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BrightPath Behavior Office Building
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245 S Academy Blvd, Colorado Springs, CO 80910

Established office property with recent tenant improvements, on-site parking, and a prominent Academy Boulevard setting.

Property Size6,000 SF
Days on Market144

Property Features for 245 S Academy Blvd

General Information

Standard status Active
Size 6,000 SF
Property subtype Office
Net Operating Income $101,970

Additional Details

Cap Rate 7%
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap - Denver
Listed By: Cory Gross
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 3:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Denver

Investment Insights

Based on property information with market context.

This 6,000 SF office property is occupied by BrightPath Behavior and includes recent capital improvements focused on tenant finishes. The building provides on-site parking and is positioned within a dense infill area of Colorado Springs.

The property fronts Academy Boulevard at 245 S Academy Blvd, with reported exposure to more than 60,000 daily drivers. National retailers identified in the surrounding area include Amazon, Walmart, and Home Depot. The offering reflects a 7% cap rate, while the tenant is supported by a corporate guarantee.

Key Highlights

  • 6,000 SF office building occupied by BrightPath Behavior
  • 7% cap rate
  • Corporate guarantee supporting the tenant

Property Analytics

Current Use

Victoria F. Wirtz, ... Alternative Medicine Practice BrightPath Behavior - Academy ... Crisis Center Joel Willey Alternative Medicine Practice Charles Heuser Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Pharmacy Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

605
Businesses Nearby

Demographics for 80910, CO

30,991
Population
13,940
Households
2.2
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
6.1 sq mi
ZIP Area
5,080
Density / Sq Mi
$56,681
Median Household Income
$37,110
Median Earnings
$1,299
Median Rent
$276,900
Median Home Value

Market

Vacancy Rate% for Office in Colorado Springs, CO

7.9% 2019
8.1% 2020
9.3% 2021
8.5% 2022
10.6% 2023
9.5% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Established office property with recent tenant improvements, on-site parking, and a prominent Academy Boulevard setting.
Where is this office building located?
The property is located at 245 S Academy Blvd Colorado Springs, CO.
What are key features of this property?
This property features: 6,000 SF office building occupied by BrightPath Behavior; 7% cap rate; Corporate guarantee supporting the tenant
More about this property
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