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Class A Flex Portfolio
For Sale
Contact for pricing
Pending

9950 Federal Dr, Colorado Springs, CO 80921

Two single-story buildings support technology, healthcare, and research and development occupancy.

Property Size116,170 SF
Days on Market143

Property Features for 9950 Federal Dr

General Information

Standard status Pending
Size 116,170 SF
Class Class A
Property subtype Special Purpose
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Buildings 2
Stories 1
Building Size 116,170 SF
Tenancy Multi
Abandoned No
Listing Agency: Cushman & Wakefield - Denver, Colorado
Listed By: Jon Hendrickson · License #CO FA.040045786
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:15PM

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 Cushman & Wakefield - Denver, Colorado

Investment Insights

Based on property information with market context.

This Class A flex portfolio comprises two single-story buildings totaling 116,170 square feet. The properties are fully leased to technology and healthcare tenants, with more than five years of weighted average lease term remaining. The portfolio is positioned for research and development, office, and medical-related occupancy, with potential to add medical users in response to existing tenant demand.

The buildings sit in Interquest Business Park at Interstate 25 and Interquest Parkway in northern Colorado Springs. Interstate 25 carries more than 136,000 vehicles per day, while the property offers views of Pikes Peak and the Front Range. CommonSpirit Health’s Penrose third campus directly adjoins the portfolio; its $150 million hospital opened in 2023 and focuses on spine and orthopedic care. The site is approximately ten minutes from Downtown Colorado Springs and thirty minutes from Metro Denver.

Key Highlights

  • 116,170‑square‑foot portfolio spanning two single‑story flex buildings
  • 100% leased to technology and healthcare tenants
  • More than five years of weighted average lease term remaining

Property Analytics

Current Use

Western Digital Computer Hardware Manufacturer Data Direct Networks Corporate Office

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Parking Lot & Garage Storage Facility Plumbing Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

316
Businesses Nearby
Well-served
Demand for This Use

Demographics for 80921, CO

25,158
Population
10,412
Households
2.4
Avg Household Size
41
Median Age
64%
College-Educated
98%
High-School Grad
49.0 sq mi
ZIP Area
513
Density / Sq Mi
$143,996
Median Household Income
$70,422
Median Earnings
$2,212
Median Rent
$647,600
Median Home Value

Market

Vacancy Rate% for Office in Colorado Springs, CO

7.9% 2019
8.1% 2020
9.3% 2021
8.5% 2022
10.6% 2023
9.5% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two single-story buildings support technology, healthcare, and research and development occupancy.
Where is this flex space located?
The property is located at 9950 Federal Dr Colorado Springs, CO.
What are key features of this property?
This property features: 116,170‑square‑foot portfolio spanning two single‑story flex buildings; 100% leased to technology and healthcare tenants; More than five years of weighted average lease term remaining
More about this property
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