Flex Space Near Interstate
For Sale
Contact for pricing
1065 Garden of the Gods, Colorado Springs, CO 80907
Flex space with strong traffic visibility on Garden of the Gods Road and quick access to I-25.
Property Size23,266 SF
Price / SF$148.97
Days on Market36
Property Features for 1065 Garden of the Gods
General Information
Standard status
Active
Size
23,266 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
NAI Highland, LLC
(719) 650-1332
Listed By:
Randy Dowis · License #FA1157155
(719) 650-1332
Source:
Moodyscre
Added: Jun 26
Changed: Jul 29
Last Checked: Jul 30 at 2:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Highland, LLC
Investment Insights
Based on property information with market context.
This flex space offering is located on Garden of the Gods Rd and positioned for high daily visibility, with approximately 43,000 VPD. The property totals 23,266 SF, providing a compact footprint suited to flexible commercial uses.
Centrally positioned in Colorado Springs, the site is designed for convenient access to I-25. Public remarks indicate a drive time of just 2 minutes to the interstate, supporting easy customer and workforce access.
Centrally positioned in Colorado Springs, the site is designed for convenient access to I-25. Public remarks indicate a drive time of just 2 minutes to the interstate, supporting easy customer and workforce access.
Key Highlights
- Located on Garden of the Gods Rd with approximately 43,000 VPD
- 23,266 SF flex space
- Centrally positioned in Colorado Springs
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $362.9k | $15.60 |
| − Vacancy | −$18.1k | −$0.78 |
| EGI | $344.8k | $14.82 |
| − OpEx | −$120.7k | −$5.19 |
| NOI | $224.1k | $9.63 |
23,266 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$3.20M
$2.80M – $3.74M
NOI $224,121 @ 7.0% cap · market cap 6.47%
Second Best
Industrial
$3.02M
$2.64M – $3.52M
NOI $211,124 @ 7.0% cap · market cap 6.09%
Theoretical Best
Specialty Retail
$4.59M
$4.02M – $5.36M
NOI $321,629 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80907, CO
28,806
Population
13,250
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
93%
High-School Grad
9.8 sq mi
ZIP Area
2,939
Density / Sq Mi
$71,393
Median Household Income
$41,355
Median Earnings
$1,392
Median Rent
$371,200
Median Home Value
Market
Vacancy Rate% for Industrial in Colorado Springs, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space with strong traffic visibility on Garden of the Gods Road and quick access to I-25.
Where is this flex space located?
The property is located at 1065 Garden of the Gods Colorado Springs, CO.
What is the asking price?
The asking price for this property is $3,466,000.
What are key features of this property?
This property features: Located on Garden of the Gods Rd with approximately 43,000 VPD; 23,266 SF flex space; Centrally positioned in Colorado Springs
