• Academy Point Atrium I
  • Academy Point Atrium I
  • +1 image Academy Point Atrium I
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Academy Point Atrium I

Off-Market

1250 Academy Park Loop, Colorado Springs, CO 80910

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

  • Property Type Office - General Office
  • Property Size 90,763 Sqft
  • Lot Size 7.22 Acre
  • Parking Spaces Avail. 363
  • Parking Ratio 4.00/ 1,000 SF
  • Property Tenancy Single Tenant
  • LEED Certified Silver
  • Building Class B
  • Year Built 1981

Location

  • City Colorado Springs, CO
  • Neighborhood Spring Creek
  • Zip Code 80910
  • Market Denver

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 10 Sep, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • 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.

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

Colorado Springs Office Sales Trends

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

  • 2020 Avg. Price per Sqft $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

  • Market Value $10,761,809
  • Assessed Value $10,761,809

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

Frequently Asked Questions

What is the total square footage of Academy Point Atrium I?

Academy Point Atrium I totals 90,763 square feet.

When was this property built?

Academy Point Atrium I was built in 1981.

When was Academy Point Atrium I last sold?

Academy Point Atrium I was last sold on 10 Sep, 2015.

What is the market value for Academy Point Atrium I?

The market value for Academy Point Atrium I in 2020 was $10,761,809.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.