Two-Building Industrial Flex
2275 Busch Avenue Colorado Springs, CO 80904
2275 Busch Avenue, Colorado Springs, CO, 80904
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For Sale
Contact for pricing
Two modern industrial buildings totaling about 10,000 square feet were built in 2004 and are split into two ~5,000-square-foot units.
Property Size10,000 SF
Price / SF$280
Days on Market177
Property Features for 2275 Busch Avenue
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- INDUSTRIAL
Properties For Sale
at 2275 Busch Avenue Contact us
Listing agency
Cushman & Wakefield | Colorado Springs Commercial
(719) 330-4162
Listed by
Aaron Horn · License #FA100007326
(719) 330-4162
Source
Moodyscre
Added: Jan 26 Updated: Jul 22 at 5:08PM Checked: Jul 22 at 5:08PM
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 Cushman & Wakefield | Colorado Springs Commercial
Investment Insights
Based on property information with market context.
2235–2255 Spectra Drive offers a functional industrial/flex setup with two well-maintained buildings totaling approximately 10,000 square feet. Each building is approximately 5,000 square feet, providing a straightforward split between the structures.
The improvements were constructed in 2004 and reflect a more contemporary industrial design. The property is well suited for an owner-user or an investor seeking a manageable two-building footprint.
For sale, this asset presents an uncomplicated configuration for occupying one building while retaining the other, or for consolidating operations across both buildings under a single ownership structure.
The improvements were constructed in 2004 and reflect a more contemporary industrial design. The property is well suited for an owner-user or an investor seeking a manageable two-building footprint.
For sale, this asset presents an uncomplicated configuration for occupying one building while retaining the other, or for consolidating operations across both buildings under a single ownership structure.
Key Highlights
- Two modern industrial buildings totaling about 10,000 SF
- Buildings split into two units, each about 5,000 SF
- Constructed in 2004
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 | $135.6k | $13.56 |
| − Vacancy | −$6.0k | −$0.60 |
| EGI | $129.6k | $12.96 |
| − OpEx | −$19.4k | −$1.94 |
| NOI | $110.2k | $11.02 |
10,000 SF · lease $13.56/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.57M
$1.38M – $1.84M
NOI $110,189 @ 7.0% cap · market cap 3.94%
Second Best
Flex RnD
$1.38M
$1.20M – $1.61M
NOI $96,330 @ 7.0% cap · market cap 3.44%
Theoretical Best
Specialty Retail
$1.97M
$1.73M – $2.30M
NOI $138,240 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Amazing Graze Charcuterie Co — 2506 Robinson St, Colorado Springs, CO 80904
FAQs
What type of property is this?
Flex space - Two modern industrial buildings totaling about 10,000 square feet were built in 2004 and are split into two ~5,000-square-foot units.
Where is this flex space located?
The property is located at 2275 Busch Avenue Colorado Springs, CO.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Two modern industrial buildings totaling about 10,000 SF; Buildings split into two units, each about 5,000 SF; Constructed in 2004
