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    Property profile & analytics
    OFF-MARKET Estimated value $1,285,000
    Life science properties

    1915 Aerotech Dr, Colorado Springs, CO 80916-4219

    37,982 SF 6.96 ac lot Built 1985
    Entity Owned 11-yr Hold Free & Clear
    Property ID
    US13-2818047
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 75,964 square foot, two-building office complex in Colorado Springs, Colorado. Currently 100% occupied by eight tenants, including a significant presence of government and aerospace & defense contractors, this stabilized asset offers a compelling 9.00% cap rate. The property, built in 1985, features high-quality construction, flexible floor plates, and ample parking (5.17 spaces per 1,000 sq ft). Situated on a 6.95-acre lot, the single-story buildings boast a prime location near Peterson Space Force Base, providing unparalleled access to major military installations and a robust, growing local economy. The property benefits from a strong tenant roster with credit-rated tenants and a NNN lease structure, minimizing landlord responsibilities. This offering represents a rare chance to acquire a durable cash flow stream with significant upside potential in a highly desirable location, characterized by a lack of comparable available space and strong submarket fundamentals. The property's strategic location within the second-largest aerospace economy in the nation, coupled with Colorado Springs' diversified and expanding economy, ensures long-term value and growth. The asking price is $15,000,000. This is a fee-simple sale.

    Property profile
    Verified
    Property type Life science properties
    Use group R&D FACILITY, LABS, PHARMA
    Year built 1985
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 37,982 SF
    Lot 6.96 ac (303,178 SF)
    Zoning code PIP2/CR AO
    APN 6425004002
    UPID US13-2818047
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Keystone Achievements Crisis Center Medical Clinic
    • Special Kids Special Families Foster Care Foster Care Service Social Service Agency
    • Steven A. Cohen Military Family Clinic at Red Rock in Colorado Springs Medical Clinic
    • MITRE Charitable Organization Social Service Agency
    • Special Kids Special Families Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.29M
    Owner & transaction history
    B H Commercial Portfolio LLC · 11 yrs held
    B H Commercial Portfolio LLC
    since 2015
    6 recorded transactions
    2018
    2016
    2015
    $1.9M
    2013
    2006
    $8.6M
    1969
    Zoning & alternative use
    PIP2/CR AO · Colorado Springs, CO
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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