6395 Corporate Centre Cir - Warehouse FOR SALE


Colorado Springs, CO 80919- Rockrimmon
$4,000,000 USD
719-337-0999
6395 Corporate Centre Cir, Colorado Springs, CO for Sale
$4,000,000 USD
Warehouse - FOR SALE
1/8
null | 5.5% Cap Rate

6395 Corporate Centre Cir
Colorado Springs, CO 80919
Rockrimmon


HIGHLIGHTS

  • Year 1 NOI: $219,400 (based on $18,283.33/mo net rent × 12 months)
  • Cap Rate: 5.5%
  • Net lease through August 31, 2028; 33 months remaining at execution
  • Credit tenant: Dal-Tile Distribution, LLC, guaranteed by Dal-Tile, LLC
  • Long-term tenancy: lease originated October 2006; 19+ year relationship
  • Tenant holds one 5-year extension option at FMV with 2% annual escalations

OVERVIEW

Hoff & Leigh is pleased to present for sale 6395 Corporate Centre Circle, Colorado Springs, Colorado, which is a ±20,000-square-foot industrial warehouse and showroom building occupied by Dal-Tile Distribution, LLC, a subsidiary of the Mohawk Industries family of companies. The property is leased through August 31, 2028 on a net basis, with scheduled rent escalations providing predictable income growth. The lease is guaranteed by Dal-Tile, LLC and represents a long-standing tenant relationship originating in 2006. The Fourth Amendment (November 2025) extended the lease 33 months and restructured maintenance obligations, placing water pipe responsibility with the Landlord in exchange for operational certainty for the Tenant. The Tenant retains one five-year extension option at Fair Market Value with 2% annual escalations, and an ongoing right of first refusal to purchase the asset — both of which reflect the Tenant’s commitment to this location and provide a natural exit for an investor seeking a passive net-leased position.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dal-Tile

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

UTILITIES

-

CLEAR CEILING HT

22 Ft

DOCKS

3

DRIVE INS

1

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2.13

LAND SF

92,783

ZONING

PBC, HS SS UV,CO Springs

APN/PARCEL ID

63181-02-029

ASK ABOUT THIS PROPERTY

Holly TrinidadHoff & Leigh Colorado Springs, LLCMore Info
719-337-0999

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Holly TrinidadHoff & Leigh Colorado Springs, LLCMore Info
719-337-0999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.