This rock formation is part of the Garden of the Gods and one of the main attractions. Very easy to get to you will know in advance you are there based on the parked cars and the number of people waiting to take their turn sitting under it. It's a very interesting sight for sure.
Do not pass the Garden of the Gods if you are ever in Colorado Springs. It's one of the many free attractions here.
The tourist center looks new and the restaurant offers great views over the gardens as well interesting meals like spicy elk sausages and bison burgers.