4615-4619 Foreign Trade Zone Blvd Colorado Springs, CO 80925
85,176 SF office warehouse campus in Colorado Springs.
Property Features for 4615-4619 Foreign Trade Zone Blvd
General Information
- Standard status
- Active
- Size
- 85,176 SF
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 1986
Listing office NAI Highland, LLC (719) 577-0044
Listing date Oct 1, 2024
Source Crexi
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.
Key Highlights
- 85,176 SF Fully Leased Office Warehouse Campus
- National Long‑Term Credit Tenant - L3 Harris
- Substantial improvements made by Tenant
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 | $1.15M | $13.56 |
| − Vacancy | −$50.8k | −$0.60 |
| EGI | $1.10M | $12.96 |
| − OpEx | −$165.6k | −$1.94 |
| NOI | $938.5k | $11.02 |