6755 Academy Blvd Colorado Springs, CO 80918-1206
This exceptional investment opportunity presents a 1,120 square foot, single-tenant storefront located at 6755 N Academy Blvd, Colorado Springs, CO 80918. The property, built in 1999, sits on a 14,107 square foot lot and is currently 100% occupied by an established medical dispensary under a Net Lease (NNN) agreement. The lease term ensures a stable income stream with an attractive 9.55% cap rate. The property boasts a prime location on North Academy Boulevard, a high-traffic area with over 90,000 vehicles passing daily, providing exceptional visibility and accessibility. The building is zoned C6 P SS and features one story. The current lease expires November 18, 2024. This is a rare opportunity to acquire a well-established, high-performing asset in a desirable location with potential for future redevelopment. The asking price is $550,000. The property's APN is 6309304219. This investment offers a strong return with a long-term tenant in a high-demand area. The property has been completely renovated.
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Altitude Organic Medicine (Bike/Boat/Book/etc) 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
C6 P SS · 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.