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Office / Warehouse For Sale

$4,953,100

885 Elkton Drive, Colorado Springs, CO 80907

Active
Last Updated: 06/11/2026

5.5

Cap Rate

16,367 sqft

Building Size

Details:
Cap Rate:    5.5%
Building Size:    16,367 sqft
Lot Area:    1.1 acres
Lease Type:    Triple Net
Parking Spots:    35
Highlights:
  • Nice Offices on Glass
  • Two Conference Rooms
  • Exceptional Kitchen / Break Area
  • Skylights and Open Areas
  • Limited Land in Area for Development
  • Highly Desirable Location
Description:

100% Leased office / flex property in the coveted high-tech / aerospace Garden of the Gods corridor in NW Colorado Springs. Newly modernized in 2020 with premium finishes, bright and open offices, work areas, and clean warehouse space. Leased to a medical-related tenant through February 2030 with annual increases plus two five-year renewal options. Ideal 1031 or investment property in a great location just off I-25 and Garden of the Gods Road. The current tenant has invested their own capital into significant electrical upgrades, exemplifying a strong commitment to the property.

Map:
Documents:
Title
Investment Flyer
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Location
Gallery