7585 N Academy Blvd
Colorado Springs, CO 80920
Raising Cane's · Retail Property For Sale

New Raising Cane’s located within Colorado Springs, CO. The 15-year ground lease features four 5-year options to extend and 10% increases in the base term and options. The subject property is located along North Academy Boulevard and adjacent to Chapel Hills Mall and Chapel Hills East, a heavily-trafficked retail corridor in Colorado Springs, where traffic counts exceed 50,000 VPD. Surrounding retailers include Whole Foods, King Soopers, Sam’s Club, Home Depot, REI, Michaels, DSW and more. The subject property is located less than a 10 minute drive from the U.S. Air Force Academy, one of the largest tourist attractions in Colorado, welcoming more than one million visitors each year. The city’s average gross income from tourism is $2.25 billion with over 23 million visitors per year, providing a substantial boost to the retail industry. Scheels All Sports, a 220,000 sf retail space featuring entertainment attractions and 75 specialty shops and boutiques, will also be opening in 2021.