7120 North Academy Blvd

Off-Market

7120 North Academy Blvd, Colorado Springs, CO 80920

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  • Property Type Retail - Freestanding Big Box
  • Property Size 107,504 SF
  • Lot Size 12.56 Acre
  • Property Tenancy Owner Occupied
  • Year Built 1996

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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Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

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 ®

    56/100 Somewhat Walkable
  • Transit Score ®

    29/100 Some Transit
  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Colorado Springs, CO
  • Neighborhood Anderosa
  • Zip Code 80920
  • Market Denver

Points of Interest

  • Manitou Springs

    8.99 miles

  • eVgo

    0.09 miles

  • Sam's Club

    0.29 miles

  • Academy Conoco

    0.36 miles

  • 7-Eleven

    0.64 miles

  • Shell

    0.74 miles

  • Diamond Shamrock

    0.75 miles

  • Diamond Shamrock

    1.07 miles

  • Valero

    1.08 miles

  • Conoco

    1.29 miles

  • Conoco

    1.45 miles

  • Trailhead Parking

    0.80 miles

  • Park and Ride

    1.04 miles

  • Edmundson Trailhead

    1.08 miles

  • Puplit Rock Trailhead Parking

    1.38 miles

  • Rampart Park

    1.65 miles

  • Library Overflow Parking

    1.94 miles

  • Alpine Parking Garage and Recreation Field

    2.56 miles

  • Lee Lake

    2.57 miles

  • Ice Lake Trailhead

    2.66 miles

  • Lot 432

    2.74 miles

  • Mimi's Cafe

    0.09 miles

  • Qdoba

    0.11 miles

  • Pei Wei

    0.14 miles

  • McAlister's Deli

    0.18 miles

  • Rong Cheng Chinese Restaurant

    0.19 miles

  • Noodles

    0.23 miles

  • Einstein Bros. Bagels

    0.25 miles

  • Jamba

    0.25 miles

  • Buffalo Wild Wings

    0.26 miles

  • Five Guys

    0.27 miles

  • Marshalls

    0.18 miles

  • King Soopers

    0.23 miles

  • Natural Grocers

    0.30 miles

  • Whole Foods Market

    0.53 miles

  • Sprouts Farmers Market

    0.55 miles

  • Ross

    0.56 miles

  • Adam's Market International

    0.73 miles

  • Chapel Hills Mall

    0.93 miles

  • Walmart Supercenter

    1.07 miles

  • King Soopers

    2.05 miles

Frequently Asked Questions

What is the total square footage of 7120 North Academy Blvd?

7120 North Academy Blvd totals 107,504 square feet.

When was this property built?

7120 North Academy Blvd was built in 1996.

What is the property tax for 7120 North Academy Blvd?

The property tax for 7120 North Academy Blvd in 2022 was $113,530.

What is the market value for 7120 North Academy Blvd?

The market value* for 7120 North Academy Blvd in 2022 was $5,639,360.
*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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