3001 Academy BlvdColorado Springs, CO 80916

  • Retail properties
  • 44,603 SF
For Lease
$12/SF/YR View listing

Property Details for 3001 Academy Blvd

Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
4.01 AC
Property size (Sq ft)
44,603 SF
Zone code
PBC AO
Property type
Retail properties
Property subtype
Strip malls
APN
6435320013
APU
6435320013

Description

This exceptional retail space, located at 3001 South Academy Boulevard in Colorado Springs, Colorado, offers a fantastic opportunity for businesses seeking high visibility and strong foot traffic. Situated within the newly renovated Mission Trace Shopping Center, this single-tenant property boasts a flexible floor plan ranging from 1,900 to 4,000 square feet, perfect for a variety of restaurant concepts. The property benefits from its prominent location, allowing for excellent signage opportunities to maximize brand awareness. The presence of a new anchor tenant, Workwell Occupational Medicine, ensures a consistent flow of potential customers. Ample parking is available for both customers and employees, enhancing convenience and accessibility. This location in El Paso County, zip code 80916, provides easy access for residents of Colorado Springs and surrounding areas. The space is ideal for established businesses looking to expand or ambitious startups seeking a strong foundation for growth. This is a rare opportunity to secure a well-located, versatile retail space in a thriving shopping center. Contact us today to learn more and schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,341,616
    6.5%
    $13,238,415
    7%
    $12,292,814
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,286,452
    Geo Method
    $9,286,452
  • Alternative Use

    Use
    Valuation
    Residential
    $11,167,098
    Hospitality
    $10,229,002
    Educational
    $8,510,410
    Medical
    $8,803,096
    Retail
    $13,238,415
3001 Academy Blvd, Colorado Springs, Colorado

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.7881
Longitude
-104.756
CBSA code
17820
CBSA name
COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$314,340
$98,410
$412,750
-
$1,126,654
$352,731
$1,479,385

FAQs

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