1915 Aerotech DrColorado Springs, CO 80916

Property Details for 1915 Aerotech Dr

Year built

1985

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

6.96 AC

Property size (Sq ft)

37,982 SF

Zone code

PIP2/CR AO

Property type

Life science properties

APN

6425004002

APU

6425004002

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $9,509,422

  Hospitality

  $8,710,579

  Educational

  $7,247,100

  Medical

  $7,496,338

  Retail

  $11,273,266

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.805

Longitude

-104.733

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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