Class B Office
New
For Sale
Contact for pricing
2270 La Montana Way, Colorado Springs, CO 80918
21,030 SF Class B office building fully leased to two tenants with long-term lease commitments.
Property Size21,030 SF
Price / SF$207.81
Days on Market7
Property Features for 2270 La Montana Way
General Information
Standard status
Active
Size
21,030 SF
Class
B
Property subtype
OFFICE
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
Olive Real Estate Partners, Inc.
(719) 244-5182
Listed By:
Jeremy Shirley · License #Co FA.100067771
(719) 244-5182
Source:
Moodyscre
Added: Jul 25
Changed: Jul 26
Last Checked: Jul 31 at 1:42PM
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.
Investment Insights
Based on property information with market context.
2270 La Montana Way is a 21,030 SF Class B office asset that is fully leased to two tenants. The property is positioned for stabilized operations, with long-term lease commitments running through 2029 and 2035. The building is described as well maintained and has had recent capital improvements.
The property is located at 2270 La Montana Way in Colorado Springs, CO 80918, and the remarks note ample parking. Additional details on unit mix, tenant spaces, and the specific scope of improvements are not provided.
This offering presents an income-producing office building with current occupancy and no reported lease-up risk based on the provided information.
The property is located at 2270 La Montana Way in Colorado Springs, CO 80918, and the remarks note ample parking. Additional details on unit mix, tenant spaces, and the specific scope of improvements are not provided.
This offering presents an income-producing office building with current occupancy and no reported lease-up risk based on the provided information.
Key Highlights
- 21,030 SF Class B office building fully leased to two tenants
- Long‑term lease commitments through 2029 and 2035
- NOI of $327,770 for 2026
Financial Insights For Office B
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 | $461.8k | $21.96 |
| − Vacancy | −$48.0k | −$2.28 |
| EGI | $413.8k | $19.68 |
| − OpEx | −$103.4k | −$4.92 |
| NOI | $310.3k | $14.76 |
21,030 SF · lease $21.96/SF/yr · vacancy 10.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.43M
$3.88M – $5.17M
NOI $310,342 @ 7.0% cap · market cap 7.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.38M
$4.70M – $6.27M
NOI $376,255 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,090
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
Market
Vacancy Rate% for Office in Colorado Springs, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 21,030 SF Class B office building fully leased to two tenants with long-term lease commitments.
Where is this office building located?
The property is located at 2270 La Montana Way Colorado Springs, CO.
What is the asking price?
The asking price for this property is $4,370,275.
What are key features of this property?
This property features: 21,030 SF Class B office building fully leased to two tenants; Long‑term lease commitments through 2029 and 2035; NOI of $327,770 for 2026
