Quail Lake Office
1555 Quail Lake, Colorado Springs, CO
Call to check price and availability
Well-maintained office building in Quail Lake Business Park.
Type:OFFICE
Property size:
12,699 SFLot size:
0.29 AcresPrice / SF:
$196/SF- Added:
- Nov 24, 2025
- Days on Market:
- 188
- Last Refresh:
- May 20 at 9:23 pm
Property Features for 1555 Quail Lake
General Information
- Standard status
- Active
- Size
- 12,699 SF
- Lot size
- 0.29 Acres
- Property subtype
- OFFICE
Listing agent Alex Dumas License #FA.040034163 (719) 659-1095
Listing office Olive Real Estate Partners, Inc. (719) 659-1095
Listing date Nov 24, 2025
Source Moodyscre
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 Olive Real Estate Partners, Inc.
HighLights
- Excellent owner‑user opportunity in established Quail Lake Business Park.
- Flexible design allows for office or office/warehouse use.
- Located in an Enterprise Zone with potential tax incentives.
- Convenient location with quick access to South Academy, I‑25, and the Broadmoor area.
- Two roll‑up doors can be reinstalled for warehouse access.
- Option to occupy one unit while leasing the other.
Overview
Located in the established Quail Lake Business Park, 1555 Quail Lake Loop presents an opportunity for an owner-user. This well-maintained office building has 12,699 square feet and consists of two separate condos that can function as a single-user facility. The property was originally built with a mix of office and warehouse space, but is now 100% office. The flexible design allows for reintroduction of warehouse capacity if desired. Potential uses include medical, professional office users, architectural or engineering firms, or office/warehouse. The former office/warehouse configuration allows for re-installation of overhead doors and creation of 13-14 foot clear warehouse space. There are two roll-up doors in the back that have been walled-in but could be reinstalled. The property is situated in Quail Lake Business Park with quick access to South Academy, I-25, and the Broadmoor area. Located within an Enterprise Zone, the property offers potential tax incentives for qualifying businesses. There is a flexible option to occupy one unit while leasing the other. The building has 950 Amps total power, including a 100 Amp house meter, 400 Amps to Unit 1, and 450 Amps to Unit 2. Unit 1 is 6,342 square feet and Unit 2 is 6,357 square feet.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $259.1k | $20.40 |
| − Vacancy | −$20.7k | −$1.63 |
| EGI | $238.3k | $18.77 |
| − OpEx | −$95.3k | −$7.51 |
| NOI | $143.0k | $11.26 |
12,699 SF · lease $20.40/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.04M
$1.79M – $2.38M
NOI $143,001 @ 7.0% cap · market cap 5.72%
Second Best
Office B
$1.79M
$1.56M – $2.08M
NOI $125,006 @ 7.0% cap · market cap 5.00%
Theoretical Best
Specialty Retail
$2.51M
$2.19M – $2.93M
NOI $175,551 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.808
- Latitude
- 38.7837
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Well-maintained office building in Quail Lake Business Park.
Where is this office building located?
The property is located at 1555 Quail Lake Colorado Springs, CO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Excellent owner‑user opportunity in established Quail Lake Business Park.; Flexible design allows for office or office/warehouse use.; Located in an Enterprise Zone with potential tax incentives.
