1614 Academy BlvdColorado Springs, CO 80916

Academy Commons, located at 1614 S Academy Blvd, Colorado Springs, CO 80916, presents a compelling investment opportunity. This single-story, 9,600 square foot shopping center sits on a 1.32-acre lot and boasts 100% occupancy across its five tenant spaces. Built in 2015, the property offers a strong net operating income (NOI) of $190,440, resulting in a 6.75% capitalization rate at an asking price of $2,825,000. The price per square foot is $294.27. The property features 44 parking spaces and is zoned PBC AO. All leases are current, with no tenant turnover anticipated until 2026, ensuring a stable and predictable income stream. Its strategic location near major roadways and a Walmart Neighborhood Market provides excellent visibility and high traffic volume. The tenant mix includes e-commerce-resistant businesses, further enhancing the property's long-term stability and profitability. This fully stabilized retail center offers investors a rare opportunity to acquire a prime asset in a thriving Colorado Springs retail district. The property's strong performance metrics, desirable location, and stable tenant base make it an ideal addition to any investment portfolio.