1315 Ford StColorado Springs, CO 80915

For Sale
$1,800,000

Colorado Springs Industrial Warehouse - Sale Leaseback

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 8,050-square-foot warehouse at 1315 Ford St, Colorado Springs, CO 80915, presents a compelling sale-leaseback opportunity. Boasting a 7.00% cap rate and a strong NOI of $126,000, this single-tenant property offers a secure investment. The building, constructed in 1981, sits on a one-acre lot and features a 16-foot ceiling height, five loading docks, and five drive-in doors. The property is zoned I2 and benefits from convenient access to Highway 24 and N Powers Boulevard, placing it minutes from the Colorado Springs Airport and downtown. The current tenant, AA Striping, a well-established local business, has a 5-year lease in place under a NNN lease structure. Secure fenced-in storage adds to the property's functionality and appeal. The asking price is $1,800,000, translating to $223.60 per square foot and $1,800,000 per unit. This is an ideal opportunity for investors seeking a stable, income-producing asset in a prime Colorado Springs location. The property offers a blend of strong tenant occupancy, excellent location, and attractive financial metrics.

Highlights

  • Five drive-in doors with 16' clear height.
  • Secure fenced storage yard.
  • Excellent access to Highway 24 and Powers Boulevard.
  • Convenient proximity to Colorado Springs Airport and Downtown Colorado Springs.

Property Details for 1315 Ford St

Property type
Other warehouses, Other industrial properties
Square Feet
8,050 SF
Year Built
1981
Buildings
1
Stories
1
Lot Size (sq. ft)
43,560 SF
Units
1

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.850712487128
Longitude
-104.71187609489
1315 Ford St, Colorado Springs, Colorado

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1315 Ford St
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