3100 N Academy Blvd - Medical FOR SALE


Colorado Springs, CO 80917- Palmer Park
$3,465,000 USD
303-210-1623
3100 N Academy Blvd, Colorado Springs, CO for Sale
$3,465,000 USD
Medical - FOR SALE
1/26
null | 7.53% Cap Rate

3100 N Academy Blvd
Colorado Springs, CO 80917
Palmer Park


HIGHLIGHTS

  • Strong cash flow
  • Newly renovated exterior
  • Several newly signed NNN leases
  • Many recent tenant finishes
  • Ample parking
  • Great location and easy access points

OVERVIEW

3100 N Academy Blvd. is a multi-tenant NNN office building well located in a busy section of Academy Blvd. The property currently has 13 office suites varying from about 1,000 SF up to around 2,200 SF, some of which are medical. In addition, because of it’s oversized parking lot, there is a parking lease to a neighboring property, which gathers otherwise unused square footage. This property is a fully stabilized NNN investment offering a 7.5% cap rate, with several long-term tenants providing steady income. It boasts a diverse mix of tenants and established lease agreements which helps ensure reliable cash flow and minimal turnover. Its strong occupancy and strategic location make it a secure investment with a solid yield, ideal for buyers seeking a stable, income-generating asset.

FOR SALE DETAILS

PRICE

$3,465,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

7.53%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parkmoor Professional

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

OC

APN/PARCEL ID

63341-04-003

ASK ABOUT THIS PROPERTY

Matthew LewallenNorthPeak Commercial AdvisorsMore Info
303-210-1623

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Matthew LewallenNorthPeak Commercial AdvisorsMore Info
303-210-1623

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.