Industrial Outdoor Storage
For Sale
$3,204,000
777 Conrad St, Colorado Springs, CO 80915
Fee-simple interest in a net-leased outdoor storage and CDL training facility with 100% occupancy under an existing lease.
Property Size3,600 SF
Lot Size3.61 Acres
Price / SF$890
Days on Market35
Property Features for 777 Conrad St
General Information
Standard status
Active
Size
3,600 SF
Lot size
3.61 Acres
Property subtype
Net Lease
Occupancy
100%
Financials
Cap Rate
6.75%
Business Included
Yes
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Building Details
Year Built
1998
Tenancy
Single
Listing Agency:
Denver Office
(303) 328-2019
Listed By:
Cory Gross · License #License(s): CO: FA100038277
(303) 328-2019
Source:
Marcusmillichap
Added: Jun 28
Changed: Jul 10
Last Checked: Aug 1 at 2:18AM
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 Denver Office
Investment Insights
Based on property information with market context.
Fee-simple interest is offered in a net-leased Industrial Outdoor Storage (IOS) and CDL training facility. The property is currently operated as an outdoor storage and training site and is held for sale with the existing lease in place. The asset is 100% occupied by The CDL Schools LLC, a national CDL training operator.
The facility is located at 777 Conrad Street in Colorado Springs, positioned at the nexus of North Powers Boulevard and Highway 24. The site is described as being in Colorado Springs’ busiest retail and commercial corridor, supporting strong visibility and straightforward regional accessibility.
For buyers seeking a stabilized industrial outdoor storage and training-use asset, this offering provides an income-generating position with occupancy already in place. The property is covered by a fully executed five-year lease, with a five-year renewal option. That structure may appeal to operators and investors looking for continuity of use within an industrial outdoor storage and CDL training environment.
The facility is located at 777 Conrad Street in Colorado Springs, positioned at the nexus of North Powers Boulevard and Highway 24. The site is described as being in Colorado Springs’ busiest retail and commercial corridor, supporting strong visibility and straightforward regional accessibility.
For buyers seeking a stabilized industrial outdoor storage and training-use asset, this offering provides an income-generating position with occupancy already in place. The property is covered by a fully executed five-year lease, with a five-year renewal option. That structure may appeal to operators and investors looking for continuity of use within an industrial outdoor storage and CDL training environment.
Key Highlights
- Fee‑simple interest in a net‑leased industrial outdoor storage (IOS) / CDL training facility
- 100% occupied by The CDL Schools LLC under a fully executed five‑year lease with a five‑year renewal option
- Located at 777 Conrad Street, Colorado Springs, CO 80915, at the nexus of North Powers Boulevard and Highway 24
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80915, CO
22,548
Population
9,434
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
94%
High-School Grad
7.9 sq mi
ZIP Area
2,854
Density / Sq Mi
$67,761
Median Household Income
$38,968
Median Earnings
$1,424
Median Rent
$328,200
Median Home Value
Market
Properties on Market for Warehouses in Colorado Springs
Vacancy Rate% for Industrial in Colorado Springs, CO
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Frequently Asked Questions
What type of property is this?
Warehouse - Fee-simple interest in a net-leased outdoor storage and CDL training facility with 100% occupancy under an existing lease.
Where is this warehouse located?
The property is located at 777 Conrad St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $3,204,000.
What are key features of this property?
This property features: Fee‑simple interest in a net‑leased industrial outdoor storage (IOS) / CDL training facility; 100% occupied by The CDL Schools LLC under a fully executed five‑year lease with a five‑year renewal option; Located at 777 Conrad Street, Colorado Springs, CO 80915, at the nexus of North Powers Boulevard and Highway 24
