Colorado Springs, CO 80917,3100 N Academy BLVD
Colorado Springs, CO 80917,3100 N Academy BLVD
Colorado Springs, CO 80917,3100 N Academy BLVD
Colorado Springs, CO 80917,3100 N Academy BLVD
Colorado Springs, CO 80917,3100 N Academy BLVD
Colorado Springs, CO 80917,3100 N Academy BLVD
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$ 3,465,000
Est. payment | /mo

1.18 Acres Lot


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$ 3,465,000
Est. payment | /mo
Save

1.18 Acres Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2822410

HOA Y/N No

Originating Board recolorado

Year Built 1975

Annual Tax Amount $45,400

Tax Year 2023

Lot Size 1.180 Acres

Acres 1.18

Property Sub-Type Office

Property Description

3100 N Academy Blvd. is a multi-tenant NNN office building well located in a busy section of Academy Blvd. The property currently has 13 office suites varying from about 1,000 SF up to around 2,200 SF, some of which are medical. In addition, because of it's oversized parking lot, there is a parking lease to a neighboring property, which gathers otherwise unused square footage. This property is a fully stabilized NNN investment offering a 7.5% cap rate, with several long-term tenants providing steady income. It boasts a diverse mix of tenants and established lease agreements which helps ensure reliable cash flow and minimal turnover. Its strong occupancy and strategic location make it a secure investment with a solid yield, ideal for buyers seeking a stable, income generating asset.

Location

State CO

County El Paso

Zoning OC

Interior

Fireplace N

Exterior

Total Parking Spaces 60

Garage No

Building

Sewer Public Sewer

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

REColorado (REColorado MLS)
Listed by NorthPeak Commercial Advisors, LLC • matt@northpeakcre.com,303-210-1623
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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3100 N Academy BLVD