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8140 Sandy Ct

13,354 SF Vacant Industrial Building Colorado Springs, CO 80939 $3,650,000 ($273/SF)

Investment Highlights

  • Large Storage Yards
  • Heavy Industrial Zoning
  • Built in 2019
  • 14’ Overhead Doors
  • Ideal for Owner/user With Existing Income in Place
  • 20 Ft. Clear Height

Executive Summary

Industrial investment available for sale in northeast Colorado Springs, ideal for an owner/user with long term income in place. This property consists of two concrete block buildings (one unit occupied by the seller, the other occupied by a long term tenant) on over 2 acres of land. The property was designed to meet the needs of industrial tenants, making the buildings easy to lease. Each building has approximately 1,800 SF of office, 3,000 SF of warehouse and 1,800 SF of usable mezzanine space. The office portions have 3 offices, a conference room and a reception area, all with high quality finishes. Each unit has (3) 14’ drive in doors and 20’ - 22’ clear height. Each building also has a separately fenced 1 acre yard. Current tenants include a homebuilder and a plumbing company on a 5 year NNN lease with annual increases.
NOI from Tenant - $101.846.40
Property Taxes - $37,221.14

Property Facts

Price $3,650,000
Price Per SF $273
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.09 AC
Rentable Building Area 13,354 SF
No. Stories 1
Year Built 2020
Clear Ceiling Height 22 FT
No. Drive In / Grade-Level Doors 6

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
53333-03-016
Land Assessment
$149,860
Improvements Assessment
$487,920
Total Assessment
$637,780

zoning

Zoning Code I-3 (I-3)
I-3 (I-3)
  • Listing ID: 26661567

  • Date on Market: 9/19/2022

  • Last Updated:

  • Address: 8140 Sandy Ct, Colorado Springs, CO 80939

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