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5825 Mark Dabling Blvd
Colorado Springs, CO 80919
Flex Property For Sale

INVESTMENT HIGHLIGHTS

  • Fully leased to tenants who cover most of their expenses and taxes resulting in immediate cash flow for the buyer.
  • The building features 22-24' clear heights, fire suppression and heavy 480v power.
  • Significant capital upgrades include a new roof with 20-year warranty, a new HVAC system, and new exterior and interior upgrades.
  • Ideally situated in the desirable Northwest Submarket with visibility along I-25 and easy access to the Interstate via 2 nearby interchanges.
  • Located in an Enterprise Zone which will encourage quick lease up as tenants leases expire.

PROPERTY FACTS

Property Type Flex
Property Subtype
Light Manufacturing
  • Flex Light Manufacturing
  • Industrial Manufacturing
  • FlexLight Distribution
Building Class B
Lot Size 10.78 AC
Rentable Building Area 151,363 SF
No. Stories 1
Year Built/Renovated 1979/2020
Parking Ratio 3.96/1,000 SF
Clear Ceiling Height 24’
Zoning PIP-1-HS

ABOUT 5825 MARK DABLING BLVD , COLORADO SPRINGS, CO 80919

The fully leased property is located in the Pikes Peak Enterprise Zone, which will encourage future occupancy. Tenants in this zone can receive tax credits related to hiring new employees, making investments in equipment, training employees or conducting research and development activities. The multi-tenant warehouse/flex property is in a highly desirable location with easy access to Interstate 25 and CanAm Highway, and visibility along the Interstate. The property offers scenic mountain views and features 22-24' clear heights, fire suppression, and heavy 480v power. Significant capital upgrades include a new roof with a 20-year warranty, a new HVAC, and new exterior and interior upgrades. Additionally, the property has 600 parking spots to accommodate a wide range of users, and there is the potential to expand that parking ratio on the excess land. The diverse tenant mix ranges from software companies to engineering, to training facilities. Each tenants lease will expire at different times in the future which will minimize risk for the buyer.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
63184-02-025
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,327,460
  • Listing ID: 18263974

  • Date on Market: 1/22/2020

  • Last Updated:

  • Address: 5825 Mark Dabling Blvd, Colorado Springs, CO 80919

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