Current Use by Public Records
- Midwest Garage Door - Colorado Springs / Building Supply / General Contractor
- Peak Home Performance / HVAC Service / General Contractor
Property Details for 1125 Newport Rd
- Year built
- 2022
- Lot size
- 2.01 lot acres
- Property type
- Warehouses
- Property subtype
- Office Spaces
Description
This exceptional 20,000-square-foot commercial property in Colorado Springs, Colorado, presents a lucrative investment opportunity. Built in 2022, this single-story building boasts a desirable blend of executive office space and warehouse functionality, currently operating at 100% occupancy. Situated on a 2.01-acre lot in the BP | CR AO Business Park (Planned District), the property offers convenient access to I-25 via Highway 24 Bypass and/or Milton E. Proby Parkway, with additional site access from Aeroplaza Drive or North Newport Road. The building features a striking metal exterior with brick accents, a 24-foot clear height ceiling, and efficient LED lighting. The warehouse component includes six dock-high doors – two 8'x10' and four 12'x14' drive-in doors – providing ample loading and unloading capabilities. Thirty parking spaces are available on-site, and a fenced yard offers additional secure storage. The property's robust infrastructure includes an 800-amp, 480-volt electrical system and a sprinkler system. The asking price is $4,300,000, representing a compelling 6.45% capitalization rate. On-building signage is available, with potential for monument signage. This property is ideal for a variety of businesses seeking a high-quality, well-located space with excellent access and ample amenities. The column spacing is 33 feet.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.728
- Latitude
- 38.815
