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1005-1075 North Academy Blvd

Off-Market

1005 North Academy Blvd, Colorado Springs, CO 80909

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Neighborhood Center
  • Property Size 77,976 SF
  • Lot Size 5.54 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1985

Location

  • Walk Score ® Very Walkable (70)
  • Transit Score ® Some Transit (42)
  • Bike Score ® Bikeable (52)
Powered by Walk Score ®
  • City Colorado Springs, CO
  • Neighborhood Rustic Hills
  • Zip Code 80909
  • Market Denver

Points of Interest

Manitou Springs

9.41 miles

Kum & Go

1.35 miles

Phillips 66

2.06 miles

Conoco

2.11 miles

ChargePoint

3.38 miles

Kum & Go

3.50 miles

ChargePoint

3.62 miles

Tesla Supercharger

3.72 miles

Conoco

3.74 miles

ChargePoint

3.75 miles

Maverick

4.31 miles

Parking Area 25

2.10 miles

E-4

3.37 miles

First Baptist Church of Colorado Springs Parking

3.44 miles

City Hall Surface Lot

3.55 miles

Lot 220

3.64 miles

El Paso County Juror Parking

3.94 miles

Overflow Parking

4.61 miles

Airport Parking payment

4.78 miles

C Lot

6.14 miles

Park and Ride

6.58 miles

Subway

1.87 miles

Wendy's

2.63 miles

Texas Roadhouse

2.79 miles

Qdoba

3.00 miles

Del Taco

3.20 miles

kumbala

3.52 miles

Yoo Mae Japanese Restaurant

3.72 miles

Cafe 65

3.87 miles

COATI

3.93 miles

Rail Yard Gaming + Gastropub

3.98 miles

Citadel Mall

0.44 miles

Safeway

0.83 miles

Save-A-Lot

2.29 miles

Safeway

2.51 miles

Ross

3.08 miles

JCPenney

3.25 miles

Target

3.51 miles

TJ Maxx

3.56 miles

Burlington

3.58 miles

Ross

3.58 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 30 Apr, 2019
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Colorado Springs

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Colorado Springs Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $21.08
  • 2020 Office Vacancy Rate 14.71%
  • 2020 Office Completions (SF)

Colorado Springs Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $155.39
  • Y-o-Y Avg. PpSF Change 24.17%
  • 2020 Office Sales Volume $159M
  • 2020 Number of Transactions 14
View more Colorado Springs market trends

Tax

  • Property Tax in 2021 $45,927
  • Market Value* $2,650,000
  • Assessed Value $2,650,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 1005-1075 North Academy Blvd?

1005-1075 North Academy Blvd totals 77,976 square feet.

When was this property built?

1005-1075 North Academy Blvd was built in 1985.

When was 1005-1075 North Academy Blvd last sold?

1005-1075 North Academy Blvd was last sold on 30 Apr, 2019.

What is the property tax for 1005-1075 North Academy Blvd?

The property tax for 1005-1075 North Academy Blvd in 2021 was $45,927.

What is the market value for 1005-1075 North Academy Blvd?

The market value* for 1005-1075 North Academy Blvd in 2021 was $2,650,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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