Property profile

5475 Tech Center Dr Colorado Springs, CO 80919

FOR LEASE
Office buildings
Property ID
US13-0328078
55,711 SF 2.79 ac lot Built 1984
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Tech Center V offers exceptional Class A office space in the heart of Colorado Springs' Tech Center Office Park. This highly visible, three-story building boasts a total of 53,901 square feet and is currently offering multiple tenancy options ranging from 979 to 5,671 square feet. The building is a prominent landmark, enjoying unparalleled visibility from Interstate 25, making it an ideal location for businesses seeking high brand recognition. Amenities include a generous parking ratio of 3.5 spaces per 1,000 square feet, with covered parking available for added convenience. Recently renovated common areas enhance the professional atmosphere. Its central location provides easy access to all areas of the city, ensuring convenient commutes for employees and clients alike. The building's competitive lease rates make it a compelling option for businesses of all sizes seeking a prestigious and functional workspace in a thriving Colorado Springs location. This single building property offers a unique opportunity to establish a strong presence in a highly sought-after area. Contact us today to learn more about available spaces and lease terms.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Construction WOOD FRAME
Total area 55,711 SF
Lot 2.79 ac (121,532 SF)
Zoning code OC UV HS
APN 6319203001
UPID US13-0328078

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Real Estate Agency
  • Real Estate Agency
  • College Adult Education School
  • Real Estate Agency

Location

5475 Tech Center Dr Colorado Springs, CO 80919
Colorado Springs metro Census 3711 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.55M
CAP Approach CAP
$9.00M
Comparable Approach Comparable
$9.73M
Blend (final) Blend
$8.79M

Owner & transaction history

since 2020
Last sale
$7.9M
4 recorded transactions
2020
$7.9M
2004
$6.3M
2001
$6.2M
1969
Price N/A

Zoning & alternative use

OC UV HS · Colorado Springs, CO
Top alternative use upside
Auto repair, garage $13.7M +39.8%
Medical building $13.4M +36.6%
Retail stores $11.7M +19.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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