Aeroplaza Drive Warehouse For
855 Aeroplaza Dr Colorado Springs, CO 80916
855 Aeroplaza Dr, Colorado Springs, CO, 80916
Contact for pricing
For Sale
Contact for pricing
Warehouse property available for sale in Colorado Springs.
Property Size50,146 SF
Price / SF$126.53
Days on Market3288
Property Features for 855 Aeroplaza Dr
General Information
- Standard status
- Active
- Size
- 50,146 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1980
Listing Agency
NAI Highland, LLC
(719) 577-0044
Listed by
Randy Dowis · License #CO FA1157155
Source
Crexi
Added: Jul 21, 2017 Updated: Jul 6 at 8:17 am Checked: Jul 20 at 3:29 am
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 NAI Highland, LLC
Investment Insights
Based on property information with market context.
This commercial real estate offering consists of a warehouse property with a size of 50146 square feet. The property is located on Aeroplaza Dr in Colorado Springs, CO. It is intended for sale.
Key Highlights
- YearBuilt: 1980
Local 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 | $680.0k | $13.56 |
| − Vacancy | −$27.2k | −$0.54 |
| EGI | $652.8k | $13.02 |
| − OpEx | −$97.9k | −$1.95 |
| NOI | $554.9k | $11.06 |
50,146 SF · lease $13.56/SF/yr · vacancy 4.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$7.93M
$6.94M – $9.25M
NOI $554,863 @ 7.0% cap · market cap 8.74%
Second Best
Industrial
$6.53M
$5.71M – $7.62M
NOI $456,946 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$11.65M
$10.19M – $13.59M
NOI $815,225 @ 7.0% cap · market cap 12.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
School
College
Gustave A Larson Company
Big Box & Wholesale Store
Wayne Dalton Sales ...
Building Supply
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- Alliance Relocation Services — 1460 Newport Rd, Colorado Springs, CO 80916
- Five Star Aviation — 1360 Aviation Way, Colorado Springs, CO 80916
FAQs
What type of property is this?
Warehouse - Warehouse property available for sale in Colorado Springs.
Where is this warehouse located?
The property is located at 855 Aeroplaza Dr Colorado Springs, CO.
What is the asking price?
The asking price for this property is $6,345,000.
What are key features of this property?
This property features: YearBuilt: 1980
