3770 Airport Rd Colorado Springs, CO 80910-2628
Academy Crossings, a single-story, 16,914 square foot retail center in Colorado Springs' South submarket, presents a unique investment opportunity. Built in 1994, this Class C property sits on a 1.7-acre lot and boasts excellent visibility and accessibility from North Academy Boulevard, offering easy access to major thoroughfares in all directions. The center currently features two suites, with one suite totaling 8,681 square feet currently vacant. The property is zoned PBC and has ample parking with 72 spaces available. The building offers excellent loading and unloading capabilities, making it ideal for various retail businesses. The property's diverse tenant mix currently includes grocery, flooring, plumbing, and home improvement businesses, indicating a strong potential for future tenants. The property's location near the Airport/South Academy cross streets ensures high visibility and convenient access for customers. The APN is 64154-14-108, located in El Paso County. This is a prime opportunity to acquire a well-established retail center with significant potential for growth and return on investment.
-
Family Dollar Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
PBC UV SS AO · Colorado Springs, COColorado Springs. Always verify with local authorities before improvements.
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.