Flex Industrial Building with
3420 N Chelton Loop Colorado Springs, CO 80909
3420 N Chelton Loop, Colorado Springs, CO, 80909
Contact for pricing
For Sale
Contact for pricing
Flex-style industrial building with demising wall, multi-sided offices and restrooms, and both dock-high and grade-level loading.
Property Size9,200 SF
Price / SF$201.09
Days on Market182
Property Features for 3420 N Chelton Loop
General Information
- Standard status
- Active
- Size
- 9,200 SF
- Property subtype
- INDUSTRIAL
Listing Agency
Cushman & Wakefield | Colorado Springs Commercial
(719) 330-4162
Listed by
Aaron Horn · License #FA100007326
(719) 330-4162
Source
Moodyscre
Added: Jan 20 Updated: Jul 20 at 5:02 pm Checked: Jul 20 at 5:02 pm
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.
3420 N Chelton Loop is a highly functional, flexible owner-user industrial building featuring a layout designed to support single-tenant or multi-tenant use. A demising wall is already in place, and the building includes office areas, restrooms, and access points serving both sides. Warehouse operations are supported by approximately 18 feet of clear height and multiple overhead doors, including dock-high and grade-level loading.
The property also includes a load-bearing mezzanine storage area above the office, with the mezzanine described as not included in the building square footage. This provides additional storage capacity while preserving primary warehouse floor space.
Overall, the building’s combination of flexible division, warehousing height, and loading configuration supports a variety of industrial and light distribution needs within one facility.
The property also includes a load-bearing mezzanine storage area above the office, with the mezzanine described as not included in the building square footage. This provides additional storage capacity while preserving primary warehouse floor space.
Overall, the building’s combination of flexible division, warehousing height, and loading configuration supports a variety of industrial and light distribution needs within one facility.
Key Highlights
- ±1,200 SF flex‑style industrial building configured for single‑user or multi‑tenant use, with a demising wall in place
- Office and restrooms plus access points serve both sides of the building, supporting an owner/tenant split
- Warehouse has approximately 18' clear height and multiple overhead doors
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 | $124.8k | $13.56 |
| − Vacancy | −$5.5k | −$0.60 |
| EGI | $119.3k | $12.96 |
| − OpEx | −$17.9k | −$1.94 |
| NOI | $101.4k | $11.02 |
9,200 SF · lease $13.56/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.45M
$1.27M – $1.69M
NOI $101,373 @ 7.0% cap · market cap 5.48%
Second Best
Office B
$1.29M
$1.13M – $1.51M
NOI $90,563 @ 7.0% cap · market cap 4.90%
Theoretical Best
Specialty Retail
$1.82M
$1.59M – $2.12M
NOI $127,181 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
3D Offroad
Auto Repair Shop
Rhino Linings of Colorado ...
Auto Parts Store
Accounting Service & Solutions
Accounting Firm
Similar For Sale Nearby
Similar Off Market Nearby
- Woodys Backyard Grill — 517 Potter Cir, Colorado Springs, CO 80909
FAQs
What type of property is this?
Flex space - Flex-style industrial building with demising wall, multi-sided offices and restrooms, and both dock-high and grade-level loading.
Where is this flex space located?
The property is located at 3420 N Chelton Loop Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: ±1,200 SF flex‑style industrial building configured for single‑user or multi‑tenant use, with a demising wall in place; Office and restrooms plus access points serve both sides of the building, supporting an owner/tenant split; Warehouse has approximately 18' clear height and multiple overhead doors
