Park Place Plaza

5002 North Academy Blvd, Colorado Springs, CO 80918

Property Information

  • For Lease $11.00 - $16.00/SF/YR
  • Property Type Retail - Strip/Convenience
  • Property Size 36,000 SF
  • Lot Size 2.9 Acre
  • # of Floors 1
  • Property Tenancy Multi-Tenant
  • Year Built 1978
  • Date Updated May 6, 2026

Description

Park Place Plaza is a 36,000-square-foot strip center situated on a 2.9-acre lot at 5002 North Academy Blvd in Colorado Springs. The property features multi-tenant occupancy and was originally built in 1978, offering space suitable for a variety of retail businesses.

Located in the Vista Grande neighborhood, the area has a Walk Score of 79 out of 100 points, meaning many destinations are reachable on foot, which can benefit retail tenants. Nearby parking options include Library Overflow Parking, approximately 0.6 miles away, providing additional convenience for visitors.

4 Spaces Available

5006 North Academy Blvd 1st Floor

Space Type

Retail

Lease Rate

$16.00/SF/YR

Total Space

1,465 SF

Additional Rent

$6.84/SF/YR

Floor

1

Divisible Space

1,465 - 1,465 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Under New Management and Capital Improvements underway.

5012 North Academy Blvd 1st Floor

Space Type

Retail

Lease Rate

$16.00/SF/YR

Total Space

885 SF

Additional Rent

$6.84/SF/YR

Floor

1

Divisible Space

885 - 885 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Under New Management and Capital Improvements underway. 

5020 North Academy Blvd 1st Floor

Space Type

Retail

Lease Rate

$11.00/SF/YR

Total Space

4,556 SF

Additional Rent

$6.84/SF/YR

Floor

1

Divisible Space

4,556 - 4,556 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Under New Management and Capital Improvements underway. 

5026 North Academy Blvd 1st Floor

Space Type

Retail

Lease Rate

$14.00/SF/YR

Total Space

3,500 SF

Additional Rent

$6.84/SF/YR

Floor

1

Divisible Space

3,500 - 3,500 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Under New Management and Capital Improvements underway.

Contacts

Ed Baur

Olive Real Estate Group

Location

Located at 5002 North Academy Blvd, Colorado Springs, CO 80918, this property is part of the Vista Grande neighborhood and Denver market.

Contact Listing Broker
Ed Baur

Olive Real Estate Group

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