confidential valuation.