2790 N. Academy  Blvd

Colorado Springs, CO 80917

RBA

51,630

Parcel Size

3.67 AC

Space Available

8,374 RSF

Asking Price

$4,850,000

Lease Rate

$14.50/RSF, MG

Tax

$580,030

Zoning

OR UV

Year Built/Renovated

1980/2015

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     Offices at the Park is a three story 51,630 square foot office building which is located at 2790 North Academy Boulevard in Colorado Springs. The property’s unique setting bordering the beautiful Palmer Park in the center of Colorado Springs boasts spectacular views of the mountains and Palmer Park’s dramatic rock formations. The property is conveniently located within minutes of many restaurants and retail shops.


     Much of the building has been renovated and upgraded including professional landscaping. Additional improvements have included handicap door installations, upgraded bathrooms and carpet installation in common areas. The current property management team continues to address any maintenance issues that require attention. The leasing team has successfully renewed existing leases in the building while adding new tenants, increasing current occupancy to approximately 77.54%. Many of the current tenants in the building are competitive with similar office properties in the market.

Investment Highlights


This property offers an investor a stable base rent roll with the opportunity to generate additional upside opportunity from new tenant leases ranging from 927 – 9,301 square feet. Offered at $4,850,000 or $96.94 per square foot.

Ecovest Properties: Colorado Springs Commrcial Real Estate & PropertyManagement
Ecovest Properties, LLC 
5475 Mark Dabling Boulevard, Suite 101 
Colorado Springs, Colorado 80918  
Ecovest, LLC
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