For Sale
$1,200,000

5875 Lehman DrColorado Springs, CO 80918

6,520 SF Office Building, $1.2M

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 6,520-square-foot executive office building in Colorado Springs, CO, presents a compelling investment opportunity. Located at 5875 Lehman Dr, 80918, this two-level building, constructed in 1982, offers significant upside potential for an owner-user. Currently generating approximately $57,000 in net annual income, the property features multiple small tenants with flexible lease terms, allowing a new owner to occupy a substantial portion of the space for their business. The current owner occupies roughly 1,600 square feet and can lease back at market rates. The building benefits from a central location with convenient access to major thoroughfares like Academy and Woodman, and proximity to ample retail, dining, and daytime shopping options. The property includes ample parking and is well-maintained, with all building systems in good working order. Note that one tenant is a medical marijuana dispensary. The asking price is $1,200,000, translating to $184.05 per square foot. This property offers a unique blend of income generation and owner-user flexibility in a desirable Colorado Springs location.

Highlights

  • $1,200,000 asking price for this 6,520 square foot executive office building.
  • Located at 5875 Lehman Dr, Colorado Springs, CO 80918.
  • Building features two levels and offers flexible lease terms, ideal for owner-users.
  • Currently generates approximately $57,000 net annual income; includes a medical marijuana dispensary tenant.
  • Ample parking and convenient location with easy access to major thoroughfares and nearby retail amenities.

Property Details for 5875 Lehman Dr

Property type
Office properties
Square Feet
6,520 SF

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.9172838
Longitude
-104.78729
5875 Lehman Dr, Colorado Springs, Colorado

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5875 Lehman Dr
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