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For Sale 85,176 SF | 100% Occupied SINGLE TENANT LEASE INVESTMENT

$14,495,000

4615-4619 Foreign Trade Zone Boulevard, Colorado Springs, CO 80925

Active
Last Updated: 10/04/2024

6.7

Cap Rate

970,000

Pro Forma Cap Rate

Details:
Cap Rate:    6.7%
Pro Forma Cap Rate :    970000%
Building Size:    85,176 sqft
Lot Area:    6.4 acres
Class:    A
Year Built:    1986
Price Per Sqft:    $170.18
Zoning:    PID
Floors:    2
Parking Spots:    231
Highlights:
  • BUILDING: Westport Buildings
  • IMPROVEMENTS: Two Buildings 85,176 SF
  • LAND AREA: 6.4 Acres
  • LOCATION: Colorado Springs | El Paso County
  • Fully Fenced
  • Several Tenant Funded Improvements/ SCIF Areas
Description:

• 100% Leased to L3 Harris Corp., a Fortune 500 Aerospace Defense Company
• Stock Symbol LHX
• INITIAL OCCUPANCY 2008
• LEASE RECENTLY EXTENDED THROUGH JANUARY 2029
• Excellent Investment with Long-Term Tenant in Rapidly Growing Area
• Population of 770,000 (El Paso County)
• Home of U.S. Peterson Space Force Base, Falcon Air Force Station, Fort Carson Army Base & U.S. Air Force Academy

Map:
Documents:
Title
ForeignTradeZoneBlvd_4615-4619_sf.pdf
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Location
Gallery