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Vacant-User

2110 Busch Ave

2110 Busch Ave, Colorado Springs, CO 80904

Listing Price: $2,400,000

Cap Rate
1.00%
Gross SF
23,000
Price/Gross SF
$104.35
Lot Size
0.93 acres
Year Built
1984
Rentable SF
23,000

Investment Overview

Marcus & Millichap is pleased to present exclusive listing located at 2110 Busch Avenue in Colorado Springs, Colorado. The subject property was built from masonry construction in 1984, has approximately 23,000 gross square feet and is situated on 0.93 acres of land. The building consists of roughly 18,000 square feet of warehouse space and 5,000 square feet of office space. The warehouse portion has two dock high doors, one drive-in door (10’w X 14’h) and a ceiling height of up to 31 feet. Other highlights include LED lighting, a floor scale, gas heaters and great insulation. The office portion has multiple large offices, a receptionist desk, a conference room, and a break area that is all connected to the warehouse. The property has 20 paved parking spaces and will be sold vacant, aside from two small remaining local tenants who occupy a total of 1,400 square feet, are paying $12.00/square foot (modified gross) and with leases that run through 9/30/2021. The asset has M-1 zoning and is conveniently located on the westside of Colorado Springs, near Cheyenne Mountain, and with easy access to I-25 and Hwy-24. With no new construction in the surrounding area and below market vacancy, there is limited supply for an owner/user in need of warehouse or flex space in western Colorado Springs (CoStar).

Investment Highlights

  • Class B Office Warehouse
  • Up to 31' Clearance Height in Warehouse
  • 2 Dock High Doors & 1 Drive-In Door
  • Has Multiple Offices, A Receptionist Desk, Conference Room & Break Area
  • M-1 Zoning
  • Available Street Signage
  • Easy Access to Highway-24 & Interstate-25
  • No New Construction & Below Market Vacancy in Surrounding Area

Exclusively Listed By

Financing By

Listing Price: $2,400,000

Cap Rate
1.00%
Gross SF
23,000
Price/Gross SF
$104.35
Lot Size
0.93 acres
Year Built
1984
Rentable SF
23,000

Investment Highlights

  • Class B Office Warehouse
  • Up to 31' Clearance Height in Warehouse
  • 2 Dock High Doors & 1 Drive-In Door
  • Has Multiple Offices, A Receptionist Desk, Conference Room & Break Area
  • M-1 Zoning
  • Available Street Signage
  • Easy Access to Highway-24 & Interstate-25
  • No New Construction & Below Market Vacancy in Surrounding Area

Investment Overview

Marcus & Millichap is pleased to present exclusive listing located at 2110 Busch Avenue in Colorado Springs, Colorado. The subject property was built from masonry construction in 1984, has approximately 23,000 gross square feet and is situated on 0.93 acres of land. The building consists of roughly 18,000 square feet of warehouse space and 5,000 square feet of office space. The warehouse portion has two dock high doors, one drive-in door (10’w X 14’h) and a ceiling height of up to 31 feet. Other highlights include LED lighting, a floor scale, gas heaters and great insulation. The office portion has multiple large offices, a receptionist desk, a conference room, and a break area that is all connected to the warehouse. The property has 20 paved parking spaces and will be sold vacant, aside from two small remaining local tenants who occupy a total of 1,400 square feet, are paying $12.00/square foot (modified gross) and with leases that run through 9/30/2021. The asset has M-1 zoning and is conveniently located on the westside of Colorado Springs, near Cheyenne Mountain, and with easy access to I-25 and Hwy-24. With no new construction in the surrounding area and below market vacancy, there is limited supply for an owner/user in need of warehouse or flex space in western Colorado Springs (CoStar).

Exclusively Listed By

Financing By

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