3545 Spectrum Air Way, Colorado Springs, CO
Land with approved plans for a car wash facility.
- Added:
- Jun 30, 2025
- Days on Market:
- 373
- Last Refresh:
- May 20 at 8:33 pm
Property Features for 3545 Spectrum Air Way
General Information
- Standard status
- Active
- Size
- 5,200 SF
- Lot size
- 1.29 Acres
- Property subtype
- RETAIL
Listing office SRS Real Estate Partners | Denver (210) 303-3149
Listing date Jun 30, 2025
Source Moodyscre
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 SRS Real Estate Partners | Denver
HighLights
- Land sold with approved plans for a 150’ tunnel car wash facility with 31 vacuums.
- High visibility location at the signalized hard corner of Milton Proby and Spectrum Air.
- Combined traffic count of 66,732 VPD at the intersection.
- Direct access with RI/RO to the site.
- Visibility to the signalized hard corner of Powers and Milton Proby, the main entrance to Colorado Springs Airport.
- Adjacent to Maverik and a 49‑acre multifamily development.
Overview
Local Financial Insights For Specialty Retail
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 | $99.8k | $19.20 |
| − Vacancy | −$4.0k | −$0.77 |
| EGI | $95.8k | $18.43 |
| − OpEx | −$24.0k | −$4.61 |
| NOI | $71.9k | $13.82 |
Alternative Uses
Current Use by Public Records
Map
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.857
- Latitude
- 38.9944
