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Class A Speculative Industrial Buildings
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15120 Terrazzo Dr, Colorado Springs, CO 80921

Falcon Commerce Center offers two modern industrial buildings with access along I-25 and nearby major distribution and manufacturing users.

Space SizeContact for details
Property Size249,633 SF
Days on Market563

Property Features for 15120 Terrazzo Dr

General Information

Standard status Active
Size 249,633 SF
Property subtype INDUSTRIAL
Listing Agency: NAI Highland, LLC
Listed By: Randy Dowis · License #FA1157155
Source: Moodyscre
Added: Jan 21, 2025 Changed: Jul 26 Last Checked: Aug 7 at 5:41AM

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 NAI Highland, LLC

Investment Insights

Based on property information with market context.

Falcon Commerce Center is a Class A speculative industrial development featuring two modern buildings. The property is offered for rent and is designed to support logistics and distribution operations within a contemporary industrial setting.

Located at 15120 Terrazzo Dr, Colorado Springs, the development is positioned just north of Colorado Springs and provides convenient access along I-25. Notable neighbors within the park include UPS, Budweiser, and Alpine Buick GMC. The surrounding area also includes nearby facilities such as Johnson & Johnson’s distribution center and Jabil’s manufacturing site, and the development borders the U.S. Air Force Academy on adjacent grounds.

Key Highlights

  • Falcon Commerce Center is a Class A speculative industrial development just north of Colorado Springs
  • Two modern industrial buildings within the Falcon Commerce Center development
  • Convenient access along I‑25

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Law Firm Restaurant Spa & Massage Center Real Estate Agency Building Supply Kitchen & Bath Showroom

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby
Under-served
Demand for This Use

Demographics for 80921, CO

25,158
Population
10,412
Households
2.4
Avg Household Size
41
Median Age
64%
College-Educated
98%
High-School Grad
49.0 sq mi
ZIP Area
513
Density / Sq Mi
$143,996
Median Household Income
$70,422
Median Earnings
$2,212
Median Rent
$647,600
Median Home Value

Market

Lease Benchmarks for Colorado Springs, CO

$29.23 /SF/Yr
Avg Asking Price
$10–$132 /SF/Yr
Price Range
18,141 SF
Avg Space Size

Vacancy Rate% for Industrial in Colorado Springs, CO

4.9% 2019
5.5% 2020
4.7% 2021
4.9% 2022
3.5% 2023
3.8% 2024
5.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Falcon Commerce Center offers two modern industrial buildings with access along I-25 and nearby major distribution and manufacturing users.
Where is this warehouse located?
The property is located at 15120 Terrazzo Dr Colorado Springs, CO.
What are key features of this property?
This property features: Falcon Commerce Center is a Class A speculative industrial development just north of Colorado Springs; Two modern industrial buildings within the Falcon Commerce Center development; Convenient access along I‑25
(719) 650-1332 Call to check price and availability
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