Property profile

115 Academy Blvd & Hwy Colorado Springs, CO 80906

OFF-MARKET
Lifestyle centers
99,983 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Lifestyle centers
Total area 99,983 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

115 Academy Blvd & Hwy Colorado Springs, CO 80906
Colorado Springs metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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