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225 S Academy Blvd

15,556 SF 100% Leased Office Building Colorado Springs, CO 80910 $2,777,640 CAD ($179 CAD/SF) 8.25% Cap Rate

Investment Highlights

  • 15,576 Square Foot Office Building with frontage to South Academy.
  • Plenty of Off Street parking
  • Currently zoned PBC A) and sits on 1 acre of land.
  • Multiple Tenants in Place make this a great investment.

Executive Summary

Great Office building on South Academy. Building has been very well cared full and recently updated. Plenty of off street parking and great visibility on Academy. Property has multiple tenants, some of which are very long term. Building is currently zoned PBC AO and sits on 1 acre of land. This would be a turn key investment for someone.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
15,556 SF
Building Class
C
Year Built
1971
Price
$2,777,640 CAD
Price Per SF
$179 CAD
Cap Rate
8.25%
NOI
$229,155 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,882 SF
Slab To Slab
11’
Building FAR
0.36
Land Acres
1.00 AC
Zoning
PBC,Colorado Springs
Parking
52 Spaces (3.75 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Convenience Store
  • Restaurant
  • Signage
Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
64143-16-004
Land Assessment
$109,327 CAD
Improvements Assessment
$220,675 CAD
Total Assessment
$330,002 CAD
  • Listing ID: 33843021

  • Date on Market: 2024-11-12

  • Last Updated:

  • Address: 225 S Academy Blvd, Colorado Springs, CO 80910

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