855 Aeroplaza DrColorado Springs, CO 80916

Property Details for 855 Aeroplaza Dr

Year built

1980

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.42 AC

Property size (Sq ft)

50,146 SF

Zone code

PIP2/CR AO

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

6424001002

APU

6424001002

Description

This exceptional 50,146-square-foot industrial property, located at 855 Aeroplaza Dr, Colorado Springs, CO 80916, presents a compelling investment opportunity. Situated on a 3.42-acre lot within the Airport submarket, this single-story building boasts a desirable location in an Opportunity Zone. Constructed in 1980, the structure features a functional layout ideal for distribution and warehouse operations. The high ceilings, ranging from 18 to 20 feet, provide ample vertical space for storage and efficient material handling. The property includes eight loading docks and three dock-high doors, ensuring smooth and efficient loading and unloading processes. The building is zoned BP/CR, offering flexibility for various industrial uses. The asking price is $6,345,000, translating to a price per square foot of $126.53. A potential lease rate of $8.75 per square foot, NNN, is available for year one. This property represents a rare chance to acquire a well-located, functional industrial space with significant potential for growth and return on investment. The property's strategic location and substantial size make it an attractive option for businesses seeking a robust and efficient operational base in the thriving Colorado Springs market.

• Alternative Use

  Use

  Valuation

  Residential

  $12,554,880

  Hospitality

  $11,500,203

  Educational

  $9,568,034

  Medical

  $9,897,093

  Retail

  $14,883,608

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.8137

Longitude

-104.725

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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