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    555 Middle Creek Pkwy Colorado Springs, CO 80921

    Sponsored
    For Sale
    $26,000,000

    Prestigious Office, Mountain Views, Value-Add

    Property size:
    187,373 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 187,373 square foot, five-story office building in Colorado Springs, CO, presents a unique owner-user opportunity. Located at 555 Middle Creek Pkwy, 80921, this 1989-built property offers 132,283 square feet of net rentable space, priced at $165 per square foot for a total asking price of $26,000,000. The building boasts three contiguous floors of vacant space, allowing for complete customization to suit your company's needs. Enjoy breathtaking mountain views and a prime location across I-25 from the U.S. Air Force Academy, ensuring high visibility and convenient access. Employees will appreciate the unparalleled amenities, including an on-site full-service cafe/kitchen, event and conferencing facilities, a first-class fitness center with lockers and showers, outdoor beach volleyball, and private walking trails connecting to the historic Santa Fe Trail. Situated near desirable neighborhoods, golfing communities, and premier entertainment districts at InterQuest and Polaris Pointe, this property offers a prestigious address and a highly desirable work environment. This asset is priced below replacement cost, providing significant financial advantages over new construction. The strategic location within Colorado Springs' most active submarkets makes this a compelling investment for an owner-user seeking a flexible, high-quality space.

    Property Features for 555 Middle Creek Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    187,373 SF

    Building Details

    Year Built
    1989
    Buildings
    1
    Stories
    5

    HighLights

    • $26,000,000 asking price for a value‑add owner/user opportunity.
    • 187,373 square feet, 132,283 square feet net rentable, with a price per square foot of $165.
    • Five‑story, 1989‑built office building located at 555 Middle Creek Pkwy, Colorado Springs, CO 80921.
    • Three contiguous vacant floors offering flexible design and finish options.
    • Prime location in North Colorado Springs with Interstate visibility, near the Air Force Academy, and desirable amenities including a cafe, fitness center, and outdoor recreation areas.
    Property Profile Location Intelligence

    Current Use by Public Records

    lexisnexis Corporate Office View Mortgage - Mazzy ... Mortgage Lender Confidence Financial Partners Financial Advisor Chris Abeyta Financial Planner Northwestern Mutual - Colorado ... Financial Planner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.8185582
    Latitude
    39.007316

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Office, Mountain Views, Value-Add
    Where is this office property / space located?
    The property is located at 555 Middle Creek Pkwy Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $26,000,000.
    What are key features of this property?
    This property features: $26,000,000 asking price for a value-add owner/user opportunity.; 187,373 square feet, 132,283 square feet net rentable, with a price per square foot of $165.; Five-story, 1989-built office building located at 555 Middle Creek Pkwy, Colorado Springs, CO 80921.
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    Colorado Springs, CO 80921
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    555 Middle Creek Pkwy Colorado Springs, CO 80921
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