Light Industrial Building with
3512 N Tejon St. Colorado Springs, CO 80907
3512 N Tejon St., Colorado Springs, CO, 80907
Contact for pricing
For Sale
Contact for pricing
Well-maintained 20,601 sf light industrial facility with climate-controlled high-bay space and multiple drive-in doors.
Property Size20,601 SF
Price / SF$148.05
Days on Market50
Property Features for 3512 N Tejon St.
General Information
- Standard status
- Active
- Size
- 20,601 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1967
Listing agency
NAI Highland, LLC
(719) 577-0044
Listed by
John Benson · License #CO FA.100088508
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 4:00PM Checked: Jul 21 at 8:36AM
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 NAI Highland, LLC
Investment Insights
Based on property information with market context.
Built in 1967, this well-maintained light industrial building totals 20,601 square feet and includes 7,000 square feet of high-bay warehouse space. The roof was installed in 2018, with additional updates completed in 2023. Interior comfort is supported by 100% climate-controlled HVAC, served by 69.5 tons of RTU cooling capacity. The facility includes three drive-in loading doors and robust electrical service with 2,400-amp, 3-phase capacity, providing flexibility for a range of warehouse, manufacturing, and distribution needs.
The property is located at 3512 N Tejon St in Colorado Springs. It is within a North Nevada overlay district, which is designed to encourage enhanced redevelopment, improved site design, and long-term economic activity along the North Nevada corridor. The address is also within a federally designated opportunity zone, which may provide potential capital gains tax advantages for qualified investors.
For tenants and owner-users, the combination of high-bay warehouse area, climate control, multiple drive-in doors, and strong electrical capacity supports a variety of industrial operations. For investors, the location’s enterprise zone eligibility may offer potential state tax credits and incentives tied to expansion, job creation, equipment investment, and facility improvements within the zone.
The property is located at 3512 N Tejon St in Colorado Springs. It is within a North Nevada overlay district, which is designed to encourage enhanced redevelopment, improved site design, and long-term economic activity along the North Nevada corridor. The address is also within a federally designated opportunity zone, which may provide potential capital gains tax advantages for qualified investors.
For tenants and owner-users, the combination of high-bay warehouse area, climate control, multiple drive-in doors, and strong electrical capacity supports a variety of industrial operations. For investors, the location’s enterprise zone eligibility may offer potential state tax credits and incentives tied to expansion, job creation, equipment investment, and facility improvements within the zone.
Key Highlights
- 20,601 SF light industrial building built in 1967
- New roof installed in 2018, with additional updates completed in 2023
- Includes 7,000 SF+ high‑bay warehouse space with 100% climate‑controlled HVAC
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 | $279.3k | $13.56 |
| − Vacancy | −$12.3k | −$0.60 |
| EGI | $267.1k | $12.96 |
| − OpEx | −$40.1k | −$1.94 |
| NOI | $227.0k | $11.02 |
20,601 SF · lease $13.56/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.24M
$2.84M – $3.78M
NOI $226,999 @ 7.0% cap · market cap 7.44%
Second Best
Industrial
$2.67M
$2.34M – $3.12M
NOI $186,941 @ 7.0% cap · market cap 6.13%
Theoretical Best
Specialty Retail
$4.07M
$3.56M – $4.75M
NOI $284,788 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Remedy Bath Co.
(Bike/Boat/Book/etc) Store
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FAQs
What type of property is this?
Warehouse - Well-maintained 20,601 sf light industrial facility with climate-controlled high-bay space and multiple drive-in doors.
Where is this warehouse located?
The property is located at 3512 N Tejon St. Colorado Springs, CO.
What is the asking price?
The asking price for this property is $3,050,000.
What are key features of this property?
This property features: 20,601 SF light industrial building built in 1967; New roof installed in 2018, with additional updates completed in 2023; Includes 7,000 SF+ high‑bay warehouse space with 100% climate‑controlled HVAC
