3672 East Bijou Street, Colorado Springs, CO 80909
Clean flex-style mixed-use building plus small free-standing space on an MX-L zoned lot near Academy.
- Added:
- Feb 10, 2022
- Days on Market:
- 1588
- Last Refresh:
- Jun 16 at 2:24 am
Property Features for 3672 East Bijou Street
General Information
- Standard status
- Active
- Size
- 5,950 SF
- Lot size
- 0.62 Acres
- Property subtype
- Flex, Retail
Listing agent Tim Leigh License #ER.100022369 (719) 337-9551
Listing office Hoff & Leigh (719) 337-9551
Listing date Feb 10, 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
- Clean flex‑style, mixed‑use commercial building totaling approximately 5,000 SF
- Additional small, free‑standing building of approximately 950 SF (total approximately 5,950 SF)
- Located on a 27,000 SF MX‑L zoned lot
- Easy access to Academy
Overview
The buildings are located on a 27,000 square foot lot zoned MX-L. The location is described as having easy access to Academy, which can be helpful for day-to-day customer or employee travel depending on how the space is utilized.
This offering is available for sale or lease and may appeal to tenants or buyers looking for a straightforward flex-style setup with two distinct structures on a single lot. The MX-L zoning and mixed-use character of the property can be a practical fit for users that want the convenience of a primary building plus an additional free-standing space for storage, overflow, or a secondary function, subject to applicable zoning and lease terms.
Local Financial Insights For 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 | $107.1k | $18.00 |
| − Vacancy | −$4.8k | −$0.81 |
| EGI | $102.3k | $17.19 |
| − OpEx | −$30.7k | −$5.16 |
| NOI | $71.6k | $12.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.762836
- Latitude
- 38.83579
