1440 Pando Ave Colorado Springs, CO 80905-2846
This single-tenant, Class C industrial warehouse offers 16,426 square feet of space, divisible to 8,213 square feet. Located in a central industrial area off Lake Avenue and I-25, this property boasts an outstanding location for business establishment. The building features one story, M1 Light Industrial zoning, and two 12-foot overhead doors, providing ample access for loading and unloading. The rental rate is $9.50 per square foot, plus estimated NNN expenses of $2.55 per square foot. This expansive warehouse is perfect for businesses needing significant storage and distribution capabilities. Its strategic location offers easy access to major transportation routes, enhancing logistical efficiency. The property's single-tenant occupancy provides a streamlined operational environment. The divisible space allows for flexibility to accommodate businesses of varying sizes. This presents a compelling opportunity for companies seeking a well-situated, functional warehouse in a thriving industrial zone. The combination of size, location, and accessibility makes this property an attractive investment for businesses seeking to establish or expand their operations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · Colorado Springs, COColorado Springs. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.