5018 Academy Blvd Colorado Springs, CO 80918
Park Place Plaza offers a unique opportunity to lease flexible commercial space, ideal for a variety of businesses. This 34,356 square foot property, built in 1961 and extensively renovated in 2021, features a blend of warehouse and retail space. Currently, 4,900 square feet of contiguous space is immediately available, divisible down to 3,400 square feet. The warehouse area boasts a 10-foot ceiling height, one loading dock, and one dock-high door, making it suitable for efficient loading and unloading. Ample parking is provided with 150 spaces available for tenants and their customers. The property is zoned PBC and is well-suited for businesses such as flooring, tile, material supply, paint, distribution centers, auto parts, plumbing, electrical, or hardware stores. While primarily warehouse space, the possibility exists to combine the available space with an adjoining 1,500 square foot retail area, offering a customized layout to meet specific business needs. This prime location presents a rare chance to secure a well-maintained, versatile space in a convenient setting. Contact us today to schedule a viewing and explore the possibilities.
-
4 Points Fitness Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.