Retail / 2020

In-N-Out Victory Ridge

Colorado Springs, Colorado

LocationColorado Springs, Colorado
PlatformIn-N-Out Burger
StatusCompleted
Scale3,500 SF
Project budget$5M

The investment case

A first-market Colorado restaurant delivered as part of a coordinated regional expansion program spanning site diligence, approvals, construction, and opening.

Move sideways through the development narrative below.

Project narrative

From investment case
to built outcome.

01 / 03
01 / 03

Investment premise

Read the opportunity

Victory Ridge was part of a broader market-entry strategy rather than an isolated restaurant. The site had to translate a proven operating model into a new jurisdiction, climate, trade market, and customer environment without compromising brand standards.

In-N-Out Victory Ridge, Read the opportunity
In-N-Out Victory RidgeColorado Springs, Colorado
02 / 03

Risk and optionality

Define the constraint

The development process integrated site planning, municipal approvals, utilities, design adaptation, budgeting, procurement, construction, and turnover. Particular attention was given to vehicle circulation, opening readiness, and the repeatability of decisions across the Colorado rollout.

In-N-Out Victory Ridge, Define the constraint
In-N-Out Victory RidgeColorado Springs, Colorado
03 / 03

Capital and coordination

Align the execution

The completed location established a recognizable brand presence within a larger mixed-use district. Its compact building footprint understates the coordination required to deliver a high-throughput operating asset on schedule.

The project’s broader value was the knowledge it created. Agency expectations, climate details, contractor capacity, procurement paths, and turnover lessons became reusable inputs for subsequent sites, improving speed and decision quality across the platform.

In-N-Out Victory Ridge, Align the execution
In-N-Out Victory RidgeColorado Springs, Colorado
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