5110-5140 Edison Ave Colorado Springs, CO 80915
- Office Properties & Spaces
- 42,484 SF
- 3.26 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 5110-5140 Edison Ave
- Year built
- 2012
- Lot size
- 3.26 lot acres
- Property size
- 42,484 SF
- Property type
- Office Properties & Spaces
Description
This exceptional three-story, Class B executive office building, located at 5110-5140 Edison Ave, Colorado Springs, CO 80915, offers a compelling investment opportunity. The 42,484 square foot building, constructed in 2012, sits on a 3.26-acre lot and boasts a desirable location near Colorado Springs Airport and Peterson Space Force Base. Currently, a portion of the building is occupied by Farm Credit of Southern Colorado, and a significant portion (9,866 square feet) is leased to a Department of Defense tenant, Sev1Tech, under a long-term lease. This provides immediate, stable income for an owner-user or investor. The property is beautifully finished and well-maintained, presenting a strong value proposition. The asking price is $7,750,000, translating to $182.42 per square foot. Zoning permits include BU, CU, AO, APZ1, and APZ2. An adjacent one-acre vacant industrial land parcel is included in the sale. Seller financing options are available, and the seller may consider a shorter-term leaseback arrangement. This presents a rare opportunity to acquire a high-quality office building in a thriving market with existing income and significant upside potential. The building is situated in El Paso County and features one building with three stories.
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
- -104.732
- Latitude
- 38.8403
