For Lease
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Property summary
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
VerifiedCap rate & NOI
Current use
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Crisis Center Medical Clinic
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Foster Care Service Social Service Agency
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Medical Clinic
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Charitable Organization Social Service Agency
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Social Service Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
PIP2/CR AO · Colorado Springs, COZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PIP2/CR AO in Colorado Springs, CO.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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