3505 N El Paso St, Colorado Springs, CO
10,040 SF warehouse available in Colorado Springs, CO.
- Added:
- Apr 8, 2025
- Days on Market:
- 437
- Last Refresh:
- May 20 at 8:53 pm
Property Features for 3505 N El Paso St
General Information
- Standard status
- Active
- Size
- 10,040 SF
- Lot size
- 0.62 Acres
- Property subtype
- INDUSTRIAL
Listing agent Drew Dowis (719) 447-5948
Listing office Millennium Commercial Real Estate (719) 447-5948
Listing date Apr 8, 2025
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 Millennium Commercial Real Estate
HighLights
- 10,040 SF warehouse
- Located in Colorado Springs, CO
Overview
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 | $136.1k | $13.56 |
| − Vacancy | −$6.0k | −$0.60 |
| EGI | $130.2k | $12.96 |
| − OpEx | −$19.5k | −$1.94 |
| NOI | $110.6k | $11.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.812
- Latitude
- 38.8848
