
The Allison Building | 612-616 N Tejon St
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The Allison Building 612-616 N Tejon St
5,000 SF Office Building Colorado Springs, CO 80903 $1,350,000 ($270/SF) 8.11% Cap Rate



INVESTMENT HIGHLIGHTS
- Extensive interior and exterior upgrades
EXECUTIVE SUMMARY
• Two-story office/commercial building
• Extensive interior and exterior upgrades
• 100% leased
• Prime location in the Greater CBD
• Located one block south of Colorado College and the new Robson Arena
• Walking distance to banks, retail and restaurants
• Extensive interior and exterior upgrades
• 100% leased
• Prime location in the Greater CBD
• Located one block south of Colorado College and the new Robson Arena
• Walking distance to banks, retail and restaurants
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,000 SF
Building Class
B
Year Built
1979
Price
$1,350,000
Price Per SF
$270
Cap Rate
8.11%
NOI
$109,523
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,500 SF
Building FAR
1.04
Lot Size
0.11 AC
Zoning
FBZ-T2A - Form Based Zoning - Transition Sector 2
Parking
10 Spaces (2 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
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Walk Score®
Very Walkable (84)
Bike Score®
Biker's Paradise (98)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $824,820 | |
Land Assessment | $94,990 | Total Assessment | $919,810 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$94,990
Improvements Assessment
$824,820
Total Assessment
$919,810
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The Allison Building | 612-616 N Tejon St
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