12.4 Years Remaining on Recent 15-Year Lease Extension
Blue West Capital is pleased to offer for sale the single-tenant AutoZone located at 1899 S Academy Boulevard in Colorado Springs, Colorado. AutoZone (NYSE: AZO | S&P: BBB) has operated at the property for more than 23 years and recently executed a 15-year lease extension, providing approximately 12.4 years of remaining lease term with limited landlord responsibilities.
The property is strategically positioned along S Academy Boulevard (40,561 VPD), one of Colorado Springs’ primary commercial corridors, near the signalized intersection with Chelton Road. The location benefits from approximately 53,750 combined vehicles per day and is surrounded by an established concentration of national and regional retailers. Directly adjacent to the property is a high-performing Walmart Neighborhood Market, ranked #2 in Colorado (Placer.ai).
