Academy & Woodmen Restaurant Space (Former Mimi's Café)

Investment Overview

Positioned at the corner of N. Academy Boulevard and E. Woodmen Road, 7133 N. Academy represents a rare chance to acquire a freestanding single-tenant building at one of northeast Colorado Springs' most established and highest-trafficked retail intersections. Opportunities of this format — a purpose-built, one-acre freestanding site with dedicated parking and monument signage at a 130,000+ VPD intersection — turn over infrequently, and the surrounding retail density only reinforces the location's long-term durability. The 6,983 SF building offers strong structural bones and an established restaurant layout, giving a new owner a meaningful head start over ground-up construction in terms of both timeline and cost basis. Delivered vacant, the property is ready for a new owner to execute their own vision — whether that means a full renovation under an existing concept, a franchise conversion, or a ground-up repositioning of the tenant mix. The trade area draws from the affluent Briargate and Pine Creek neighborhoods, with $120K average household income, sustained inbound migration, and a dense national retail co-tenancy that drives consistent consumer traffic to this corridor year-round.

Investment Highlights

• Rare freestanding 6,983 SF building on a one-acre site
• Strong 2nd gen restaurant bones — established layout in place
• 58-space surface lot — 8.3/1,000 SF parking ratio
• 130,000+ VPD at one of Colorado Springs' busiest intersections
• Dense national co-tenancy — Whole Foods, Sam's Club, Home Depot
• 80,500+ residents, 32,200+ households within a 3-mile radius
• $120K average household income — high-spending trade area
• Delivered vacant — no existing lease to inherit