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Remodeled Office Units with Fenced Yard
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123 N Union Blvd, Colorado Springs, CO 80909

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

Property Size2,113 SF
Days on Market25

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
Lease Type SF/yr

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

Fenced Yard Yes
Outdoor Storage Yes

Building Details

Year Renovated 2023
Buildings 1
Building Size 6,468 SF
Tenancy Multi
Listing Agency: Hoff & Leigh
Listed By: Brian Canady · License #ER.100022369
Source: Moodyscre
Added: Jul 8 Changed: Jul 31 Last Checked: Aug 1 at 1:59PM

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

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

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

Market

Lease Benchmarks for Colorado Springs, CO

$41.89 /SF/Yr
Avg Asking Price
$10–$445 /SF/Yr
Price Range
8,112 SF
Avg Space Size

This space is priced 60% below the average of $41.89 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Freestanding commercial building with two divided suites, a mezzanine, fenced yard, and MX-L zoning.
Where is this office units located?
The property is located at 123 N Union Blvd Colorado Springs, CO.
What is the lease rate?
The lease rate is $14.20 SF/Yr.
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
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