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Versatile Commercial Spaces For Lease
For Lease
$12 SF/Yr

5775 N Union Blvd, Colorado Springs, CO 80918

Exceptional commercial spaces available for lease in two well-maintained buildings.

Space SizeContact for details
Property Size15,249 SF
Lot Size1.60 Acres
Days on Market167

Property Features for 5775 N Union Blvd

General Information

Standard status Active
Size 15,249 SF
Lot size 1.60 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $30,016

Building Details

Building Size 15,249 SF
Year Built 1978
Units 2
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES SYNERGY REALTY GROUP
Listed By: Charles D'Alessio · License #40034206
Source: Elliman
Added: Mar 10 Changed: Aug 19 Last Checked: Aug 22 at 10:26AM

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 BERKSHIRE HATHAWAY HOMESERVICES SYNERGY REALTY GROUP

Investment Insights

Based on property information with market context.

Available for lease are exceptional commercial spaces in two buildings. The first building is a three-story structure with a stucco and stone façade, offering versatile office spaces on all levels. It features five HVAC units, a mini-split system, and a pool. The upper floor is available and accessible through a private entrance or the main floor. The property includes 22 parking spaces, with four ADA-compliant spaces. The second building is a two-story facility designed for flexible use. It includes multiple multipurpose rooms, two ADA-compliant restrooms, a spacious kitchen and meeting area, and expansive open-concept workspaces. The interior is finished with carpeting and luxury vinyl plank flooring. The building is equipped with four HVAC units, four furnaces, and a 50-gallon water heater. Access is convenient, with pedestrian entry points on the west, south, and east sides of the building. A total of 28 parking spaces are available on-site.

Key Highlights

  • Versatile commercial spaces available for lease in two separate buildings.
  • Ample parking: 22 spaces for the first building, 28 spaces for the second.
  • First building offers flexible office spaces across three levels with private or main access to the available upper floor.

Property Analytics

Current Use

Dynamic Physical Therapy ... Physician Renew Health Gym & Fitness Center Lindsay Nelson Physician Amara PT Physician Wagner Leadership Institute Charitable Organization

Suggested Use

Top Pick Law Firm Parking Lot & Garage Grocery & Convenience Store HVAC Service Food Market Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

710
Businesses Nearby

Demographics for 80918, CO

47,453
Population
20,447
Households
2.3
Avg Household Size
37
Median Age
38%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
3,954
Density / Sq Mi
$82,743
Median Household Income
$42,596
Median Earnings
$1,572
Median Rent
$414,400
Median Home Value

Market

Lease Benchmarks for Colorado Springs, CO

$24.53 /SF/Yr
Avg Asking Price
$10–$220 /SF/Yr
Price Range
4,405 SF
Avg Space Size

This space is priced 51% below the average of $24.53 /SF/Yr.

Vacancy Rate% for Office in Colorado Springs, CO

7.9% 2019
8.1% 2020
9.3% 2021
8.5% 2022
10.6% 2023
9.5% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Exceptional commercial spaces available for lease in two well-maintained buildings.
Where is this office units located?
The property is located at 5775 N Union Blvd Colorado Springs, CO.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Versatile commercial spaces available for lease in two separate buildings.; Ample parking: 22 spaces for the first building, 28 spaces for the second.; First building offers flexible office spaces across three levels with private or main access to the available upper floor.
More about this property
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