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    622-642 Academy Blvd Colorado Springs, CO 80910

    Sponsored
    For Lease
    $20 SF/Yr ($12,146 /Mo)

    Colorado Springs retail space for lease. Multiple units available.

    Lot size:
    7,288 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Satellite Plaza, located at 622-642 S Academy Blvd in Colorado Springs, CO 80910, offers exceptional retail and restaurant opportunities. This 7,288 square foot property, built in 1997, is currently fully vacant and available for lease. The flexible space allows for multiple tenants, with a minimum divisible unit size of 1,575 square feet and a maximum contiguous space of 5,713 square feet. The property is zoned PBC, CR AO in El Paso County, making it suitable for a variety of uses. Its prime location on South Academy Boulevard provides excellent visibility and accessibility for businesses seeking a strong presence in the Colorado Springs market. The building presents a unique chance for businesses to establish themselves in a well-situated, adaptable space. Interested parties should inquire about lease terms and availability for this exceptional retail opportunity. The property's total square footage is 7,288 square feet, offering significant potential for a single large tenant or multiple smaller businesses. This location provides easy access to major roadways and a high volume of daily traffic.

    Property Features for 622-642 Academy Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,288 SF
    Total Rate
    12146.67

    Building Details

    Year Built
    1997

    Unit(s) available at that property

    Space
    Suite 636
    Size
    1,575 SF
    Rate per SF
    $20
    Space
    Suite 628
    Size
    5,713 SF
    Rate per SF
    $20

    HighLights

    • 7,288 SF retail/restaurant space available for lease at 622‑642 S Academy Blvd, Colorado Springs, CO.
    • Fully vacant, divisible into units as small as 1,575 SF, with a maximum contiguous space of 5,713 SF.
    • Excellent visibility and accessibility on S Academy Blvd.
    • Month‑to‑month lease terms available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -104.75790834928
    Latitude
    38.822812237012

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    FAQs

    What type of property is this?
    Restaurant - Colorado Springs retail space for lease. Multiple units available.
    Where is this restaurant located?
    The property is located at 622-642 Academy Blvd Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 7,288 SF retail/restaurant space available for lease at 622-642 S Academy Blvd, Colorado Springs, CO.; Fully vacant, divisible into units as small as 1,575 SF, with a maximum contiguous space of 5,713 SF.; Excellent visibility and accessibility on S Academy Blvd.
    Request Owner's contact information
    622-642 Academy Blvd Colorado Springs, CO 80910
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    Colorado Springs, CO 80910
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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
    622-642 Academy Blvd Colorado Springs, CO 80910
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