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The Brooks Building 1445 N Union Blvd 7,113 SF 100% Leased Office Building Colorado Springs, CO 80909 $1,240,000 ($174.33/SF) 8.20% Cap Rate
Investment Highlights
- 100% leased retail investment providing immediate, stable cash flow
- High-visibility location on heavily traveled North Union Boulevard
- Well-maintained property with proven tenant history and income stability
- NNN lease structure offers predictable income with minimal landlord responsibilities
- Newly renovated space is well appointed.
- Supported by dense surrounding residential neighborhoods and strong demographics
Executive Summary
The Brooks Building presents a rare opportunity to acquire a stabilized, income-producing office asset in one of Colorado Springs’ most central and established corridors.
This two-story, 7,113 square foot professional office building is fully leased to two quality tenants under NNN lease structures, providing investors with predictable income and limited landlord responsibilities.
Designed with functionality and natural light in mind, the property features expansive floor-to-ceiling windows on both levels, well-appointed reception areas, conference rooms, private offices, and spacious break areas. The layout supports long-term tenancy and continued market relevance.
The property has been well maintained and offers strong curb appeal with mature landscaping and generous on-site parking.
This offering provides investors the opportunity to secure stable cash flow in a highly visible, centrally located trade area with long-term demand fundamentals.
This two-story, 7,113 square foot professional office building is fully leased to two quality tenants under NNN lease structures, providing investors with predictable income and limited landlord responsibilities.
Designed with functionality and natural light in mind, the property features expansive floor-to-ceiling windows on both levels, well-appointed reception areas, conference rooms, private offices, and spacious break areas. The layout supports long-term tenancy and continued market relevance.
The property has been well maintained and offers strong curb appeal with mature landscaping and generous on-site parking.
This offering provides investors the opportunity to secure stable cash flow in a highly visible, centrally located trade area with long-term demand fundamentals.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$101,392
|
$14.25
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$101,392
|
$14.25
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $101,392 |
| Annual Per SF | $14.25 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $101,392 |
| Annual Per SF | $14.25 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,113 SF
Building Class
C
Year Built/Renovated
1985/2024
Price
$1,240,000
Price Per SF
$174.33
Cap Rate
8.20%
NOI
$101,680
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,556 SF
Building FAR
0.35
Lot Size
0.47 AC
Zoning
OR - Office / Residential - Appropriate for a variety of uses.
Parking
25 Spaces (3.91 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Beautiful You Skin Care Academy
- Educational Services
- 3,600 SF
- -
- Triple Net
- Aug 2029
- CBRE | National Behavioral Health Advisory Group
- Health Care and Social Assistance
- 3,556 SF
- -
- Triple Net
- Feb 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Beautiful You Skin Care Academy | Educational Services | 3,600 SF | - | Triple Net | Aug 2029 | |
| CBRE | National Behavioral Health Advisory Group | Health Care and Social Assistance | 3,556 SF | - | Triple Net | Feb 2028 |
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Property Taxes
| Parcel Number | 64092-08-052 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $275,920 |
Property Taxes
Parcel Number
64092-08-052
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$275,920
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The Brooks Building | 1445 N Union Blvd
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