245 Academy Blvd Colorado Springs, CO 80910-2713

This exceptional 6,000-square-foot creative office building at 245 S Academy Blvd in Colorado Springs, CO, presents a compelling investment opportunity. Boasting a 6.51% cap rate and a strong NOI of $99,000, this single-tenant property offers significant returns. Built in 1972 and extensively renovated in 2023, the building features 13 individual offices, a conference room, open recreational space, employee break room, and updated restrooms. The 0.58-acre lot provides ample parking (approximately 35 spaces), and a secure, fenced play area adds a unique amenity. The property is zoned PBC and benefits from a highly desirable location in the southeast submarket. Currently 100% occupied by a reputable tenant under a NNN lease with seven years remaining on the base term, this is a rare opportunity to acquire a freestanding, single-story building of this size in this market. The 2023 property taxes were $14,474.16. The asking price is $1,520,000, translating to $253.33 per square foot. Don't miss this chance to own a high-performing, well-maintained asset in a thriving Colorado Springs location.