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Fully Leased Colorado Springs Retail
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5140-5190 N Academy Blvd., Colorado Springs, CO 80918

Well-positioned, fully leased, three-tenant NNN asset in Colorado Springs.

Property Size6,441 SF
Price / SF$579.26
Days on Market185

Property Features for 5140-5190 N Academy Blvd.

General Information

Standard status Active
Size 6,441 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $242,563

Building Details

Tenancy Multi
Listing Agency: Thrive Commercial Partners
Listed By: Michael Paul · License #FA.100080120
Source: Crexi
Added: Feb 7 Changed: Aug 8 Last Checked: Aug 8 at 2:47PM

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 Thrive Commercial Partners

Investment Insights

Based on property information with market context.

This is an opportunity to purchase a fully leased, three-tenant, NNN asset. The property is a Target outparcel and is located in central Colorado Springs, Colorado, an area with high population density. It is located less than 10 minutes from I-25 and less than 5 minutes from the University of Colorado Springs. The property size is 6,441 square feet.

Key Highlights

  • Fully leased, three‑tenant NNN asset.
  • Target outparcel location.
  • Located in central Colorado Springs with high population density.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Law Firm Building Supply Auto Parts Store Parking Lot & Garage Big Box & Wholesale Store Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

1,584
Businesses Nearby
224k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 42% Dining 32% Groceries 12% Shops & Services 6%
Target Superstores
95,088 visits/mo 0.2 miles
Safeway Groceries
27,075 visits/mo 0.1 miles
Panda Express Dining
14,129 visits/mo 0.2 miles
Wendy's Dining
13,053 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
12,827 visits/mo 0.1 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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Well-positioned, fully leased, three-tenant NNN asset in Colorado Springs.
Where is this strip mall located?
The property is located at 5140-5190 N Academy Blvd. Colorado Springs, CO.
What is the asking price?
The asking price for this property is $3,731,000.
What are key features of this property?
This property features: Fully leased, three‑tenant NNN asset.; Target outparcel location.; Located in central Colorado Springs with high population density.
(719) 535-0500 Call to check price and availability
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