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3204 N Academy Boulevard

3204 N Academy Boulevard | Colorado Springs | CO Back to Properties


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Offering Memorandum

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Agreement

NavPoint Real Estate Group (“Broker“) has been retained as the exclusive Broker regarding the sale of the property located at 3204 N Academy Boulevard, Colorado Springs, CO 80917. To receive an Offering Memorandum (“Offering Memorandum“) please read this Confidentiality Agreement and agree to the terms. The details and information contained within the Offering Memorandum were obtained from sources deemed to be reliable. Verification of the information contained within the Offering Memorandum are the sole responsibility of the Potential Purchaser. No representation is made to the accuracy of the information by Seller or Broker. THIS AGREEMENT is made and entered into by and between NavPoint Real Estate Group and "Potential Purchaser

Property Details

  • Price: $5,620,000
  • Transaction Type: For Sale, Investment
  • Property Type: Office, Medical
  • Building Size: 31,609 SF
  • Lot Size: 2.30 AC
  • Cap Rate: %7.25
  • Year Built: 1984

Property Description

Multi-Tenant Professional Office Investment Opportunity

NavPoint Real Estate Group is pleased to offer the opportunity to acquire 3204 N Academy Blvd, commonly known as Academy Park Center, a three-story multi-tenant office building consisting of 31,609 rentable square feet. Located in Colorado Springs, the property features upgraded lobby and common area finishes, ample parking, including a recently refinished underground parking garage, and a diverse medical and professional tenant mix. With a timeless brick face, and several suites offering private balconies the property stands out from others in Colorado Springs.

Academy Park Center boasts quality finishes and is designed with a flexible floor plan that can accommodate a variety of tenant sizes. The exterior features redesigned landscaping, an upgraded monument sign, frontage on Academy Blvd with great visibility.

  • Multi-tenant professional office building with large & small suites to accommodate a variety of tenants
  • Strong Local Economy
  • Strategic Location in Colorado Springs
  • Secure Long-Term Cash Flow
  • Recent Property Upgrades
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Financial Summary (Actual - )

Annual Annual Per SF
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Other Income: - -
Vacancy Loss: - -
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