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Storefront Retail Spaces
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5002-5044 N Academy Blvd, Colorado Springs, CO 80918

Storefront retail spaces totaling 885 SF with new management and capital improvements underway.

Space SizeContact for details
Property Size885 SF
Days on Market218

Property Features for 5002-5044 N Academy Blvd

General Information

Standard status Active
Size 885 SF
Property subtype RETAIL
Lease Type SF/yr

Spaces For Lease

at 5002-5044 N Academy Blvd Contact us

Suite 5012 $16/SF/Yr

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Listing Agency: Olive Real Estate Partners, Inc.
Listed By: Ed Baur
Source: Moodyscre
Added: Jan 1 Changed: Jul 29 Last Checked: Aug 7 at 3:11AM

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 Olive Real Estate Partners, Inc.

Investment Insights

Based on property information with market context.

Storefront retail spaces totaling 885 SF, currently available for rent. The property is under new management, and capital improvements are underway.

The spaces are located at 5002-5044 N Academy Blvd in Colorado Springs, CO 80918. With improvements in progress, this offering may be well suited for tenants looking for retail space during an upgrade period.

For a tenant considering a smaller-format storefront, the current configuration provides a compact footprint to support retail uses, with upgrades in motion under the new management team.

Key Highlights

  • Total size: 885 SF
  • Under new management
  • Capital improvements underway

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Law Firm Auto Repair Shop Auto Parts 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

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,504
Businesses Nearby
229k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 42% Dining 36% Groceries 12% Shops & Services 5%
Target Superstores
95,088 visits/mo 0.4 miles
McDonald's Dining
28,143 visits/mo 0.4 miles
Safeway Groceries
27,075 visits/mo 0.2 miles
Panda Express Dining
14,129 visits/mo 0.0 miles
Wendy's Dining
13,053 visits/mo 0.4 miles

Demographics for 80918, CO

47,453
Population
20,447
Households
2.3
Avg Household Size
37
Median Age
38%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
3,954
Density / Sq Mi
$82,743
Median Household Income
$42,596
Median Earnings
$1,572
Median Rent
$414,400
Median Home Value

Market

Lease Benchmarks for Colorado Springs, CO

$14.75 /SF/Yr
Avg Asking Price
$13–$17 /SF/Yr
Price Range
3,711 SF
Avg Space Size

This space is priced 8% above the average of $14.75 /SF/Yr.

Vacancy Rate% for Retail in Colorado Springs, CO

5.9% 2020
5.5% 2021
5% 2022
6.3% 2023
6.4% 2024
6.2% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Storefront retail spaces totaling 885 SF with new management and capital improvements underway.
Where is this storefront property located?
The property is located at 5002-5044 N Academy Blvd Colorado Springs, CO.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Total size: 885 SF; Under new management; Capital improvements underway
(719) 246-2010 Call to check price and availability
More about this property
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