Office Warehouse Campus For
4615-4219 Foreign Trade Zone Blvd Colorado Springs, CO
4615-4219 Foreign Trade Zone Blvd, Colorado Springs, CO, 00000
Contact for pricing
For Sale
Contact for pricing
85,176 SF fully leased office warehouse campus.
Property Size85,176 SF
Lot Size6.39 Acres
Price / SF$170.18
Days on Market660
Property Features for 4615-4219 Foreign Trade Zone Blvd
General Information
- Standard status
- Active
- Size
- 85,176 SF
- Lot size
- 6.39 Acres
- Property subtype
- FLEX_R_AND_D
Listing Agency
NAI Highland, LLC
(719) 650-1332
Listed by
Randy Dowis · License #FA1157155
(719) 650-1332
Source
Moodyscre
Added: Sep 30, 2024 Updated: Jul 10 at 11:38 am Checked: Jul 19 at 4:56 am
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 is an 85,176 square foot fully leased office warehouse campus. The property is located in a fast-growing area of Colorado Springs. A national long-term credit tenant, L3 Harris, occupies the space and has made substantial improvements. The lease includes annual rent increases.
Key Highlights
- 85,176 SF Office Warehouse Campus
- Fully Leased to National Long‑Term Credit Tenant - L3 Harris
- Substantial improvements made by Tenant
Local Financial Insights For Warehouse
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 | $1.15M | $13.56 |
| − Vacancy | −$50.8k | −$0.60 |
| EGI | $1.10M | $12.96 |
| − OpEx | −$165.6k | −$1.94 |
| NOI | $938.5k | $11.02 |
85,176 SF · lease $13.56/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$13.41M
$11.73M – $15.64M
NOI $938,542 @ 7.0% cap · market cap 6.47%
Second Best
Office B
$11.98M
$10.48M – $13.97M
NOI $838,451 @ 7.0% cap · market cap 5.78%
Theoretical Best
Specialty Retail
$16.82M
$14.72M – $19.62M
NOI $1,177,473 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - 85,176 SF fully leased office warehouse campus.
Where is this flex space located?
The property is located at 4615-4219 Foreign Trade Zone Blvd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $14,495,000.
What are key features of this property?
This property features: 85,176 SF Office Warehouse Campus; Fully Leased to National Long‑Term Credit Tenant - L3 Harris; Substantial improvements made by Tenant
