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7222 Commerce Center Drive - One Commerce Center, Colorado Springs, CO

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DetailMap
7222 Commerce Center Drive - One Commerce Center

Colorado Springs, CO 80919 - Northwest Submarket

(1.9 MB)

Property Type:Office Sub Type:- Status:Existing Year Built:1984
Stories:2 Typical Floor:41,580 SF Building Size:83,160 SF
% Leased:
For Sale Price:$8,620,000 Price/SF:$103.66
Cap Rate:8.24 %
Smallest Space:163 SF Largest Space:163 SF Total Space Avail:163 SF Rent/SF/Yr:
Negotiable
Parking:Free Surface spaces are available; Ratio of 4/1,000 SF Amenities:Bus Line, Convenience Store, Fitness Center, Hotel, Restaurant, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
163 SF
Negotiable
Vacant
Thru Oct 2017
Office
 
10865085
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
163 SF
Negotiable
Vacant
Thru Oct 2017
Office
One Commerce Center is a Class A, multi-tenant office building with quick access to the I-25 and Woodmen Road interchange. The property,
which is surrounded by restaurants and hotels, has been extensively upgraded. Improvements include contemporary interior finishes and
efficient new floor plans.


• Completely re-developed Class B multi -tenant office asset
• Double digit cash on cash returns
• Signifi cant discount to replacement cost pricing
• High quality fi nishes/construction; asset outperforms market occupancy
• Engineered/design spec suite will enhance renewals and limit TI costs
• Long term occupancy history of existing tenants
• Diversified small tenant rent roll with limited risk
• Bay depth accommodates small and medium size tenants
• Tremendous glass line and Pikes Peak/Garden of the Gods views
• Extremely quick and convenient I-25 access, 1/4 mile direct access
• Close proximity to Northern Colorado Spring’s premier executive housing
• Tremendous access to retail, services, restaurants, and hotel uses
• On site fi tness facility, showers and lockers
• Tremendous long term cash fl ow opportunity with upside potential in an improving market

Sale Notes:
Transwestern (the Broker ) has been exclusively retained to offer to qualified investors an opportunity to purchase One Commerce Center in Colorado Springs, Colorado. One Commerce Center is a two story, 79,209 SF Class B office building located at Woodmen Road and Interstate 25 in the Northwest Colorado Springs Office Market. Built in 1984, One Commerce Center is currently 85.0% leased to a diverse and seasoned mix of tenants ranging from government contractors, engineers, education, healthcare providers, IT and non-profits. One Commerce Center provides the value investor a durable income stream, a highly functional asset, and an incredible accessible Interstate 25 location.


Follow this link to view the OFFERING MEMORANDUM :

TWdenvercapitalmarkets.listinglab.com/OneCommerceCenter

Transwestern
Brad Cohen
(303) 407-1470

Larry O Thiel
(303) 407-1471


Lori Hinze
Lori Hinze
(719) 314-7623



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