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Industrial Flex Building with Office
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7358 COLE VW, Colorado Springs, CO 80915

5,000 SF flex building with office/showroom and clear-span warehouse space, plus three 12-foot overhead doors.

Property Size5,000 SF
Price / SF$265
Days on Market102

Property Features for 7358 COLE VW

General Information

Standard status Active
Size 5,000 SF
Total Parking Spaces 8
Property subtype Industrial

Additional Details

Heavy Power Yes

Building Details

Year Built 2017
Stories 1
Units 1
Tenancy Single
Listing Agency: eXp Realty
Listed By: lester colodny · License #IA40036159
Source: Crexi
Added: Jul 22 Changed: Oct 25 Last Checked: Oct 30 at 1:25PM

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 eXp Realty

Rey
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 industrial/flex building offers a practical mix of office and warehouse functionality, with approximately 1,500 SF of office/showroom space and about 3,500 SF of clear-span warehouse area. The layout includes an open, customer-friendly office/showroom configuration and a flexible warehouse space designed for efficient operations. The building is supported by three 12-foot overhead doors, two restrooms, and 600-amp, 3-phase electrical service.

Located at 7358 COLE VW in Colorado Springs, the property is situated within Claremont Business Park. The combination of office-ready space and clear-span warehouse area makes it well-suited for a range of industrial and service-oriented business uses that require both work and customer-facing capacity.

Key Highlights

  • 5,000 SF industrial/flex commercial building in Claremont Business Park
  • Includes approx. 1,500 SF office/showroom with open customer‑friendly layout
  • Approx. 3,500 SF clear‑span warehouse space for operational flexibility

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$55,094
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,880 $1.1M
Cap Rate 7%
$787,057 $787.1K
Cap Rate 9%
$612,156 $612.2K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$67.8K $13.56/SF
− Vacancy
−$3.0K −$0.60/SF
EGI
$64.8K $12.96/SF
− OpEx
−$9.7K −$1.94/SF
NOI
$55.1K $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%
$1,101,880
Cap Rate 7%
$787,057
Cap Rate 9%
$612,156

Alternative Uses

Best Use
Warehouse
$787.1K
$688.7K – $918.2K (±1% cap)
NOI $55,094 @ 7.0% cap · market cap 4.16%
Second Best
Flex RnD
$688.1K
$602.1K – $802.8K (±1% cap)
NOI $48,165 @ 7.0% cap · market cap 3.64%
Theoretical Best
Specialty Retail
$987.4K
$864.0K – $1.15M (±1% cap)
NOI $69,120 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Big Box & Wholesale Store Spa & Massage Center

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

Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby
Under-served
Demand for This Use

Demographics for 80915, CO

22,548
Population
9,434
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
94%
High-School Grad
7.9 sq mi
ZIP Area
2,854
Density / Sq Mi
$67,761
Median Household Income
$38,968
Median Earnings
$1,424
Median Rent
$328,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Colorado Springs, CO

4.9% 2019
5.5% 2020
4.7% 2021
4.9% 2022
3.5% 2023
3.8% 2024
5.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - 5,000 SF flex building with office/showroom and clear-span warehouse space, plus three 12-foot overhead doors.
Where is this flex space located?
The property is located at 7358 COLE VW Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 5,000 SF industrial/flex commercial building in Claremont Business Park; Includes approx. 1,500 SF office/showroom with open customer‑friendly layout; Approx. 3,500 SF clear‑span warehouse space for operational flexibility
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