1755 Telstar DrColorado Springs, CO 80920

Property Details for 1755 Telstar Dr

Year built

1987

Lot size

7.06 AC

Property size (Sq ft)

155,815 SF

Property type

Office buildings

APN

6232408005

APU

6232408005

Description

This Class A, 11,748 square foot office building, located at 1755 Telstar Drive, Suite 300, Colorado Springs, CO 80920, offers a variety of executive suites, coworking spaces, and creative office options. The building, renovated in 2019, features stunning mirrored-glass architecture visible from Interstate 25, including an impressive atrium. With 350 total suites, there are currently 5,970 square feet of vacant space available, with minimum divisible space starting at 10 square feet and a maximum contiguous space of 1,300 square feet. The building is situated in the prestigious Briargate business community, alongside industry leaders in aerospace, tourism, and electronics, in an area known for its high concentration of successful businesses. Amenities include elevators. This property provides a productive and stylish work environment in El Paso County, Colorado, offering excellent visibility and access for businesses of all sizes. The building's location provides easy access to major transportation routes. The property is ideal for businesses seeking a high-profile location with modern amenities and a vibrant business community. Multiple tenancy options are available.

• CAP approach

  CAP return

  Valuation

  6%

  $34,082,068

  6.5%

  $31,460,372

  7%

  $29,213,202

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,873,435

  Geo Method

  $12,873,435

• Alternative Use

  Use

  Valuation

  Residential

  $39,010,860

  Hospitality

  $35,733,740

  Educational

  $29,730,052

  Medical

  $30,752,514

  Retail

  $46,246,748

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.9595

Longitude

-104.797

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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