For-Sale Retail
275 S Academy Blvd Colorado Springs, CO 80910
275 S Academy Blvd, Colorado Springs, CO, 80910
Contact for pricing
For Sale
Contact for pricing
For-sale retail space located on S Academy Blvd in Colorado Springs.
Property Size6,875 SF
Price / SF$171.93
Days on Market114
Property Features for 275 S Academy Blvd
General Information
- Standard status
- Active
- Size
- 6,875 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1974
Listing agency
Colliers - Denver, Colorado
(303) 745-5800
Listed by
Scot Huber · License #CO EA.000273881
Source
Crexi
Added: Mar 31 Updated: Jul 21 at 1:08PM Checked: Jul 21 at 1:08PM
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 Colliers - Denver, Colorado
Investment Insights
Based on property information with market context.
This for-sale retail property offers 6,875 square feet of retail space. The offering is listed as a retail asset suitable for businesses seeking dedicated indoor retail area.
The property is located at 275 S Academy Blvd in Colorado Springs, CO 80910. Access and frontage are along S Academy Blvd, providing visibility to passersby on the boulevard.
The property is located at 275 S Academy Blvd in Colorado Springs, CO 80910. Access and frontage are along S Academy Blvd, providing visibility to passersby on the boulevard.
Key Highlights
- Retail space for sale on S Academy Blvd in Colorado Springs
- 6,875 SF retail space
- Built in 1974
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $123.8k | $18.00 |
| − Vacancy | −$5.6k | −$0.81 |
| EGI | $118.2k | $17.19 |
| − OpEx | −$35.5k | −$5.16 |
| NOI | $82.7k | $12.03 |
6,875 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.18M
$1.03M – $1.38M
NOI $82,727 @ 7.0% cap · market cap 7.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.36M
$1.19M – $1.58M
NOI $95,040 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Top Dollar Pawn
Discount Store
Taquizas El Chepe
Restaurant
El Rincon Catracho
Restaurant
Papusas el Catracho
Restaurant
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FAQs
What type of property is this?
Retail space - For-sale retail space located on S Academy Blvd in Colorado Springs.
Where is this retail space located?
The property is located at 275 S Academy Blvd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,182,000.
What are key features of this property?
This property features: Retail space for sale on S Academy Blvd in Colorado Springs; 6,875 SF retail space; Built in 1974
