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4445 Northpark Dr.

$2,750,000 (Sale)
4445 Northpark Drive, Colorado Springs, CO 80907
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Property Details

  • Property Type: Investment, Office
  • Building Size: 14,080 SF
  • Lot Size: 1.08 Acres
  • Zoning: M1

Overview

FOR SALE!

4445 Northpark is a great location for anyone who’d like prime access at I-25 & Garden of the Gods Road.

The building was recently remodeled including the interior office suites, the electric, HVAC, and a new roof with 9” of insulation, and all new double pane, insulated windows. The building is a solid investment generating around $166,000 NOI with below market rates. It would be a good fit for a buyer/occupant, too. The building has been very well maintained. No anticipated cap X required.

  • What: 2 Story Office Building

  • Size: 14,080 SF

  • Lot Size: 1.08 Acres

  • Zoning: L1

  • Year Built: 1970

  • Year Remodeled: 2022 – 2024

  • Price PSF: $196.00NOI: $166,000

  • Cap Rate: 6%

  • Taxes: $10,261 Annually

  • Insurance: $5,201 Annually

  • Utilities: $1,247 Per Month

  • Reason For Sale: Tax Considerations

  • Located in TAX FAVORED Opportunity Zone + HUB Zone

For a private showing and all the confidential financial details, call Tim Leigh: 719-377-9551 or Holly Trinidad: 719-337-0999

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