For Sale
$15,000,000

1915 Aerotech DrColorado Springs, CO 80916

75,964 SF, 100% Occupied, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 75,964 square foot, two-building office complex in Colorado Springs, Colorado. Currently 100% occupied by eight tenants, including a significant presence of government and aerospace & defense contractors, this stabilized asset offers a compelling 9.00% cap rate. The property, built in 1985, features high-quality construction, flexible floor plates, and ample parking (5.17 spaces per 1,000 sq ft). Situated on a 6.95-acre lot, the single-story buildings boast a prime location near Peterson Space Force Base, providing unparalleled access to major military installations and a robust, growing local economy. The property benefits from a strong tenant roster with credit-rated tenants and a NNN lease structure, minimizing landlord responsibilities. This offering represents a rare chance to acquire a durable cash flow stream with significant upside potential in a highly desirable location, characterized by a lack of comparable available space and strong submarket fundamentals. The property's strategic location within the second-largest aerospace economy in the nation, coupled with Colorado Springs' diversified and expanding economy, ensures long-term value and growth. The asking price is $15,000,000. This is a fee-simple sale.

Highlights

  • Stable cash flow from GSA/Aerospace & Defense tenants, significant upside potential.
  • Secure Compartmented Information Facility (SCIF) in select suites.
  • Excellent location with convenient access to Peterson Space Force Base.
  • Near five major military installations.
  • High-quality construction, flexible floor plans, and additional loading capacity.
  • Strong market fundamentals with limited available space.

Property Details for 1915 Aerotech Dr

Property type
Office properties, Flex space
Square Feet
75,964 SF
Class
B
Year Built
1985
Buildings
2
Stories
1
Lot Size (sq. ft)
302,742 SF

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8047512
Longitude
-104.7337722
1915 Aerotech Dr, Colorado Springs, Colorado

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1915 Aerotech Dr
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