Search Results for 

6121 N Academy Boulevard - World of Tile, Colorado Springs, CO

Welcome to SHOWCASE.COM, the Web's most comprehensive source of commercial property data, where you can search from 900,000 listings nationwide. To see more Commercial Real Estate listings, Office Space, Industrial Space, Retail Space, Commercial Land, Multi-Family or other commercial property types, just click the button to the right.
6121 N Academy Boulevard - World of Tile

Colorado Springs, CO 80918-5436 - Northeast Ret Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1979
Building Size:18,080 SF Land Area:.89 AC (38,803 SF)
For Sale Price:$2,550,000 Price/SF:$141.04
Cap Rate:7.00 %
Parking:Free Surface spaces are available; Ratio of 6.44/1,000 SF
Features:Bus Line, Signalized Intersection

The space is conveniently located at the northwest intersection of Academy Blvd. and Lehman Streets. The C5 zoning allows for a number of uses for this space.

Easily accessible from I-25 and on the main thoroughfare of Academy Blvd. This location provides a user with easy parking lot and building access.

Sale Notes:
This property is an 18,000 square-foot, fully occupied two-tenant prop-erty located in the desirable commercial area of northern Academy Bou-levard. The property was constructed in 1979 and was recently renovated in 2015. The renovation included a new EPDM roof, stucco and glass fac-sia, upgraded electrical systems and parking lot. A World of Tile has been a long-term tenant at this location since 1998. A World of Tile recently extended their lease term through November 2021 and thereafter enjoys one five year renewal option through November 2026.

The property sits on a signaled intersection with 200 feet of frontage along Academy Boulevard, and daily traffic volume exceeding 47,000 cars. This two-tenant retail/flex-space property is located in a desirable retail location in Colorado Springs, with a population of over 230,000 people within a five mile radius and average household income of $78,593 within a three mile radius. The property is positioned on a hillside, with the lower level above grade (dock height). A World of Tile occupies the entire upper level and One Source Cabinets occupies the lower level unit.

Marcus & Millichap Inc
Drew Isaac
(303) 328-2048

Cory Gross
(303) 328-2019

Madison Schaffner
(303) 328-2037

Share this listing

Copy and paste this HTML into your blog or web page:
<a href="" target="_blank">6121 N Academy Boulevard - World of Tile, Colorado Springs, CO - Commercial property</a>

Send Email
Add a personalized message: (Optional)
Copyright © 1997-2016 CoStar Realty Information, Inc. All rights reserved.  |  About SHOWCASE.COM |  Advertise |  Site Map |  800-216-3234