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Three-Tenant NNN Retail Property
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5190 N Academy Blvd, Colorado Springs, CO 80918

Fully leased commercial property with three tenants under NNN leases.

Property Size6,441 SF
Price / SF$579.26
Days on Market182

Property Features for 5190 N Academy Blvd

General Information

Standard status Active
Size 6,441 SF
Property subtype RETAIL
Occupancy 100%

Building Details

Tenancy Multi
Listing Agency: Thrive Commercial Partners
Listed By: Logan Harrison · License #100053803
Source: Moodyscre
Added: Feb 6 Changed: Jul 31 Last Checked: Aug 6 at 11:58AM

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 6,441-square-foot NNN retail property is fully leased to three tenants and positioned as a Target outparcel. The asset offers a multi-tenant retail configuration with established occupancy and NNN lease structure.

The property is located in central Colorado Springs, less than 10 minutes from I-25 and less than 5 minutes from the University of Colorado Colorado Springs. Its location provides access to a densely populated area serving the existing tenant mix.

Key Highlights

  • 6,441‑square‑foot NNN retail property
  • Fully leased to three tenants
  • Target outparcel location

Property Analytics

Current Use

Lady Jane's Haircuts ... Barber Shop Wells Fargo ATM Atm Wells Fargo Bank Bank Wells Fargo Advisors Financial Advisor ABBA Eyecare Eye Care Center

Suggested Use

Top Pick Law Firm Building Supply Auto Parts Store Parking Lot & Garage Grocery & Convenience Store 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

100%
Occupancy
Multi-tenant
Tenancy

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
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Frequently Asked Questions

What type of property is this?
NNN property - Fully leased commercial property with three tenants under NNN leases.
Where is this nnn property located?
The property is located at 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: 6,441‑square‑foot NNN retail property; Fully leased to three tenants; Target outparcel location
(719) 314-6833 Call to check price and availability
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