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11675 Ridgeline Dr 39,194 SF Industrial Building Colorado Springs, CO 80921 $10,600,000 ($270.45/SF) 7.05% Cap Rate
Executive Summary
Class A 37,741 square-foot office / distribution investment property. Two
tenants on long-term leases at this great location in north central Colorado
Springs. The building was constructed in 2003 then remodeled and updated
for both tenants in 2024. Located in fast-growing Colorado Springs, Colorado
with a metro population of over 715,000. Dynamic economy fueled by
aerospace, tech companies, tourism, five military installations, and a great
quality of life in the Pikes Peak region. Superior location near I-25 and
50 minutes to Denver
tenants on long-term leases at this great location in north central Colorado
Springs. The building was constructed in 2003 then remodeled and updated
for both tenants in 2024. Located in fast-growing Colorado Springs, Colorado
with a metro population of over 715,000. Dynamic economy fueled by
aerospace, tech companies, tourism, five military installations, and a great
quality of life in the Pikes Peak region. Superior location near I-25 and
50 minutes to Denver
Property Facts
| Price | $10,600,000 | Rentable Building Area | 39,194 SF |
| Price Per SF | $270.45 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2003 |
| Cap Rate | 7.05% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.45/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 24’ |
| Building Class | B | No. Dock-High Doors/Loading | 2 |
| Lot Size | 3.46 AC | ||
| Zoning | OC PIP1, Colorado Springs | ||
| Price | $10,600,000 |
| Price Per SF | $270.45 |
| Sale Type | Investment |
| Cap Rate | 7.05% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.46 AC |
| Rentable Building Area | 39,194 SF |
| No. Stories | 1 |
| Year Built | 2003 |
| Tenancy | Single |
| Parking Ratio | 2.45/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 2 |
| Zoning | OC PIP1, Colorado Springs |
Amenities
- Bus Line
- Signage
1 1
Somewhat walkable
20/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 62174-07-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,533,600 |
Property Taxes
Parcel Number
62174-07-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,533,600
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11675 Ridgeline Dr
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