Newly Constructed Office
For Sale
Contact for pricing
5030 Edison Avenue, Colorado Springs, CO 80915
Clean, modern office building near Peterson Air Force Base.
Property Size9,000 SF
Lot Size1.23 Acres
Price / SF$127.78
Days on Market2980
Property Features for 5030 Edison Avenue
General Information
Standard status
Active
Size
9,000 SF
Lot size
1.23 Acres
Property subtype
Office
Listing Agency:
Hoff & Leigh Colorado Springs
(719) 630-2277
Listed By:
Holly Trinidad · License #CO ER.100022369
Source:
Crexi
Added: Jun 5, 2018
Changed: Jul 6
Last Checked: Jul 31 at 3:34AM
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 Hoff & Leigh Colorado Springs
Investment Insights
Based on property information with market context.
This is a clean, newly constructed office building with 8,872 square feet of space, situated on 1.23 acres. The property is located in proximity to Peterson Air Force Base, near Platte and Powers. One half of the building is occupied by Sigmatech, a Department of Defense contractor. This presents an opportunity for a buyer to occupy the remaining half while collecting rent from the existing tenant, which can help offset costs. The annual taxes are $18,137, and the annual insurance is approximately $1,800.
Key Highlights
- Opportunity to occupy half of the building while collecting rent from existing tenant (Sigmatech, a DOD contractor) to offset costs.
- Significantly below replacement cost at $127.78 per square foot compared to the $150 per square foot replacement cost, offering immediate savings of $199,980.
- Newly constructed, clean office building with 8,872 square feet of space on a 1.23‑acre lot.**
Financial Insights For Office B
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 | $135.0k | $15.00 |
| − Vacancy | −$16.9k | −$1.88 |
| EGI | $118.1k | $13.13 |
| − OpEx | −$29.5k | −$3.28 |
| NOI | $88.6k | $9.84 |
9,000 SF · lease $15.00/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.27M
$1.11M – $1.48M
NOI $88,594 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.78M
$1.56M – $2.07M
NOI $124,416 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Colorado Springs, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Clean, modern office building near Peterson Air Force Base.
Where is this office building located?
The property is located at 5030 Edison Avenue Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Opportunity to occupy half of the building while collecting rent from existing tenant (Sigmatech, a DOD contractor) to offset costs.; Significantly below replacement cost at $127.78 per square foot compared to the $150 per square foot replacement cost, offering immediate savings of $199,980.; Newly constructed, clean office building with 8,872 square feet of space on a 1.23‑acre lot.**
