3060 Academy BlvdColorado Springs, CO 80917

This exceptional two-story, 7,943 square foot executive office building, located at 3060 N. Academy Boulevard in Colorado Springs, Colorado, presents a unique owner-user opportunity. Currently boasting 100% occupancy with six tenants generating a strong NOI of $79,375 and a 6.35% cap rate, this Class B property offers significant income potential. Built in 1984 and extensively renovated in 2022, the building features a new roof and stucco exterior, new carpet on the lower level, and a professionally decorated interior. The property includes a security system, high-speed internet access, and abundant natural light thanks to windows in nearly every office. The 32,433 square foot lot provides ample parking (4 spaces per 1,000 sq ft). The building enjoys excellent visibility and accessibility from Academy Boulevard and Parkmoor Village Drive, with easy access to major thoroughfares like Austin Bluffs Parkway and Powers Boulevard. Approximately 3,000 square feet is currently owner-occupied and could be readily adapted to suit a new owner's needs, either by reducing the owner's space or by occupying the entire building. The asking price is $1,250,000 ($157.37/sq ft). This is a turnkey investment opportunity with strong cash flow and significant upside potential.