415 W Bijou St, Colorado Springs, CO
Office building near I-25 and Downtown Colorado Springs.
- Added:
- Feb 18, 2025
- Days on Market:
- 475
- Last Refresh:
- May 20 at 9:52 pm
Property Features for 415 W Bijou St
General Information
- Standard status
- Active
- Size
- 3,476 SF
- Lot size
- 0.22 Acres
- Property subtype
- OFFICE
Listing agent Jason F. Kinsey (720) 280-5757
Listing office Kinsey & Company Commercial Real Estate (720) 280-5757
Listing date Feb 18, 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 Kinsey & Company Commercial Real Estate
HighLights
- Located just off I‑25 and close to Downtown Colorado Springs.
- Two buildings on the property: a main 3‑floor office building and a secondary freestanding building.
- Signage availability along W Bijou St.
- Ability to occupy as owner/user.
- Option to convert into an investment property.
- Office building.
Overview
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 | $52.1k | $15.00 |
| − Vacancy | −$6.5k | −$1.88 |
| EGI | $45.6k | $13.13 |
| − OpEx | −$11.4k | −$3.28 |
| NOI | $34.2k | $9.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.817
- Latitude
- 38.8361
