3265-3287 S Academy Blvd Colorado Springs, CO 80917
Value-add retail redevelopment opportunity in a high-growth area.
Property size:
22,064 SFLot size:
2.09 AcresProperty Features for 3265-3287 S Academy Blvd
General Information
- Size
- 22,064 SF
- Lot size
- 2.09 Acres
Source:
Moodyscre
Listing 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
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Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.7568208
- Latitude
- 38.78531
Nearby Similar for Sale
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.