3100 N Academy Boulevard
Colorado Springs, CO 80917
20950 sqft | 1.18 acres | #2822410

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.
Property Details
- Sewer InformationPublic Sewer
- Original List Price$3,465,000
- Property TypePurchase
- CountyEl Paso
- Taxes Annual$45,400
- MLS #2822410
- Cost3465000
- MLS #2822410
- Property SubtypeOffice
- Square Feet20950
- Acres1.18
- Year Built1975
Location
Legal
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Matthew Lewallen (#REC022835)
Listing Office: NorthPeak Commercial Advisors, LLC (#RECAQYRE)

Interested in Purchasing 3100 N Academy Boulevard?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.