5821 Academy Blvd Colorado Springs, CO 80918
- Retail properties
- 103,010 SF
Current Use by Public Records
- Retail properties
Property Details for 5821 Academy Blvd
- Property size
- 103,010 SF
- Property type
- Retail properties
Description
Erindale Square Shopping Center presents a compelling investment opportunity in the thriving North Central Colorado Springs submarket of El Paso County. This multi-tenant retail property boasts a total of 103,010 square feet, currently featuring three separate buildings on pad sites, in-line spaces, and additional flex space on a lower level. Five spaces are currently available, ranging in size from 1,400 to 9,453 square feet, providing flexibility for a variety of retail uses. The center is classified as Class D and is zoned B-4, offering potential for diverse business ventures. The attractive stucco design is complemented by prominent tenant signage, ensuring high visibility for occupants. Erindale Square enjoys a strategic location with convenient access from Vickers Drive and North Academy Boulevard/Lehman Drive, benefiting from high traffic counts. The property's location near the intersection of North Academy Boulevard and Lehman Drive ensures excellent visibility and accessibility for customers. A total of 23,104 square feet is currently vacant, presenting a significant opportunity for expansion or new tenant acquisition. This established neighborhood shopping center offers a strong foundation for growth and profitability in a desirable Colorado Springs location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.787
- Latitude
- 38.9158