For Sale
$3,800,000

8140 Sandy Ct Colorado Springs, CO 80951

Colorado Springs Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional Class A industrial flex property, located at 8140-8170 Sandy Court in Colorado Springs, CO 80951, presents a compelling owner-user opportunity with existing income. The property encompasses 13,354 square feet across two buildings situated on a 2.09-acre lot. Built in 2019 and renovated the same year, the property boasts a 100% occupancy rate with two units. Each unit offers approximately 6,677 square feet, including roughly 1,800 square feet of office space, 3,000 square feet of warehouse space, and 1,800 square feet of usable mezzanine space. High-quality office finishes feature three offices, a conference room, and a reception area in each unit. The warehouse areas provide three 14-foot drive-in doors and 20-22-foot clear ceiling heights. Each building also benefits from a separately fenced one-acre yard, and the property includes six loading docks. The current tenants, a homebuilder and a plumbing company, are under a five-year NNN lease with annual rent increases, generating a net operating income (NOI) of $101,846.40. Annual property taxes are $37,221.14. The property is zoned I-3 CAD-O and is offered at $3,800,000 ($284.56/sq ft, $1,900,000/unit). This is an ideal investment for an owner-user seeking immediate income and long-term growth potential.

Highlights

  • Large storage yards.
  • 14' overhead doors.
  • I-3 CAD-O zoning.
  • Owner-user opportunity with existing income; $101,846.40 NOI.
  • Built in 2019.
  • 20-foot clear height ceilings.

Property Details for 8140 Sandy Ct

Property type
Industrial properties, Flex space
Square Feet
13,354 SF
Class
A
Year Built/Renovated
2019/2019
Buildings
1
Stories
2
Lot Size (sq. ft)
91,040 SF
Units
2

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8709
Longitude
-104.67403

FAQs

What type of property is this?
Industrial property - Colorado Springs Investment Opportunity
Where is the industrial property located?
The property is located at 8140 Sandy Ct Colorado Springs, CO.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Large storage yards.; 14' overhead doors.; I-3 CAD-O zoning.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
8140 Sandy Ct
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message