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Financial
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Property profile

5765 Academy Blvd Colorado Springs, CO 80918

OFF-MARKET
Retail properties & Spaces
154,988 SF 1.9 ac lot Built 1983
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Property summary

AI-generated overview

Centerpointe Plaza offers 25,415 square feet of vacant retail space in a 154,988 square foot building situated on 1.9 acres of land in Colorado Springs' Northeast submarket. This Class C property, built in 1983, features 28 total suites, with available spaces ranging from a minimum of 1,050 square feet to a maximum contiguous space of 4,000 square feet. Six spaces are currently available. The property boasts excellent visibility and is located on a prime retail corridor with full access from a lighted intersection off North Academy Boulevard, providing exceptional exposure to high traffic volume. The zoning is Vickers. The building does not have elevators. This is a multi-tenant property offering a variety of sizes to suit diverse business needs. The property's strategic location and ample space make it an ideal opportunity for retailers seeking high visibility and accessibility in a thriving Colorado Springs market. Interested parties should note that the minimum divisible space is 1,050 square feet.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1983
Total area 154,988 SF
Lot 1.9 ac (82,764 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Specialty Food Shop

Location

5765 Academy Blvd Colorado Springs, CO 80918
Colorado Springs metro
Google Maps

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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