1420-1460 Aviation Way Colorado Springs, CO 80916
- Warehouses
- 20,922 SF
- 1.63 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1420-1460 Aviation Way
- Year built
- 1977
- Lot size
- 1.63 lot acres
- Property size
- 20,922 SF
- Property type
- Warehouses
- Property subtype
- Office Properties & Spaces
Description
This exceptional Colorado Springs investment opportunity encompasses a 20,922-square-foot building situated on a 1.63-acre lot at 1420-1460 Aviation Way, zip code 80916. The property, built in 1977, is a single-story structure offering a blend of executive office and warehouse space, perfectly suited for an owner-user. The asking price is $3,603,228, translating to $172 per square foot. The building features five dock-high doors and boasts an impressive 18-foot ceiling height. Ample parking is provided, with a ratio of 1.47 spaces per 1,000 square feet. The property is zoned BP | CR AO and benefits from excellent access to Aviation Way and Vapor Trail. Building signage is subject to landlord approval. The lease type is NNN (Triple Net), with a multi-tenant occupancy. This versatile property presents a compelling opportunity for businesses seeking a combination of office and warehouse space in a prime Colorado Springs location. The estimated triple net rent is $4.46 per square foot, and the estimated asking lease rate is $11.75 per square foot, NNN.
Value Estimation
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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
- -104.724
- Latitude
- 38.8106
