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612-616 N Tejon St 612-616 N Tejon St 5,000 SF Office Building Colorado Springs, CO 80903 $1,350,000 ($270/SF) 8.11% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Extensive interior and exterior upgrades

EXECUTIVE SUMMARY

• Two-story office/commercial building
• Extensive interior and exterior upgrades
• Two (2) tenants in place
• 2,660 RSF available
• Prime location in the Greater CBD
• Located one block south of Colorado College and the new Robson Arena
• Walking distance to banks, retail and restaurants
• Excellent street appeal and visibility
• High quality tenant finish

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,000 SF
Building Class
B
Year Built
1979
Price
$1,350,000
Price Per SF
$270
Cap Rate
8.11%
NOI
$109,523
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,500 SF
Building FAR
1.04
Lot Size
0.11 AC
Zoning
FBZ-T2A - Form Based Zoning - Transition Sector 2
Parking
10 Spaces (2 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 614
  • 2,660 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
2nd Fl-Ste 614 2,660 SF Office Full Build-Out Now

2nd Fl-Ste 614

Size
2,660 SF
Space Use
Office
Condition
Full Build-Out
Available
Now
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 64073-08-024
  • 64183-26-006
  • 64073-08-021
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,173,350
  • Listing ID: 31260129

  • Date on Market: 3/19/2024

  • Last Updated:

  • Address: 612-616 N Tejon St, Colorado Springs, CO 80903

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