Automotive Flex Bay
For Sale
Contact for pricing
2235-2255 Spectra Dr, Colorado Springs, CO 80904
Private automotive bays offer finished concrete floors, a restroom, and a large 14-foot overhead door.
Property Size1,152 SF
Price / SF$347.22
Days on Market815
Property Features for 2235-2255 Spectra Dr
General Information
Standard status
Active
Size
1,152 SF
Property subtype
INDUSTRIAL
Additional Details
Business Included
No
Drive-In Doors
1
Amenities
mezzanine
stairway
finished concrete flooring
restroom
gated community
Listing Agency:
Thrive Commercial Partners
(719) 314-6833
Listed By:
Logan Harrison · License #100053803
(719) 314-6833
Source:
Moodyscre
Added: May 8, 2024
Changed: Jul 28
Last Checked: Jul 30 at 12:24PM
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 Thrive Commercial Partners
Investment Insights
Based on property information with market context.
This for-sale automotive flex suite is designed as a private bay within a dedicated automotive development. Each bay includes finished concrete flooring throughout, a spacious restroom, and a huge 14-foot overhead door for vehicle access. An optional 340-square-foot mezzanine above the garage floor is available, along with a stairway to reach the upper area.
The property is located at 2235-2255 Spectra Dr in Colorado Springs, within Colorado’s newest “My Car Barn” gated community development geared toward automotive enthusiasts.
Suites are currently offered starting at 1,152 square feet, with private-bay configurations intended to support vehicle storage and hands-on use in an organized, gated setting.
The property is located at 2235-2255 Spectra Dr in Colorado Springs, within Colorado’s newest “My Car Barn” gated community development geared toward automotive enthusiasts.
Suites are currently offered starting at 1,152 square feet, with private-bay configurations intended to support vehicle storage and hands-on use in an organized, gated setting.
Key Highlights
- Private automotive bays in Colorado’s My Car Barn development, with units starting at 1,152 SF
- Suite amenities include finished concrete flooring throughout and a spacious restroom
- Large 14‑foot overhead door for vehicle access
Financial Insights For Retail
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 | $20.7k | $18.00 |
| − Vacancy | −$933 | −$0.81 |
| EGI | $19.8k | $17.19 |
| − OpEx | −$5.9k | −$5.16 |
| NOI | $13.9k | $12.03 |
1,152 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$198.0K
$173.3K – $231.0K
NOI $13,862 @ 7.0% cap · market cap 3.47%
Second Best
Flex RnD
$158.5K
$138.7K – $185.0K
NOI $11,097 @ 7.0% cap · market cap 2.77%
Theoretical Best
Specialty Retail
$227.5K
$199.1K – $265.4K
NOI $15,925 @ 7.0% cap · market cap 3.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
398
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80904, CO
20,986
Population
11,578
Households
1.8
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
11.2 sq mi
ZIP Area
1,874
Density / Sq Mi
$69,566
Median Household Income
$44,494
Median Earnings
$1,417
Median Rent
$413,400
Median Home Value
Market
Vacancy Rate% for Industrial in Colorado Springs, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Private automotive bays offer finished concrete floors, a restroom, and a large 14-foot overhead door.
Where is this flex space located?
The property is located at 2235-2255 Spectra Dr Colorado Springs, CO.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Private automotive bays in Colorado’s My Car Barn development, with units starting at 1,152 SF; Suite amenities include finished concrete flooring throughout and a spacious restroom; Large 14‑foot overhead door for vehicle access
