High-Class Office Building For Sale

5110 Edison Ave, Colorado Springs, CO

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For Sale

Contact for pricing

42,484 SF office building suitable for owner-user or investor.

Type:LAND

Property size:

42,484 SF

Lot size:

3.26 Acres

Price / SF:

$160/SF

HighLights

High‑class, beautifully finished office building.
Located in the 2nd best economy in the US.
40,000 SF building suitable for owner‑user or investor.
Includes a 10,000 SF DOD tenant (Sev1Tech) providing stable income.
Farm Credit of Southern Colorado partially occupies the building.
Offers 112 total parking spaces.

We can help!

Listing Contact

Helen Cameron

For Sale

Contact for pricing

42,484 SF office building suitable for owner-user or investor.

Type:LAND

Property size:

42,484 SF

Lot size:

3.26 Acres

Price / SF:

$160/SF

Added:: Dec 11, 2024
Days on Market:: 553
Last Refresh:: May 20 at 9:06 pm

Property Features for 5110 Edison Ave

General Information

Standard status: Active
Size: 42,484 SF
Lot size: 3.26 Acres
Property subtype: LAND

We can help!

Listing Contact

Helen Cameron

Listing agent Helen Cameron License #CO-040041260

Listing office Thrive Commercial Partners

Listing date Dec 11, 2024

Source Moodyscre

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 Thrive Commercial Partners

HighLights

High‑class, beautifully finished office building.
Located in the 2nd best economy in the US.
40,000 SF building suitable for owner‑user or investor.
Includes a 10,000 SF DOD tenant (Sev1Tech) providing stable income.
Farm Credit of Southern Colorado partially occupies the building.
Offers 112 total parking spaces.

Overview

This is a 42,484 square foot, high-class office building. The property is located in Colorado Springs, Colorado. The building is partially occupied by Farm Credit of Southern Colorado and Sev1Tech, a DOD tenant occupying 10,000 square feet. The property is suitable for an owner-user looking for in-place stable income or an investor looking to create additional value through lease up. There are 112 total parking spaces available.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$637.3k	$15.00
− Vacancy	−$79.7k	−$1.88
EGI	$557.6k	$13.13
− OpEx	−$139.4k	−$3.28
NOI	$418.2k	$9.84

42,484 SF · lease $15.00/SF/yr · vacancy 12.50% · expense 25.00%

Alternative Uses

Best Use

Office B

$5.97M

$5.23M – $6.97M (±1% cap)

NOI $418,202 @ 7.0% cap · market cap 6.15%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$8.39M

$7.34M – $9.79M (±1% cap)

NOI $587,299 @ 7.0% cap · market cap 8.64%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Farm Credit of Southern ... Bank Rugged as Iron ... Trucking Company

Suggested Use

Location Insight

Map
Local Demand

City: Colorado Springs
County: El Paso
State: Colorado
Longitude: -104.732
Latitude: 38.8404

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What type of property is this?

Office building - 42,484 SF office building suitable for owner-user or investor.

Where is this office building located?

The property is located at 5110 Edison Ave Colorado Springs, CO.

What is the asking price?

The asking price for this property is $6,799,000.

What are key features of this property?

This property features: High‑class, beautifully finished office building.; Located in the 2nd best economy in the US.; 40,000 SF building suitable for owner‑user or investor.

5110 Edison Ave, Colorado Springs, CO

42,484 SF office building suitable for owner-user or investor.

Property Features for 5110 Edison Ave

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Colorado Springs Flex Office/Warehouse

Freestanding Industrial Building For Sale

Turnkey Restaurant Opportunity

Industrial Campus with 3,000 Amp Power

New Duplex in Creekwalk

New Duplex Near UCCS

Income Property Near Memorial Hospital

Colorado Springs Multi-Family Acreage

Side-by-Side Duplex With Finished Basements

Duplex with Separate Cottage

Historic Triplex with In-Unit Laundry

Remodeled Duplex Near Broadmoor

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