Small Multi-Tenant Industrial
For Sale
Contact for pricing
Pending
3120 Beacon St, Colorado Springs, CO 80907
Fully occupied light industrial building with ten suites, private drive-in loading, and 14-foot clear height.
Property Size7,000 SF
Days on Market191
Property Features for 3120 Beacon St
General Information
Standard status
Pending
Size
7,000 SF
Property subtype
INDUSTRIAL
Zoning
LI
Occupancy
100%
Site & Location
Neighborhood
North Nevada/the Studio
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
10
Building Details
Year Built
1979
Year Renovated
2022
Buildings
1
Building Size
7,000 SF
Tenancy
Multi
Listing Agency:
NavPoint Real Estate Group
(720) 420-7530
Listed By:
Renee Newland · License #100087159
(719) 659-7762
Source:
Moodyscre
Added: Apr 23
Changed: Oct 26
Last Checked: Oct 28 at 9:13AM
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 NavPoint Real Estate Group
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Investment Insights
Based on property information with market context.
This fully occupied, small-format light industrial investment includes a 7,000 SF, multi-tenant building with 10 individual 700 SF units. Each unit has its own private 10' x 10' drive-in loading door and a dedicated bathroom, supporting tenant-specific access and operations. The property was built in 1979 and fully renovated in 2022, with brand new asphalt, a fully fenced and secured yard, and 14-foot clear height.
The building is zoned LI and is 100% leased on NNN leases with built-in rent escalations, providing a steady, contracted income profile. The property is located less than 2 minutes from the I-25/Fillmore interchange, supporting convenient access for tenants and deliveries.
The property’s small-suite configuration and on-site loading make it well suited for businesses needing dedicated space and practical day-to-day logistics within a secure, fenced yard setting.
The building is zoned LI and is 100% leased on NNN leases with built-in rent escalations, providing a steady, contracted income profile. The property is located less than 2 minutes from the I-25/Fillmore interchange, supporting convenient access for tenants and deliveries.
The property’s small-suite configuration and on-site loading make it well suited for businesses needing dedicated space and practical day-to-day logistics within a secure, fenced yard setting.
Key Highlights
- 7,000 SF multi‑tenant light industrial building with 10 suites
- Each unit has private 10' x 10' drive‑in loading door and bathroom
- Built in 1979; fully renovated in 2022 with brand new asphalt
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,132
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,542,640
$1.5M
Cap Rate 7%
$1,101,886
$1.1M
Cap Rate 9%
$857,022
$857.0K
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$94.9K $13.56/SF
− Vacancy
−$4.2K −$0.60/SF
EGI
$90.7K $12.96/SF
− OpEx
−$13.6K −$1.94/SF
NOI
$77.1K $11.02/SF
Area
Colorado Springs, CO
Vacancy
4.40%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,542,640
Cap Rate 7%
$1,101,886
Cap Rate 9%
$857,022
Alternative Uses
Best Use
Warehouse
$1.10M
$964.2K – $1.29M
NOI $77,132 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.38M
$1.21M – $1.61M
NOI $96,768 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
14 ft
Clear height
10
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
927
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80907, CO
28,806
Population
13,250
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
93%
High-School Grad
9.8 sq mi
ZIP Area
2,939
Density / Sq Mi
$71,393
Median Household Income
$41,355
Median Earnings
$1,392
Median Rent
$371,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Colorado Springs, CO
Similar Off Market Nearby
- Public Storage — 3061 Wood Ave, Colorado Springs, CO 80907
- Self-Storage at U-Haul — 3105 N Nevada Ave, Colorado Springs, CO 80907
- TMT Self Storage — 3215 Fillmore Ridge Heights, Colorado Springs, CO 80907
- Colorado Springs Self Storage - North — 330 karen ln, colorado springs, co 80907
- A Better Self Storage North Nevada — 3250 N Nevada Ave, Colorado Springs, CO 80907
Frequently Asked Questions
What type of property is this?
Warehouse - Fully occupied light industrial building with ten suites, private drive-in loading, and 14-foot clear height.
Where is this warehouse located?
The property is located at 3120 Beacon St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: 7,000 SF multi‑tenant light industrial building with 10 suites; Each unit has private 10' x 10' drive‑in loading door and bathroom; Built in 1979; fully renovated in 2022 with brand new asphalt
