Industrial Warehouse with Grade-Level
3970 E Bijou St, Colorado Springs, CO 80909
For Sale
New
$4,800,000
Renovated three-unit facility combines warehouse and office areas with on-site outdoor storage.
Property Size29,349 SF
Lot Size3.30 Acres
Price / SF$163.55
Days on Market7
Property Features for 3970 E Bijou St
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Outdoor Storage
Warehouse & Industrial
Clear Height
Dock-High Doors
Drive-In Doors
Additional Details
Tenant in Place
Property Use
Amenities
29,349 SF Building on 3.3 Acres
20,126 SF Immediately Available for Owner Occupancy
Fully Renovated in 2026: Roof, Parking and Building Systems
15'6? Clear Height, Five Grade-Level Doors and One Dock-High Door
Existing Tenant Income to Offset Ownership Costs
Building Details
Building Size
Year Built
Year Renovated
Buildings
Construction
Listing Agency:
Marcus & Millichap - Denver
Listed By:
Max Rist
(303) 328-2042
Source:
Marcusmillichap
Added: Nov 8
Changed: Nov 13
Last Checked: Nov 12 at 7:49AM
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 Marcus & Millichap - Denver
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 29,349-square-foot industrial property has concrete masonry construction and three units. Renovations completed in 2026 include white-box warehouse areas, updated offices, LED lighting and a new roof with a 15-year warranty. Loading is provided by five 9-foot-by-9-foot grade-level doors and one dock-high door; clear height is 15 feet 6 inches. The 3.3-acre site includes resurfaced wraparound parking, vehicle circulation and outdoor storage space.
Units 110 and 120 comprise 20,126 square feet available for owner occupancy. Faultless Laundry occupies Unit 100, providing existing tenant income. The property is located on East Bijou Street in Colorado Springs.
Units 110 and 120 comprise 20,126 square feet available for owner occupancy. Faultless Laundry occupies Unit 100, providing existing tenant income. The property is located on East Bijou Street in Colorado Springs.
Key Highlights
- 29,349‑square‑foot industrial building on 3.3 acres
- Three units, with 20,126 square feet in Units 110 and 120 available for owner occupancy
- Five 9' x 9' grade‑level doors and one dock‑high door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$323,392
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,467,840
$6.5M
Cap Rate 7%
$4,619,886
$4.6M
Cap Rate 9%
$3,593,244
$3.6M
Market Conditions
NOI Build-Up for 29,349 SF
Gross rent
$398.0K $13.56/SF
− Vacancy
−$17.5K −$0.60/SF
EGI
$380.5K $12.96/SF
− OpEx
−$57.1K −$1.94/SF
NOI
$323.4K $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%
$6,467,840
Cap Rate 7%
$4,619,886
Cap Rate 9%
$3,593,244
Alternative Uses
Best Use
Warehouse
$4.62M
$4.04M – $5.39M
NOI $323,392 @ 7.0% cap · market cap 6.74%
Second Best
Industrial
$3.80M
$3.33M – $4.44M
NOI $266,323 @ 7.0% cap · market cap 5.55%
Theoretical Best
Specialty Retail
$5.80M
$5.07M – $6.76M
NOI $405,721 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
15 ft
Clear height
1
Dock-high doors
5
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,014
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80909, CO
37,302
Population
16,572
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,722
Density / Sq Mi
$61,777
Median Household Income
$36,894
Median Earnings
$1,227
Median Rent
$352,400
Median Home Value
Market
Properties on Market for Warehouses in Colorado Springs
Vacancy Rate% for Industrial in Colorado Springs, CO
Similar Off Market Nearby
- Public Storage — 3760 E Pikes Peak Ave, Colorado Springs, CO 80909
- Public Storage — 3775 E Pikes Peak Ave, Colorado Springs, CO 80909
- Storage Seeker — 3979 E Bijou St, Colorado Springs, CO 80909
- Citadel Self Storage LLC — 3979 E Bijou St, Colorado Springs, CO 80909
- Public Storage — 4355 E Pikes Peak Ave, Colorado Springs, CO 80909
Frequently Asked Questions
What type of property is this?
Warehouse - Renovated three-unit facility combines warehouse and office areas with on-site outdoor storage.
Where is this warehouse located?
The property is located at 3970 E Bijou St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 29,349‑square‑foot industrial building on 3.3 acres; Three units, with 20,126 square feet in Units 110 and 120 available for owner occupancy; Five 9' x 9' grade‑level doors and one dock‑high door
