For Sale
$3,320,000

3770 Airport RdColorado Springs, CO 80910

Colorado Springs retail center, strong income.

Overview

Added:
Dec 11, 2024
Days on market:
116
Academy Crossings, a single-story, 16,914 square foot retail property in Colorado Springs, CO, presents a compelling investment or owner-user opportunity. Located at 3770 Airport Rd, zip code 80910, this Class C, multi-tenant building sits on a 1.7-acre lot (APN 64154-14-108) and boasts excellent visibility and accessibility from North Academy Blvd. Built in 1994, the property currently has 49% occupancy and features a NNN lease structure. The asking price is $3,320,000, translating to $196.29 per square foot. The property is zoned PBC and offers convenient access to major thoroughfares, facilitating easy movement in all directions. Currently housing two tenants, including a national medical tenant with a long-term lease, this property generates strong existing income. The property's design includes excellent loading and unloading capabilities. Potential SBA financing may be available for owner-operators. This is an established retail center with significant potential for growth and return on investment.

Highlights

  • 16,914 SF single-story retail building in Colorado Springs, CO.
  • Located at 3770 Airport Rd, 80910, on a 1.7-acre lot (APN 64154-14-108).
  • Class C multi-tenant building with 49% occupancy and a NNN lease structure.
  • Asking price: $3,320,000 ($196.29/SF).
  • Excellent visibility and accessibility from North Academy Blvd.
  • Two tenants, including a national medical tenant with a long-term lease.

Property Details for 3770 Airport Rd

Property type
Lifestyle centers, Power centers
Square Feet
16,914 SF
Class
C
Year Built
1994
Buildings
1
Stories
1
Lot Size (sq. ft)
74,052 SF

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.825535862994
Longitude
-104.75974197993
3770 Airport Rd, Colorado Springs, Colorado

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3770 Airport Rd
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