Office Building Off Uintah
1122 N El Paso St Colorado Springs, CO 80903
1122 N El Paso St, Colorado Springs, CO, 80903
Contact for pricing
For Sale
Contact for pricing
For-sale office building located just off the Uintah Street corridor.
Property Size4,714 SF
Price / SF$259.86
Days on Market155
Property Features for 1122 N El Paso St
General Information
- Standard status
- Active
- Size
- 4,714 SF
- Property subtype
- OFFICE
Listing agency
Cushman & Wakefield | Colorado Springs Commercial
(330) 412-2297
Listed by
Grant Seanor
(330) 412-2297
Source
Moodyscre
Added: Feb 17 Updated: Jul 22 at 10:20AM Checked: Jul 22 at 10:20AM
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 Cushman & Wakefield | Colorado Springs Commercial
Investment Insights
Based on property information with market context.
1122 N El Paso St is an office building offered for sale, totaling 4,714 square feet. The property is positioned to serve day-to-day business needs with a standalone office configuration.
The building is located just off the Uintah Street corridor, providing convenient access to the surrounding roadway network.
This offering is suited for buyers seeking an office property with a clearly defined building footprint in a commuter-accessible commercial area.
The building is located just off the Uintah Street corridor, providing convenient access to the surrounding roadway network.
This offering is suited for buyers seeking an office property with a clearly defined building footprint in a commuter-accessible commercial area.
Key Highlights
- For‑sale office building just off the Uintah Street corridor
- Near Uintah Street, positioned for visibility to thousands of daily commuters
- Old North End charm and character
Local Financial Insights For Office B
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 | $70.7k | $15.00 |
| − Vacancy | −$8.8k | −$1.88 |
| EGI | $61.9k | $13.13 |
| − OpEx | −$15.5k | −$3.28 |
| NOI | $46.4k | $9.84 |
4,714 SF · lease $15.00/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$662.9K
$580.0K – $773.4K
NOI $46,403 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$930.9K
$814.6K – $1.09M
NOI $65,166 @ 7.0% cap · market cap 5.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Helland Jennifer L
Law Firm
Knies, Helland & McPherson ...
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - For-sale office building located just off the Uintah Street corridor.
Where is this office building located?
The property is located at 1122 N El Paso St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: For‑sale office building just off the Uintah Street corridor; Near Uintah Street, positioned for visibility to thousands of daily commuters; Old North End charm and character
