Flex Warehouse
For Sale
Contact for pricing
8955 Drennan Rd, Colorado Springs, CO 80925
Stand-alone flex warehouse includes dock-high and grade-level loading, 3-phase power, and climate-controlled space.
Property Size45,251 SF
Lot Size10.00 Acres
Price / SF$130.38
Days on Market102
Property Features for 8955 Drennan Rd
General Information
Standard status
Active
Size
45,251 SF
Lot size
10.00 Acres
Property subtype
INDUSTRIAL
Additional Details
Heavy Power
Yes
Listing Agency:
Cushman & Wakefield | Colorado Springs Commercial
(719) 330-4162
Listed By:
Aaron Horn · License #FA100007326
(719) 330-4162
Source:
Moodyscre
Added: Apr 21
Changed: Jul 28
Last Checked: Jul 31 at 12:13PM
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 Cushman & Wakefield | Colorado Springs Commercial
Investment Insights
Based on property information with market context.
8955 Drennan Road is a stand-alone flex warehouse facility positioned on a full 10-acre site. The building offers 45,251 square feet and a loading setup that includes both dock-high and grade-level bays, along with 3-phase power and climate-controlled space throughout.
The property is located in the established industrial corridor of Colorado Springs and is described as having strong regional connectivity.
Configured to accommodate a wide range of uses, the facility is identified as suitable for office, R&D, light industrial, or specialized government-oriented operations.
The property is located in the established industrial corridor of Colorado Springs and is described as having strong regional connectivity.
Configured to accommodate a wide range of uses, the facility is identified as suitable for office, R&D, light industrial, or specialized government-oriented operations.
Key Highlights
- 45,251 SF stand‑alone industrial/flex building on a full 10‑acre site in Colorado Springs’ established industrial corridor
- Loading includes both dock‑high and grade‑level doors to support flexible operations
- 3‑phase power available for industrial and light manufacturing uses
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 | $613.6k | $13.56 |
| − Vacancy | −$27.0k | −$0.60 |
| EGI | $586.6k | $12.96 |
| − OpEx | −$88.0k | −$1.94 |
| NOI | $498.6k | $11.02 |
45,251 SF · lease $13.56/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$7.12M
$6.23M – $8.31M
NOI $498,614 @ 7.0% cap · market cap 8.45%
Second Best
Flex RnD
$6.23M
$5.45M – $7.27M
NOI $435,903 @ 7.0% cap · market cap 7.39%
Theoretical Best
Specialty Retail
$8.94M
$7.82M – $10.43M
NOI $625,550 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80925, CO
15,061
Population
5,870
Households
2.6
Avg Household Size
30
Median Age
44%
College-Educated
97%
High-School Grad
28.7 sq mi
ZIP Area
525
Density / Sq Mi
$107,955
Median Household Income
$56,534
Median Earnings
$2,260
Median Rent
$441,100
Median Home Value
Market
Vacancy Rate% for Industrial in Colorado Springs, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Stand-alone flex warehouse includes dock-high and grade-level loading, 3-phase power, and climate-controlled space.
Where is this flex space located?
The property is located at 8955 Drennan Rd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: 45,251 SF stand‑alone industrial/flex building on a full 10‑acre site in Colorado Springs’ established industrial corridor; Loading includes both dock‑high and grade‑level doors to support flexible operations; 3‑phase power available for industrial and light manufacturing uses
