5035 Academy Blvd 5059 Colorado Springs, CO 80918-4125
This exceptional retail property, Union Square, located at 5035 N Academy Blvd in Colorado Springs, CO 80918, presents a unique investment opportunity. The single-story, 64,178 square foot strip center, built in 1978, sits on a 1.8-acre lot and boasts a prime location at a major intersection, offering unparalleled visibility. The property features three suites, with a significant amount of vacant space totaling 45,715 square feet. This allows for flexibility, accommodating both anchor and junior anchor tenants. Minimum leasable space is 2,294 square feet, with a maximum contiguous space of 41,621 square feet. The property is zoned MX-M, PBC, and benefits from its position in the CO - Colorado Springs Central submarket. Tenants will enjoy excellent views of Pikes Peak and the Colorado Springs front range. Pylon signage is available, and tenant improvement allowances and free rent are negotiable based on creditworthiness. This property offers a rare chance to establish a strong retail presence in a high-traffic area of Colorado Springs. The property's location provides exceptional exposure to a large customer base, making it an ideal location for businesses seeking high visibility and accessibility. The substantial vacant space presents a blank canvas for creative tenant build-outs, tailored to specific business needs. Don't miss this opportunity to secure a prominent retail space in a thriving Colorado Springs market.
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ProLogistix Logistics Company Freight Service
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Ambrose Family Health Consultants Spiritual Center
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 · 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.