2510 Canada Drive, Colorado Springs, CO 80922
Fenced, controlled-access storage condos with roll-up doors, sprinkler systems, and pre-plumbing for private bathrooms.
- Added:
- Sep 1, 2022
- Days on Market:
- 1386
- Last Refresh:
- Jun 16 at 3:10 am
Property Features for 2510 Canada Drive
General Information
- Standard status
- Active
- Size
- 1,189 SF
- Property subtype
- Flex, Industrial
Properties For Sale
at 2510 Canada Drive Contact us
Listing agent Tim Leigh License #ER.100022369 (719) 337-9551
Listing office Hoff & Leigh (719) 337-9551
Listing date Sep 1, 2022
Source Hoffleigh
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 Hoff & Leigh
HighLights
- 70 storage commercial real estate condo/man‑cave units with delivery planned by year’s end
- Unit sizes range from 810 SF to 1,190 SF
- Each unit includes a 12' x 16' roll‑up door plus a 3' wide man‑door
- Built with safety and convenience: sprinkler system, gas furnace, wash sink, and pre‑plumbing for a bathroom (3 common bathrooms planned)
- High finish epoxy floors and 125 amp electric service per unit
- Entire project fenced with controlled access, with on‑site dump station and vehicle wash bay
Overview
The property is located at the intersection of Peterson and Constitution at 2510 Canada Drive in Colorado Springs. The full project is planned to be fenced with controlled access. On-site amenities include three common bathrooms, plus a dump station and a vehicle wash bay.
These units are well-suited for buyers seeking self-storage or flex-style storage space with built-in utility features such as gas heat, sprinklers, and pre-plumbing for in-unit bathrooms. The controlled-access layout and drive-up roll-up doors support day-to-day loading and unloading, while the planned dump station and vehicle wash bay add practical value for RV and other vehicle-focused storage needs.
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 | $16.1k | $13.56 |
| − Vacancy | −$709 | −$0.60 |
| EGI | $15.4k | $12.96 |
| − OpEx | −$2.3k | −$1.94 |
| NOI | $13.1k | $11.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.6999604
- Latitude
- 38.8668392
