800 Research Drive presents a rare opportunity to acquire a 35,132-square-foot multi-tenant commercial asset situated on 6.042 acres in Woodland Park's premier location. Offered at $170.80 per square foot, the property is available below estimated replacement cost, providing investors with a secured asset in a market where comparable commercial inventory is limited.
Constructed in 1998, the property features a versatile mix of office and industrial/warehouse space with flexible suite configurations designed to accommodate a broad range of commercial users. Property amenities include 16-foot clear heights, 10' × 10' overhead doors, ample parking of 2:1,000 SF, and the flexibility to support future tenant demand and evolving business needs.
An established and diversified tenant base provides immediate in-place cash flow while offering opportunities to enhance value through lease-up, rental rate growth, tenant expansion, or strategic repositioning as suites become available. The property's adaptable design supports long-term tenant retention while appealing to a wide range of prospective occupants.
Strategically located along the Highway 24 corridor, approximately 20 miles west of Colorado Springs, Woodland Park serves as the commercial hub for Teller County and western El Paso County. The community continues to experience steady residential and commercial growth while benefiting from year-round tourism, a highly educated workforce, and strong regional demographics. Combined with limited commercial development opportunities and constrained inventory, these market fundamentals support long-term occupancy and investment performance.