Centennial Office Campus

Office for Sale
Centennial Office Campus
Catylist Listing ID: 30229989
Building Size (RSF): 16,390 SF
Gross Land Area: 1.11 Acres
Sale Price: $1,250,000
Unit Price: $76.27 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 4/8/2018

Overview / Comments

• 75% leased• Excellent northwest location• Possible redevelopment or apartment/condominium conversion (easily convertible to 16 large units)• Existing zoning works for apartment and condo conversion• Proforma Gross Income of up to $240,000.00 annually• Convenient I-25 access• Heavily landscaped to complementenvironment• “Front Door” parking ratio (1:237)• Direct ground level entry• Suites are individually metered for electric and gas usage• Quality finish• Fireplace in each end unit

Additional Details

Nearest MSA: Colorado Springs
County: El Paso
Tax ID/APN: 7323202112
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1985

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,940 50,267 146,569
Median Age: 39.75 41.3 39.98
Households: 2,950 21,744 63,683


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