Warehouse with Office and
2110 Busch Ave, Colorado Springs, CO 80904
23,000 SF flex space with warehouse and office components.
Type:Industrial
Property size:
23,000 SFLot size:
0.93 AcresPrice / SF:
$160/SF- Added:
- Mar 9, 2026
- Days on Market:
- 122
- Last Refresh:
- Jul 2 at 7:55 am
Property Features for 2110 Busch Ave
General Information
- Standard status
- Active
- Size
- 23,000 SF
- Lot size
- 0.93 Acres
- Property subtype
- Industrial
Listing office CBRE - Colorado Springs
Listing date Mar 9, 2026
Source Crexi
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 CBRE - Colorado Springs
HighLights
- Approximately 18,000 SF of warehouse space with up to 31‑foot ceiling height.
- Convenient location just south of Hwy 24 with relatively easy access to I‑25.
- Mix of warehouse and approximately 5,000 SF of office space.
- Two dock‑high doors and one drive‑in door (10’w X 14’h) for warehouse access.
- Approximately 0.93 acres of land with 20 on‑site parking stalls.
- Warehouse features include LED lighting, floor scale, gas heaters, and good insulation.
Overview
Constructed in 1984, this masonry building offers approximately 23,000 gross square feet of space on a 0.93-acre lot. The property includes 20 on-site parking stalls, supplemented by ample street parking. The layout features roughly 18,000 square feet of warehouse space, divided into three sections of approximately 9,400 SF, 6,400 SF, and 2,400 SF, alongside 5,000 square feet of office space. The warehouse area is equipped with two dock-high doors, one drive-in door measuring 10 feet wide by 14 feet high, and ceiling heights reaching up to 31 feet. It also features LED lighting, a floor scale, gas heaters, and insulation. The office section comprises large offices, a reception area, a conference room, and a break area that connects to the warehouse. The property is located south of Highway 24 and provides relatively easy access to I-25.
Local Financial Insights For Warehouse
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 | $311.9k | $13.56 |
| − Vacancy | −$13.7k | −$0.60 |
| EGI | $298.2k | $12.96 |
| − OpEx | −$44.7k | −$1.94 |
| NOI | $253.4k | $11.02 |
23,000 SF · lease $13.56/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.62M
$3.17M – $4.22M
NOI $253,434 @ 7.0% cap · market cap 6.85%
Second Best
Office B
$3.23M
$2.83M – $3.77M
NOI $226,406 @ 7.0% cap · market cap 6.12%
Theoretical Best
Specialty Retail
$4.54M
$3.97M – $5.30M
NOI $317,952 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Archery School Of the Rockies
Sports Field & Court
bowmans bowstrings
(Bike/Boat/Book/etc) Store
ASR Flying Arrow ...
Restaurant
Similar Places Nearby
- Amazing Graze Charcuterie Co — 2506 Robinson St, Colorado Springs, CO 80904
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.8601161
- Latitude
- 38.8347377
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - 23,000 SF flex space with warehouse and office components.
Where is this flex space located?
The property is located at 2110 Busch Ave Colorado Springs, CO.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Approximately 18,000 SF of warehouse space with **up to 31‑foot ceiling height**.; Convenient location just south of Hwy 24 with relatively easy access to I‑25.; Mix of warehouse and approximately 5,000 SF of office space.
