New to the Colorado Springs’ market is a true value-add retail building for sale located along the business corridor of Academy Blvd. The shopping center offers 10 units, some of which, are all on short term leases paying below market rent. The building is prime for remodel, which will allow for increases in rental rates.
The area of the investment sale is located in the middle of the Academy Blvd. corridor making it a great location for most retailers. It is just south of Union, which is another major corridor in Colorado Springs.
The building features high visibility, easy access to Union and Academy, centrally located, and upside with renovations. The building is also zoned PBC allowancing most business, retail uses.
This building is the perfect opportunity for “value add” buyers.
• High Visibility!
• Close to Restaurants!
• Heavy Traffic Counts!
• Great Investment Opportunity!