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    8605 Explorer Dr Colorado Springs, CO 80920

    For Lease
    $15 SF/Yr

    Spacious Office Building; Flexible Lease Options

    Lot size:
    184,144 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    Located in the prestigious Briargate business campus, this exceptional two-story office building offers 184,144 square feet of space, with 32,175 square feet currently available for lease. Built in 1992, this single building sits on a generous 39.43-acre lot and is zoned MX-M. The property is ideally suited for a variety of office uses, including traditional office space and medical offices, and is particularly well-suited for a call center operation. The minimum leasable space is 4,000 square feet, with a maximum contiguous space of 32,175 square feet currently available. The building boasts a comprehensive suite of features designed for both security and efficiency, including a card access system, counter-poise lightning protection, and a life-safety systems generator. This is a rare opportunity to lease space in one of the most distinguished and prominent office buildings in the area, offering a unique blend of functionality and prestige. This is a multi-tenant building, providing a diverse and vibrant work environment. The property's location in the Colorado Springs North submarket provides excellent access to major transportation routes and amenities. This is a truly exceptional opportunity for businesses seeking high-quality office space in a prime location.

    Property Features for 8605 Explorer Dr

    General Information

    Property type
    Churches & religious facilities
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    184,144 SF
    Total Rate
    237852.67

    Building Details

    Year Built
    1992
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space
    Size
    32,175 SF
    Rate per SF
    $15

    HighLights

    • 184,144 SF office building, multi‑tenant, suitable for traditional office or medical use.
    • 32,175 SF of contiguous vacant space available, with a minimum divisible space of 4,000 SF.
    • Located on a 39.43‑acre lot in Colorado Springs North submarket.
    • Two‑story building constructed in 1992.
    • Zoned MX‑M.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotel Hotel Empire Title of Colorado ... Title Company Data Voice Options, ... Computer Consultant Enfoque a la Familia Family Counselor

    Suggested Use

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

    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
    -104.7902003
    Latitude
    38.9611367

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    FAQs

    What type of property is this?
    Church & religious facility - Spacious Office Building; Flexible Lease Options
    Where is this church & religious facility located?
    The property is located at 8605 Explorer Dr Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 184,144 SF office building, multi-tenant, suitable for traditional office or medical use.; 32,175 SF of contiguous vacant space available, with a minimum divisible space of 4,000 SF.; Located on a 39.43-acre lot in Colorado Springs North submarket.
    Request Owner's contact information
    8605 Explorer Dr Colorado Springs, CO 80920
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    Colorado Springs, CO 80920
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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
    8605 Explorer Dr Colorado Springs, CO 80920
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