2139 Chuckwagon Rd Colorado Springs, CO 80919-3504
This exceptional three-story, 11,334 square foot office building in Colorado Springs' desirable Mountain Shadows area presents a rare owner-user or investment opportunity. Built in 2000, the property boasts a modern brick facade with operable windows, an elevator, and stunning Front Range views. Located just west of Centennial Blvd and north of 30th St, it offers convenient access and high visibility, enhanced by prominent signage opportunities. The building currently enjoys 84% occupancy with flexible lease options and a variety of suite sizes. Situated in a high-income area with average household incomes exceeding $125,000 within a three-mile radius, the property benefits from significant nearby residential development, including thousands of new apartments. Further enhancing its value, a vacant lot is included, providing the potential for an additional 13,000 square foot building. The property is zoned PIP-1, HS, and offers a high barrier to entry for new office land on the west side of Colorado Springs. This well-maintained building presents a unique chance to acquire a prime office location with significant expansion potential. The asking price is $2,200,000, with a price per square foot of $194.11.
-
Rick Smith - Universal Lending Home Loans NMLS#235269 Loan Service Bank
-
Diane K. Bross, PC Law Firm
-
Selley Group @ LIV Sotheby's International Realty Real Estate Agency
-
Pikes Peak Urban Living Real Estate Agency
-
Trek Management Property Management Company
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
PIP1 HS · 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.