5030 Boardwalk DrColorado Springs, CO 80919

For Sale
$1,395,000

Fully Leased, High-Income Office Property

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 6,400 square foot executive office building in Colorado Springs, CO, presents a compelling investment opportunity. Located at 5030 Boardwalk Drive, in the desirable Northwest Corridor, this property offers a prime location near I-25, affluent neighborhoods, and the scenic Garden of the Gods. The building is fully leased, generating an estimated annual income of approximately $90,960 (based on 2024 projections). Four well-appointed suites cater to a stable mix of professional tenants, demonstrating consistent occupancy even during recent economic challenges. Undergoing a complete renovation between 2017 and 2018, the property boasts a new roof, HVAC system, updated interior finishes, new landscaping, and upgraded electrical systems. This meticulously maintained building offers a modern and functional interior layout, perfectly suited for a variety of office users. The asking price is $1,395,000, translating to $217.97 per square foot. Its convenient location, coupled with its strong rental history and recent renovations, makes this a highly attractive investment opportunity with significant potential for future growth. The property's proximity to amenities such as shops, restaurants, and breweries further enhances its appeal. This is a turnkey investment ready for immediate income generation. The zip code is 80919.

Highlights

  • $1,395,000 asking price for a 6,400 square foot executive office building in Colorado Springs, CO.
  • Located at 5030 Boardwalk Dr, Colorado Springs, CO 80919, in the desirable Northwest Corridor, minutes from I-25.
  • Fully leased, generating approximately $90,960 in annual income (based on 2024 projections).
  • Underwent a complete renovation (2017-2018) including a new roof, HVAC, interior finishes, landscaping, and electrical.
  • Features four well-appointed suites, consistently leased with a stable tenant mix.

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.9042274
Longitude
-104.8652162
5030 Boardwalk Dr, Colorado Springs, Colorado

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5030 Boardwalk Dr
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