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Property profile & analytics
FOR LEASE
Office buildings

5245 Centennial Blvd Colorado Springs, CO 80919

16,390 SF 1.11 ac lot Built 1985
Entity Owned ~ Est. High Equity
Property ID
US13-0852985
5245 Centennial Blvd, Colorado Springs, CO 80919 For Lease
$14 SF/Yr 16,390 SF available
5245 Centennial Blvd, Colorado Springs, CO 80919
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Property summary
AI-generated overview

This exceptional office property at 5245 Centennial Boulevard in Colorado Springs, CO 80919 offers a variety of flexible spaces for lease. The building totals 16,390 square feet and is zoned OC. Multiple tenancies are available, with a minimum divisible space of 1,080 square feet and a maximum contiguous space of 2,160 square feet. Currently, 7,560 square feet of space is vacant and ready for immediate occupancy. The property is ideally suited for businesses seeking traditional or executive office space, offering a range of options to accommodate various needs and sizes. The address is conveniently located at 5245 Centennial Blvd, Colorado Springs, CO. This presents a unique opportunity to secure prime office space in a thriving Colorado Springs location. The building's layout allows for adaptability, making it suitable for a variety of business configurations. Interested parties should inquire about available space and lease terms. The property offers a blend of functionality and location, making it an attractive option for businesses seeking a productive and accessible workspace. Contact us to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction WOOD FRAME
Total area 16,390 SF
Lot 1.11 ac (48,352 SF)
Zoning code OC CU
APN 7323202112
UPID US13-0852985
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
  • Window International Network Church Mosque
  • Alpha Financial & Tax Tax Preparation
  • Maria Surber - State Farm Insurance Agent Insurance Agency
  • Somatic Solutions Counseling Crisis Center Medical Clinic
  • Janet Vanostenbridge Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$978k
Blend (final) Blend
$1.63M
Owner & transaction history
Centennial Boulevard Offices LLC
Centennial Boulevard Offices LLC
since 2025
7 recorded transactions
2025
$1.7M
2020
Price N/A
2018
$1.2M
2018
Price N/A
2014
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
OC CU · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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