5030 Boardwalk Dr Colorado Springs, CO 80919
Property summary
This exceptional 6,400 square foot executive office building in Colorado Springs, CO, presents a compelling investment opportunity. Located at 5030 Boardwalk Drive, in the desirable Northwest Corridor, this property offers a prime location near I-25, affluent neighborhoods, and the scenic Garden of the Gods. The building is fully leased, generating an estimated annual income of approximately $90,960 (based on 2024 projections). Four well-appointed suites cater to a stable mix of professional tenants, demonstrating consistent occupancy even during recent economic challenges. Undergoing a complete renovation between 2017 and 2018, the property boasts a new roof, HVAC system, updated interior finishes, new landscaping, and upgraded electrical systems. This meticulously maintained building offers a modern and functional interior layout, perfectly suited for a variety of office users. The asking price is $1,395,000, translating to $217.97 per square foot. Its convenient location, coupled with its strong rental history and recent renovations, makes this a highly attractive investment opportunity with significant potential for future growth. The property's proximity to amenities such as shops, restaurants, and breweries further enhances its appeal. This is a turnkey investment ready for immediate income generation. The zip code is 80919.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Law Firm
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Marketing & Advertising Advertising Agency
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General Contractor
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Business Management Consultant
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
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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
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
PBC CU · Colorado Springs, COZoning
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Zoning designation
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