Property summary
This exceptional 34,200-square-foot industrial property, located at 5010 Centennial Blvd in Colorado Springs, Colorado, presents a unique investment opportunity. The single-tenant building sits on 2.16 acres of land and is zoned BP. The space is ideally suited for distribution, warehouse, or manufacturing operations, boasting a functional layout designed for efficiency. The building features a substantial 29,412 square feet (86%) of warehouse space complemented by 4,788 square feet (14%) of air-conditioned office space. The warehouse area is equipped with floor drains running the length of both the east and west sides, adding to its practicality. For added climate control, the entire building is 100% air-conditioned and includes mounted gas-fed heaters throughout the warehouse. Ample parking is provided with 80 spaces available. This prime location within El Paso County (zip code 80907) places the property in a highly sought-after submarket known for its concentration of manufacturing and technology companies. The area is home to notable corporate neighbors such as Amazon, Entegris, SRAM, GRAINGER, and Verizon, underscoring the strength and desirability of this location. This property offers a compelling combination of size, functionality, and location, making it an attractive prospect for a variety of industrial users.
Property profile
VerifiedCap rate & NOI
Current use
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Logistics Company Freight Service
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Real Estate Agency
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Auto Repair Shop Vehicle Inspection Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
PIP2 HS · Colorado Springs, COZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for PIP2 HS in Colorado Springs, CO.
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