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$3,465,000
Est. payment /mo
1.18 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2822410
HOA Y/N No
Originating Board recolorado
Year Built 1975
Annual Tax Amount $45,400
Tax Year 2023
Lot Size 1.180 Acres
Acres 1.18
Property Sub-Type Office
Property Description
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.
Location
State CO
County El Paso
Zoning OC
Interior
Fireplace N
Exterior
Total Parking Spaces 60
Garage No
Building
Sewer Public Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by NorthPeak Commercial Advisors, LLC • matt@northpeakcre.com,303-210-1623
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