THE PROPERTY: Thesubjectpropertyconsistsof50acres of industrial zoned land fronting Platte Avenue (Highway24) just west of Powers Boulevard and just north of the Colorado Springs Airport. The property is in the City of Colorado Springs with utilities served by CSU. Water, sanitary sewer, gas, and electric services surround the property. AccessisviaWootenRoadonthewestandfromthePlatteAvenuefrontageRoadonthenorth. The western17acresisseparatedfromthemainparcelbySandCreekandisaccessedbyBijouStreet from Troy Hill Road. Sand Creek adjoins the property. It has been rip-rappedby the city with the Flood Plain completely contained within the channel. A tributary to Sand Creek borders the south side of the property. Ownership dedicatedfiveacrestotheCityandtheyarenowobligatedtoimprovethatchannel.Workstartingin2024. The property’s location allows for easy access to most parts of the City via Powers Boulevard, Platte Avenue, and the Highway24Bypass. Peterson Air Force Base, home of U.S, Space Command is just east of the subject property. TheColoradoSpringsairportandPeakInnovationParkarejusttothesouth. Major industrial/distribution facilities in the immediate area include FedEx Freight, FedEx Ground, DPIX. Swire Coca-Cola, Ace Hardware, and Taylor Farms among many others. Nearby defense contractors include Trine Aerospace, Raytheon, Serco, Collins Aerospace, Northrup Grumman, Lockheed Martin, Boeing, and L3 Harris. Amazon opened a 4millionsquarefootdistributioncenter in the Peak Innovation Park in 2021.The facility is the largest warehouse in a seven-state area.