Two-Story Office
For Lease
Contact for pricing
4615 Northpark Dr, Colorado Springs, CO 80918
M1-zoned office property with multiple suites, private offices, conference areas, and open workspace.
Space Size1,450 SF
Property Size13,992 SF
Lot Size1.37 Acres
Days on Market1486
Property Features for 4615 Northpark Dr
General Information
Standard status
Active
Size
1,450 SF
Lot size
1.37 Acres
Property subtype
OFFICE
Zoning
M1
Building Details
Year Built
1970
Stories
2
Building Size
13,992 SF
Construction
concrete tilt-up
Spaces For Lease
at 4615 Northpark Dr
4615 Northpark Drive
$14.48/SF/Yr
Floor
2
Size
1,450 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
4615 Northpark Drive is a 13,992 SF, two story concrete tilt-up, M1 zoned industrial building located on a 59,525 SF lot which was originally constructed in 1970. It has since received a new roof and most of the RTU’s have been replaced. The building produces approximately $6,000 per month in gross income from the 2nd floor month-to-month leases. The annual property insurance has been around $2,100 and the annual property tax is estimated to be around $16,000. The main level has 2 suites (101 and 102). Suite 101 is 1,250 SF (reception, conference, and 4 private offices). Suite 102 is approximately 5,000 SF (reception area, conference, storage, 4 private offices plus approximately 3,200 SF of open area). The 2nd floor has 6 separate rental suites. The asking sale price (a bargain in today’s inflationary market) is $2,650,000 which is $189 per square foot.
Comparable “pure industrial” buildings with more restrictive industrial zoning are selling for prices exceeding $200 - $250 per square foot.
Contact us
Listing Agency:
Hoff & Leigh
(719) 630-2277
Listed By:
Tim Leigh · License #EA314631
(719) 337-9551
Source:
Moodyscre
Added: Sep 22, 2022
Changed: Oct 3
Last Checked: Oct 16 at 10:44AM
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
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.
The St James Building is a two-story concrete tilt-up office property at 4615 Northpark Dr. The 59,525-square-foot site supports a building originally constructed in 1970, with a newer roof and replacement of most rooftop units. M1 zoning is in place.
The main level is arranged into two suites. Suite 101 includes a reception area, conference room, and four private offices, while Suite 102 provides reception, conference, storage, four private offices, and approximately 3,200 square feet of open area. Six separate rental suites occupy the second floor, providing a multi-suite configuration with month-to-month occupancy in those spaces.
The main level is arranged into two suites. Suite 101 includes a reception area, conference room, and four private offices, while Suite 102 provides reception, conference, storage, four private offices, and approximately 3,200 square feet of open area. Six separate rental suites occupy the second floor, providing a multi-suite configuration with month-to-month occupancy in those spaces.
Key Highlights
- M1‑zoned office property on a 59,525‑square‑foot lot
- Two‑story concrete tilt‑up construction, originally built in 1970
- New roof and replacement of most RTUs
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.17 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,105
Businesses Nearby
Explore this area
Business Placement
Demographics for 80918, CO
47,453
Population
20,447
Households
2.3
Avg Household Size
37
Median Age
38%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
3,954
Density / Sq Mi
$82,743
Median Household Income
$42,596
Median Earnings
$1,572
Median Rent
$414,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Colorado Springs, CO
Frequently Asked Questions
What type of property is this?
Office building - M1-zoned office property with multiple suites, private offices, conference areas, and open workspace.
Where is this office building located?
The property is located at 4615 Northpark Dr Colorado Springs, CO.
What is the lease rate?
The lease rate is $14.48 SF/Yr.
What are key features of this property?
This property features: M1‑zoned office property on a 59,525‑square‑foot lot; Two‑story concrete tilt‑up construction, originally built in 1970; New roof and replacement of most RTUs
