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    Academy Blvd & Hwy 115 Colorado Springs, CO 80906

    Sponsored
    For Lease
    $15 SF/Yr

    Prime Colorado Springs Retail Space

    Lot size:
    99,983 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This thriving 99,983 square foot shopping center, located at the Northwest corner of S Academy Boulevard and Highway 115 in Colorado Springs, Colorado, presents a unique investment opportunity. Situated on a generous 8.32-acre lot, the property boasts 633 parking spaces, ensuring ample convenience for shoppers and tenants. The center is zoned PBC and falls within the desirable Southwest submarket of El Paso County. Multiple tenancy options are available, with spaces ranging from a minimum of 1,408 square feet to a maximum contiguous space of 2,349 square feet. Currently, there are 8,906 square feet of vacant space ready for immediate occupancy, providing flexibility for various retail concepts. The property's strategic location at a major intersection offers high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and brand exposure. This is a rare opportunity to acquire a well-established retail center in a rapidly growing area of Colorado Springs, offering significant potential for return on investment. The property's size and configuration make it suitable for a variety of retail uses, from smaller boutiques to larger anchor tenants. Contact us today to learn more about leasing opportunities and explore the possibilities this exceptional property offers. Zip code: 80906.

    Property Features for 0 Academy Blvd & Hwy 115

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    99,983 SF
    Total Rate
    124978.75

    Unit(s) available at that property

    Space
    6530 Suite 103
    Size
    1,408 SF
    Rate per SF
    $25
    Space
    6530 Suite 109
    Size
    2,349 SF
    Rate per SF
    $25
    Space
    Suite 6510 B
    Size
    1,778 SF
    Rate per SF
    $25
    Space
    Suite 6558
    Size
    1,800 SF
    Rate per SF
    $25
    Space
    Suite 66530-110
    Size
    1,571 SF
    Rate per SF
    $25
    Space
    Suites 109 & 110
    Size
    3,920 SF
    Rate per SF
    $25
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.81552296
    Latitude
    38.76680156

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Colorado Springs Retail Space
    Where is this lifestyle center located?
    The property is located at Academy Blvd & Hwy 115 Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    Request Owner's contact information
    Academy Blvd & Hwy 115 Colorado Springs, CO 80906
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    Colorado Springs, CO 80906
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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
    Academy Blvd & Hwy 115 Colorado Springs, CO 80906
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