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Two-Tenant Retail Property
6121 N Academy Boulevard, Colorado Springs, CO
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Investment Highlights
- Price: $2,550,000
- CAP Rate: 7.00%
- Year 1 NOI: $178,501
- Price/SF: $142
- Gross Leasable Area: 18,000 SF
- Year Built/Renovated: 1979/2015
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- Strong Location on North Academy Blvd. at Signalized Intersection at Lehman
Drive with High Visibility to 47,000+ Cars Per Day
- 2015 Renovation Included New Roof (10 Year Warranty), Stucco and Glass Facade, Electrical Systems, Efficient Interior Lighting & Parking Lot
- Lower Level Rent is Below Market with No Options to Renew
- A World of Tile Recently Extended Lease Showing Strong Commitment to Location,
Six Years of Term Remaining
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