Standalone Second-Generation
1765 North Academy Boulevard Colorado Springs, CO 80909
For Sale
$900,000
Standalone second-generation restaurant on a flat, usable 1.0-acre parcel, offered for sale with an NNN lease expiring June 2024.
Lot Size1.00 Acre
Days on Market778
Property Features for 1765 North Academy Boulevard
General Information
- Standard status
- Active
- Lot size
- 1.00 Acre
- Property subtype
- SCR-REST
Building Details
- Year Built
- 1972
Listing Agency:
Keller Williams
(714) 293-2792
Listed By:
Patrick Sharples · License #01245463
(714) 293-2792
Source:
Realnex
Added: Jun 6, 2024
Changed: Jul 23
Last Checked: Jul 23 at 3:36PM
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Investment Insights
Based on property information with market context.
This offering presents a standalone, second-generation restaurant on a flat and usable 1.0-acre parcel. The property is currently leased on a NNN basis with no option to renew, and the lease expires June 2024.
The site is located at 1765 North Academy Boulevard in Colorado Springs, Colorado. Zoning use is listed as MX-M.
For an owner-operator or purchaser considering redevelopment or repositioning, this asset offers a straightforward path following the lease expiration, with the property positioned on a single, usable parcel.
The site is located at 1765 North Academy Boulevard in Colorado Springs, Colorado. Zoning use is listed as MX-M.
For an owner-operator or purchaser considering redevelopment or repositioning, this asset offers a straightforward path following the lease expiration, with the property positioned on a single, usable parcel.
Key Highlights
- Standalone second‑generation restaurant on a flat, usable 1.0‑acre parcel
- 1972 year built restaurant property
- Current tenant on an NNN lease with no option to renew; lease expires June 2024
Property Analytics
Location Intelligence
Current Use by Public Records
Musashi Japanese Restaurant
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Standalone second-generation restaurant on a flat, usable 1.0-acre parcel, offered for sale with an NNN lease expiring June 2024.
Where is this conventional restaurant located?
The property is located at 1765 North Academy Boulevard Colorado Springs, CO.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Standalone second‑generation restaurant on a flat, usable 1.0‑acre parcel; 1972 year built restaurant property; Current tenant on an NNN lease with no option to renew; lease expires June 2024