Search
Remodeled Office Units with Fenced Yard
For Lease
Contact for pricing

123 N Union Blvd, Colorado Springs, CO 80909

Freestanding commercial building with two divided suites, a mezzanine, fenced yard, and MX-L zoning.

Space Size2,113 SF
Property Size6,468 SF
Days on Market116

Property Features for 123 N Union Blvd

General Information

Standard status Active
Size 2,113 SF
Net Rentable 2,500 SF
Property subtype OFFICE
Zoning MX-L

Space & Availability

Available Space 2,500 SF
Contiguous Space 2,500 SF
Space Use Industrial

Lease Terms

Lease Rate $3,500 /USD/MO
Monthly Rent $3,500
Rent per SF/Year $16.80

Site & Location

Neighborhood Knob Hill
Fenced Yard Yes
Outdoor Storage Yes

Building Details

Year Renovated 2023
Buildings 1
Building Size 6,468 SF
Tenancy Multi

Spaces For Lease

at 123 N Union Blvd
123 N Union Boulevard $14.20/SF/Yr
Size 2,113 SF
Type OFFICE
Lease Type PLUS_UTILITIES
Availability AVAILABLE, Now
FOR LEASE OR SALE: 123 North Union is a 6,468 square feet free-standing industrial building with a fenced yard. It’s zoned MX-L. The building is in the process of being totally remodeled to a new shell condition. The entire ground floor is approximately 5,000 square feet plus there is an approximate 1,500 square feet mezzanine. As part of the remodeling, it’s been divided into 2 equally sized spaces known as Suite 100 & Suite 110. The mezzanine is intended for Suite 110. The available lease space (Suite 100 – the south suite) is $3,500 per month. Approximately ½ of the fenced yard behind the building comes as part of the lease space. The building’s roof was newly installed in 2023. There was a 10 year transferrable warranty at installation. Environmental Solutions provided a Phase 1 inspection in 2015, saying, “The assessment has revealed no evidence of a recognized environmental condition in connection with the property.” The asking sale price is $975,000. The asking lease rates is $2,500 – $3,500 a month + utilities For a private showing and all the confidential financial details, call Tim Leigh: 719-337-9551, Brian Canady: 719-433-1102 or Holly Trinidad: 719-337-0999
Contact us
Listing Agency: Hoff & Leigh
Listed By: Brian Canady · License #FA100052141
Source: Moodyscre
Added: Jul 8 Changed: Oct 25 Last Checked: Oct 30 at 5:38PM

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 Hoff & Leigh

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

123 N Union Blvd is a freestanding commercial building divided into two equally sized spaces, Suite 100 and Suite 110. The ground floor is approximately 5,000 square feet, with an approximate 1,500-square-foot mezzanine intended for Suite 110. The building is being totally remodeled to a new shell condition, and the available Suite 100 includes approximately one-half of the fenced yard behind the building.

The property is zoned MX-L and located in Colorado Springs. The roof was newly installed in 2023 and included a 10-year transferable warranty at installation. A Phase 1 inspection completed in 2015 reported no evidence of a recognized environmental condition in connection with the property.

Key Highlights

  • Two equally sized spaces identified as Suite 100 and Suite 110
  • Approximately 5,000‑square‑foot ground floor plus an approximate 1,500‑square‑foot mezzanine
  • Approximately one‑half of the fenced yard is included with Suite 100

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Floors 4 U ... General Contractor Floors 4 U Carpet & Flooring Store

Suggested Use

Top Pick Law Firm Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Catering Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Fenced yard
NNN (Triple Net)
Lease Type
$2.52 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,598
Businesses Nearby

Demographics for 80909, CO

37,302
Population
16,572
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,722
Density / Sq Mi
$61,777
Median Household Income
$36,894
Median Earnings
$1,227
Median Rent
$352,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Colorado Springs, CO

$15.81 /SF/Yr
Avg Asking Price
$10–$25.14 /SF/Yr
Price Range
3,780 SF
Avg Space Size

This space is priced 6% above the average of $15.81 /SF/Yr.

Vacancy Rate% for Office in Colorado Springs, CO

7.9% 2019
8.1% 2020
9.3% 2021
8.5% 2022
10.6% 2023
9.5% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Freestanding commercial building with two divided suites, a mezzanine, fenced yard, and MX-L zoning.
Where is this office unit located?
The property is located at 123 N Union Blvd Colorado Springs, CO.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Two equally sized spaces identified as Suite 100 and Suite 110; Approximately 5,000‑square‑foot ground floor plus an approximate 1,500‑square‑foot mezzanine; Approximately one‑half of the fenced yard is included with Suite 100
(719) 433-1102 Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved