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Park Place Shopping Center 5002 N Academy Blvd 885 - 10,331 SF of Retail Space Available in Colorado Springs, CO 80918

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SPACE AVAILABILITY (4)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 5006
  • 1,465 SF
  • Negotiable
  • $16.00 /SF/YR $1.33 /SF/MO $23,440 /YR $1,953 /MO
  • Triple Net (NNN)
5002-5044 N Academy Blvd - 1st Floor - Ste 5006
Space Use
Retail
Availability
Now

Under New Management and Capital Improvements underway. 5% Broker Tenant Rep commission for lease executed before 1/1/2026.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste 5012
  • 885 SF
  • Negotiable
  • $16.00 /SF/YR $1.33 /SF/MO $14,160 /YR $1,180 /MO
  • Triple Net (NNN)
5002-5044 N Academy Blvd - 1st Floor - Ste 5012
Space Use
Retail
Availability
Now

Under New Management and Capital Improvements underway. 5% Broker Tenant Rep commission for lease executed before 1/1/2026.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste 5020
  • 4,556 SF
  • Negotiable
  • $16.00 /SF/YR $1.33 /SF/MO $72,896 /YR $6,075 /MO
  • Triple Net (NNN)
5002-5044 N Academy Blvd - 1st Floor - Ste 5020
Space Use
Retail
Availability
Now

Has overhead door Under New Management and Capital Improvements underway. 5% Broker Tenant Rep commission for lease executed before 1/1/2026.

  • Lease rate does not include utilities, property expenses or building services
  • 1st Floor, Ste 5026
  • 3,425 SF
  • Negotiable
  • $16.00 /SF/YR $1.33 /SF/MO $54,800 /YR $4,567 /MO
  • Triple Net (NNN)
5002-5044 N Academy Blvd - 1st Floor - Ste 5026
Space Use
Retail
Availability
Now

Under New Management and Capital Improvements underway. 5% Broker Tenant Rep commission for lease executed before 1/1/2026.

  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor, Ste 5006 1,465 SF Negotiable $16.00 /SF/YR $1.33 /SF/MO $23,440 /YR $1,953 /MO Triple Net (NNN)
1st Floor, Ste 5012 885 SF Negotiable $16.00 /SF/YR $1.33 /SF/MO $14,160 /YR $1,180 /MO Triple Net (NNN)
1st Floor, Ste 5020 4,556 SF Negotiable $16.00 /SF/YR $1.33 /SF/MO $72,896 /YR $6,075 /MO Triple Net (NNN)
1st Floor, Ste 5026 3,425 SF Negotiable $16.00 /SF/YR $1.33 /SF/MO $54,800 /YR $4,567 /MO Triple Net (NNN)

5002-5044 N Academy Blvd - 1st Floor - Ste 5006

Size
1,465 SF
Term
Negotiable
Rental Rate
$16.00 /SF/YR $1.33 /SF/MO $23,440 /YR $1,953 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

Under New Management and Capital Improvements underway. 5% Broker Tenant Rep commission for lease executed before 1/1/2026.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

5002-5044 N Academy Blvd - 1st Floor - Ste 5012

Size
885 SF
Term
Negotiable
Rental Rate
$16.00 /SF/YR $1.33 /SF/MO $14,160 /YR $1,180 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

Under New Management and Capital Improvements underway. 5% Broker Tenant Rep commission for lease executed before 1/1/2026.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

5002-5044 N Academy Blvd - 1st Floor - Ste 5020

Size
4,556 SF
Term
Negotiable
Rental Rate
$16.00 /SF/YR $1.33 /SF/MO $72,896 /YR $6,075 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

Has overhead door Under New Management and Capital Improvements underway. 5% Broker Tenant Rep commission for lease executed before 1/1/2026.

  • Lease rate does not include utilities, property expenses or building services

5002-5044 N Academy Blvd - 1st Floor - Ste 5026

Size
3,425 SF
Term
Negotiable
Rental Rate
$16.00 /SF/YR $1.33 /SF/MO $54,800 /YR $4,567 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

Under New Management and Capital Improvements underway. 5% Broker Tenant Rep commission for lease executed before 1/1/2026.

  • Lease rate does not include utilities, property expenses or building services

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SITE PLAN

SELECT TENANTS AT PARK PLACE SHOPPING CENTER

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Absolute Vapor Lounge
  • Other Retail
  • 2
  • Local
  • Cameraworks
  • Cameras
  • 1
  • Local
  • Jade Massage LLC
  • Salon/Barber/Spa
  • 1
  • Local
  • Neighbors Liquors
  • Liquor
  • 1
  • Local
  • Perfect Teeth
  • MD/DDS
  • 87
  • Local
  • Seascape Aquatics
  • Health & Beauty Aids
  • 1
  • Local
TENANT DESCRIPTION US LOCATIONS REACH
Absolute Vapor Lounge Other Retail 2 Local
Cameraworks Cameras 1 Local
Jade Massage LLC Salon/Barber/Spa 1 Local
Neighbors Liquors Liquor 1 Local
Perfect Teeth MD/DDS 87 Local
Seascape Aquatics Health & Beauty Aids 1 Local

PROPERTY FACTS

Total Space Available 10,331 SF
Center Type Neighborhood Center
Parking 208 Spaces
Stores 1
Center Properties 3
Frontage
301’ on N Academy Blvd
  • 304’ on N Union Blvd
  • 348’ on Ranch Dr
Gross Leasable Area 34,981 SF
Total Land Area 3.02 AC
Year Built 1978
Cross Streets Academy Blvd. & Union Blvd.

ABOUT THE PROPERTY

Under New Management and Capital Improvements underway. 5% Broker Tenant Rep commission for lease executed before 1/1/2026. Busy intersection, across the street from Safeway, Big 5 Sporting Goods, Target, Fast-food

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Signalized Intersection
  • Kiosk/Cart Space
  • Drive Thru
  • Storage Space
Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Safeway
Famous Dave's
Starbucks
Burn Boot Camp
Redline Athletics
Noodles & Company
Crunch Fitness
Jazzercise
CrossFit
Jenny Craig
  • Listing ID: 29463875

  • Date on Market: 8/28/2025

  • Last Updated:

  • Address: 5002 N Academy Blvd, Colorado Springs, CO 80918

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