1915 Aerotech Dr Colorado Springs, CO 80916-4219
- Life science properties
- 37,982 SF
- 6.96 lot acres
Current Use by 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
Property Details for 1915 Aerotech Dr
- Year built
- 1985
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 6.96 lot acres
- Property size
- 37,982 SF
- Zone code
- PIP2/CR AO
- Property type
- Life science properties
- APN
- 6425004002
- APU
- 6425004002
Description
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.
Value Estimations
-
Alternative Use
- Use
- Estimation
- R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
- $1,210,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.733
- Latitude
- 38.805
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
