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3265-3287 S Academy Blvd Colorado Springs, CO 80917

For Sale
$3,424,610

Value-add retail redevelopment opportunity in a high-growth area.

Property size:
22,064 SF
Lot size:
2.09 Acres

Property Features for 3265-3287 S Academy Blvd

General Information

Size
22,064 SF
Lot size
2.09 Acres

Source: Craddock Commercial Real Estate Agent Matthew Craddock

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Redevelopment Opportunity

This retail redevelopment opportunity is located at the intersection of Academy and Hancock in the high-growth airport trade area of Colorado Springs. The location benefits from high traffic and planned high-density residential development, including several master-planned communities to the east. A significant driver for the area is Ft. Carson, the largest employer in Colorado Springs, with approximately 26,000 civilian and military personnel. The revival of the Colorado Springs Airport and the growth of a younger demographic contribute to the area's potential. The portfolio includes 4 buildings totaling 99,350 square feet of recently remodeled and fully leased retail space. The property is priced at a 7.25% cap, below replacement cost.
Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Southpointe Plaza, Colorado MV Express Kiosk, Pikes Peek Tours, Coinstar Kiosk | Bitcoin ATM

Location Insight

  • Map
  • Local Demand
City
Colorado Springs
County
El Paso
State
Colorado
Longitude
-104.7568208
Latitude
38.78531

FAQs

What type of property is this?
Shopping center - Value-add retail redevelopment opportunity in a high-growth area.
Where is this shopping center located?
The property is located at 3265-3287 S Academy Blvd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $3,424,610.
What are key features of this property?
This property features: - Value-add opportunity in the fastest-growing zip code in Colorado Springs.; - Located at the highly trafficked Academy and Hancock intersection in the high-growth airport trade area.; - Proximity to Ft. Carson, the largest employer in Colorado Springs, with roughly 26,000 personnel.
More about this property
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