3525 Akers DrColorado Springs, CO 80922
- Industrial properties
- 16,800 SF
Property Details for 3525 Akers Dr
- Year built
- 2009
- Property size (Sq ft)
- 16,800 SF
- Property type
- Industrial properties
- Property subtype
- Other industrial properties
Description
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.
Location Insight
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Latitude
- 38.8832
- Longitude
- -104.688
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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