5025 North Academy Blvd

Off-Market

5025 North Academy Blvd, Colorado Springs, CO 80918

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  • Property Type Retail - Freestanding
  • Property Size 60,000 SF
  • Lot Size 1.65 Acre
  • Property Tenancy Single Tenant
  • Year Built 1978

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 04 May, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity 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.

  • 2021 Avg. Asking Rent $22.55
  • 2021 Office Vacancy Rate 15.36%
  • 2021 Office Completions (SF) 414,930

Colorado Springs Office Sales Trends

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

  • 2021 Avg. Price per SF $180.86
  • Y-o-Y Avg. PpSF Change 9.36%
  • 2021 Office Sales Volume $338.5M
  • 2021 Number of Transactions 24
View more Colorado Springs market trends

Location

Getting Around

  • Walk Score ®

    72/100 Very Walkable
  • Transit Score ®

    31/100 Some Transit
  • Bike Score ®

    55/100 Bikeable
Powered by Walk Score ®
  • City Colorado Springs, CO
  • Neighborhood Vista Grande
  • Zip Code 80918
  • Market Denver

Points of Interest

  • Manitou Springs

    9.18 miles

  • ChargePoint

    0.25 miles

  • Diamond Shamrock

    0.95 miles

  • Conoco

    1.00 miles

  • Diamond Shamrock

    1.06 miles

  • King Soopers

    1.13 miles

  • Shell

    1.27 miles

  • Kum & Go

    1.40 miles

  • Phillips 66

    1.47 miles

  • Conoco

    1.49 miles

  • 7-Eleven

    1.90 miles

  • Library Overflow Parking

    0.60 miles

  • Lot 103

    1.48 miles

  • Lot 220

    1.60 miles

  • Yucca Flats

    1.67 miles

  • Lot 222

    1.69 miles

  • Lot 224

    1.76 miles

  • Parking Lot 16

    1.82 miles

  • Parking Garage

    1.84 miles

  • Lot 432

    1.84 miles

  • TRAIL HEAD

    1.88 miles

  • Mirch Masala

    0.06 miles

  • Panda Express

    0.08 miles

  • Panbers Asian Bistro

    0.09 miles

  • Chipotle

    0.10 miles

  • Red Lobster

    0.17 miles

  • McDonald's

    0.27 miles

  • Chuck E. Cheese's

    0.37 miles

  • Three Delights Caribbean Grill

    0.38 miles

  • Poke Bop Bowl-N-Roll

    0.39 miles

  • Over Seas 101

    0.39 miles

  • Big Lots

    0.13 miles

  • Safeway

    0.27 miles

  • Target

    0.45 miles

  • King Soopers

    1.03 miles

  • Ross

    1.09 miles

  • Walmart Neighborhood Market

    1.19 miles

  • Adam's Market International

    1.80 miles

  • Save-A-Lot

    1.85 miles

  • Sprouts Farmers Market

    1.98 miles

  • King Soopers

    2.28 miles

Frequently Asked Questions

What is the total square footage of 5025 North Academy Blvd?

5025 North Academy Blvd totals 60,000 square feet.

When was this property built?

5025 North Academy Blvd was built in 1978.

When was 5025 North Academy Blvd last sold?

5025 North Academy Blvd was last sold on 04 May, 2021.

What is the property tax for 5025 North Academy Blvd?

The property tax for 5025 North Academy Blvd in 2021 was $1,390.

What is the market value for 5025 North Academy Blvd?

The market value* for 5025 North Academy Blvd in 2021 was $80,240.
*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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