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The Cube 1115 Elkton Dr
46,857 SF 93% Leased Office Building Colorado Springs, CO 80907 $6,950,000 ($148/SF) 7.42% Cap Rate
Investment Highlights
- 93% Leased asset with an in-place NOI of $515K
- Stable long-term tenant base
- Well maintained property with on-site property management
- 7.42% Cap Rate In-Place, 8.38% Cap Rate when Fully Leased
Executive Summary
This is a 93% leased asset with an in-place NOI of $515K for 2025 with a diverse tenant mix of healthcare providers and professional office users, ensuring income stability and making this a premier investment opportunity with market upside.
Well maintained property with on-site property management
Stable long-term tenant base
Situated in a business park zone with a strong history of tenant retention and demand
Located on the highly sought after business corridor, Garden of the Gods Rd.
Data Room Click Here to Access
Property Facts
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
THE CUBE, located at 1115 Elkton Drive, is a four-story office complex located off of Garden of the Gods Rd. Spaces feature excellent views and easy access to I-25 along with numerous retail shops and restaurants. • Tenant Agents will receive 5% commissions on new lease deals • Building under new ownership • Easy access to I-25
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 204 | 3,144 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 204
| Size |
| 3,144 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 204
| Size | 3,144 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
THE CUBE, located at 1115 Elkton Drive, is a four-story office complex located off of Garden of the Gods Rd. Spaces feature excellent views and easy access to I-25 along with numerous retail shops and restaurants. • Tenant Agents will receive 5% commissions on new lease deals • Building under new ownership • Easy access to I-25
PROPERTY TAXES
| Parcel Number | 73243-01-009 | Improvements Assessment | $537,300 |
| Land Assessment | $188,350 | Total Assessment | $725,650 |
PROPERTY TAXES
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The Cube | 1115 Elkton Dr
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