For Sale
$3,780,000

3525 Akers DrColorado Springs, CO 80922

16,800 SF Flex Building, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 16,800-square-foot flex/industrial building in Colorado Springs, Colorado, currently 100% occupied by Rocky Mountain Classical Academy under a net lease agreement. The property, built in 2009, consists of six individually titled condominiums totaling 16,800 square feet, offering significant flexibility for future ownership strategies. Four units measure approximately 2,550 square feet each, combining 1,550 square feet of warehouse space with 1,000 square feet of office/flex space. The remaining two units are approximately 3,400 square feet each, featuring 2,040 square feet of warehouse and 1,360 square feet of office/flex space. The property boasts six loading docks and a 15-foot ceiling height. The asking price is $3,780,000, or $225 per square foot, and $630,000 per unit. All leases expire July 31st, 2025, with a potential for immediate NOI increase through self-management. A significant advantage is the inclusion of an additional 1.23 acres of developable land zoned CS CAD-O, offering substantial future development potential. This surplus acreage could be sold separately or developed to accommodate tenant growth. The property is classified as Class B, with a single tenant and a NNN lease type. This presents a compelling investment opportunity with immediate income and long-term growth potential.

Highlights

  • Six (6) condominium units totaling 16,800 square feet (SF).
  • Four (4) units are approximately 2,550 SF each (1,550 SF warehouse, 1,000 SF office/flex). Two (2) units are approximately 3,400 SF each (2,040 SF warehouse, 1,360 SF office/flex).
  • Significant NOI increase potential ($20,000) within 30 days of ownership for a self-managing investor.
  • Individually titled units, allowing for individual sale or lease; currently fully leased to Rocky Mountain Classical Academy.
  • Existing leases expire July 31, 2025, with one-year renewal terms.
  • 1.23 acres of commercially zoned land included, suitable for future development or sale as a pad site.

Property Details for 3525 Akers Dr

Property type
Industrial properties, Flex space
Square Feet
16,800 SF
Class
B
Year Built
2009
Buildings
1
Stories
1
Units
6

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.883167
Longitude
-104.6878275
3525 Akers Dr, Colorado Springs, Colorado

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3525 Akers Dr
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