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4930-4940 Northpark Dr
Colorado Springs, CO 80918 Pulpit Rock

$3,550,000 USD

Warehouse For Sale  •  24,680 SF

Property Details

• Property Type Warehouse
• Total Building Size 24,680 SF
• Lot Size 1.67 AC
• Building Class C
• Year Built 1972
• Tenancy Multiple
• Zoning LI

10 Transit Score

30 Walk Score

Highlights

±24,680 SF multi-tenant industrial with ±6,200 SF available for lease at $13.00 PSF NNN

NNN leases with ±1.0 Year WALT and staggered expirations for near-term flexibility

5 grade-level doors & 2 dock-high doors with cutouts for additional loading expansion

North Colorado Springs I-25 frontage with ±128,000 VPD and immediate highway access

Value-add opportunity: mark-to-market strategy to reset rents and increase overall yield

Offered below replacement cost; 8.35% stabilized cap rate projected in Year 3

Amenities

• Signage
• Yard
• Storage Space

Public Transportation

Airport	Drive	Walk	Distance
City of Colorado Springs Municipal	29 min	-	13.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	48
Type:	Surface
Included in Rent:	Yes