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Brooks Building 1445 N Union Blvd 7,113 SF 100% Leased Office Building Colorado Springs, CO 80909 $1,200,000 ($168.71/SF) 7.56% Cap Rate
INVESTMENT HIGHLIGHTS
- Average daily traffic on Union South of Palmer Park is 23,281 vehicles. Palmer Park east of Union is 11,130 vehicles per day.
- Open reception area, kitchen/break room and conference room.
- Interstate I-25 only 6 minutes away.
- Surrounding area includes favorites BJ's Velvet Freeze, Leon Gessi Pizza, and Patty Jewett Golf Course.
- Newly renovated space is well appointed.
- 7 minutes to downtown Colorado Springs.
EXECUTIVE SUMMARY
This well-established building is now fully leased, offering investors a stable, turnkey asset with strong in-place income. The property features modern office spaces designed to maximize comfort, flexibility, and productivity—enhanced by sweeping floor-to-ceiling windows on both levels that frame captivating views of the Rocky Mountains. Tenants benefit from spacious break-room kitchens, conference areas, welcoming reception spaces, ample parking, and well-maintained landscaping. This property presents an exceptional opportunity for investors seeking immediate, reliable cash flow in a high-demand market.
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
$1,200,000
Price Per SF
$168.71
Cap Rate
7.56%
NOI
$90,720
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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Brooks Building | 1445 N Union Blvd
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