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    6902-6988 Academy Blvd Colorado Springs, CO 80920

    Sponsored
    For Lease
    $24 SF/Yr

    Prime Colorado Springs retail space, multiple units.

    Lot size:
    10,166 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located within the thriving Woodmen Valley Shopping Center at 6902-6988 North Academy Boulevard in Colorado Springs, Colorado, zip code 80920. The center boasts a total of 10,166 square feet of retail space, currently offering 7,412 square feet of vacant space for lease. This presents a unique chance to establish a presence in a high-traffic area anchored by a King Soopers grocery store. The property is classified as an outparcel/pad, strip center, and storefront commercial space, suitable for a variety of retail businesses. Units are available in sizes ranging from a minimum of 640 square feet to a maximum contiguous space of 3,892 square feet, offering flexibility for businesses of various scales. The property is situated in El Paso County and benefits from its location at one of Colorado Springs' strongest retail corners. This is an ideal location for businesses seeking high visibility and access to a substantial customer base. The multiple tenancy structure provides a diverse and vibrant shopping environment, enhancing the overall appeal and foot traffic for all tenants. Contact us today to learn more about this exciting opportunity.

    Property Features for 6902-6988 Academy Blvd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,166 SF
    Total Rate
    20332

    Unit(s) available at that property

    Space
    Suite 6932
    Size
    3,892 SF
    Rate per SF
    $24
    Space
    Suite 6940
    Size
    2,880 SF
    Rate per SF
    $24
    Space
    Suite 6936
    Size
    640 SF
    Rate per SF
    $24

    HighLights

    • Highly visible retail space at the intersection of Academy Blvd and Woodmen Rd in Colorado Springs' main shopping district.
    • Anchored by King Soopers and Hobby Lobby.
    • Busy shopping plaza with three access points and mountain views; 7,412 SF of vacant space available in units ranging from 640 SF to 3,892 SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.7952492
    Latitude
    38.9308289

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Colorado Springs retail space, multiple units.
    Where is this neighborhood center located?
    The property is located at 6902-6988 Academy Blvd Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Highly visible retail space at the intersection of Academy Blvd and Woodmen Rd in Colorado Springs' main shopping district.; Anchored by King Soopers and Hobby Lobby.; Busy shopping plaza with three access points and mountain views; 7,412 SF of vacant space available in units ranging from 640 SF to 3,892 SF.
    Request Owner's contact information
    6902-6988 Academy Blvd Colorado Springs, CO 80920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6902-6988 Academy Blvd Colorado Springs, CO 80920
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