1125 Newport RdColorado Springs, CO 80916

For Sale
$4,300,000

20,000 SF Office/Warehouse, 6.45% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 20,000-square-foot commercial property in Colorado Springs, Colorado, presents a lucrative investment opportunity. Built in 2022, this single-story building boasts a desirable blend of executive office space and warehouse functionality, currently operating at 100% occupancy. Situated on a 2.01-acre lot in the BP | CR AO Business Park (Planned District), the property offers convenient access to I-25 via Highway 24 Bypass and/or Milton E. Proby Parkway, with additional site access from Aeroplaza Drive or North Newport Road. The building features a striking metal exterior with brick accents, a 24-foot clear height ceiling, and efficient LED lighting. The warehouse component includes six dock-high doors – two 8'x10' and four 12'x14' drive-in doors – providing ample loading and unloading capabilities. Thirty parking spaces are available on-site, and a fenced yard offers additional secure storage. The property's robust infrastructure includes an 800-amp, 480-volt electrical system and a sprinkler system. The asking price is $4,300,000, representing a compelling 6.45% capitalization rate. On-building signage is available, with potential for monument signage. This property is ideal for a variety of businesses seeking a high-quality, well-located space with excellent access and ample amenities. The column spacing is 33 feet.

Highlights

  • 20,000 SF building on a 2.01-acre lot.
  • 2022 construction in the BP | CR AO Business Park (Planned District).
  • On-building signage, with monument signage potential.
  • Excellent I-25 access via Highway 24 Bypass and/or Milton E. Proby Parkway.
  • Multiple site access points from Aeroplaza Drive and North Newport Road.
  • Metal building with brick accents, 24-foot clear height ceiling, and LED lighting.

Property Details for 1125 Newport Rd

Property type
Other warehouses, Other office properties
Square Feet
20,000 SF
Year Built
2022
Buildings
1
Stories
1
Lot Size (sq. ft)
87,556 SF

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.815014
Longitude
-104.7276552
1125 Newport Rd, Colorado Springs, Colorado

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1125 Newport Rd
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