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1615 Garden of the Gods Rd 705,000 SF 9% Leased Industrial Building Colorado Springs, CO 80907 For Sale

Matterport 3D Tour

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INVESTMENT HIGHLIGHTS

  • 1615 Garden of the Gods offers an infrastructure-rich campus without the delays and challenges of greenfield development.
  • 70 to 90+ MW power, 500 PSF-rated slab, 20’8” to 45’8” clear heights, and high-volume water, gas, and air handling systems support heavy-duty users.
  • Colorado Springs offers low utility costs, pro-business policies, nearby tech and defense hubs, and a growing skilled workforce.
  • 30.88-acre campus comprising 705,000 square feet of infrastructure with cleanroom space, power redundancy, fiber access, and a secure perimeter.
  • State-of-the-art facility originally built by Intel, ready for intensive uses like advanced manufacturing, data center, and AI technology.
  • Available for sale or lease. Preliminary due diligence documents are available in the Data Room. Inquire now to learn more.

EXECUTIVE SUMMARY

Seize the opportunity to control one of the most significant industrial developments ever constructed in Colorado. 1615 Garden of the Gods is an institutional-scale campus primed for rapid speed-to-market and immediate value creation for tenants, operators, and value-add investors.

Built by Intel at the peak of its global dominance, this high-tech facility spans 30.88 acres and offers over 700,000 square feet of space engineered for mission-critical operations at scale. It features 70 megawatts of power, expandable to 90 or more, a 500 PSF-rated slab, clear heights from 21 to 46 feet, optimized logistics infrastructure, 120,000 square feet of uninterrupted cleanroom space, top-tier mechanical, electrical, and cooling systems, and high-speed fiber connectivity. Operations are secured through dual power feeds, a fenced perimeter with guarded access, and premium fire protection systems.

This infrastructure-rich environment saves users an estimated 24 to 48 months compared to greenfield development and mitigates exposure to rising construction costs, labor and material shortages, and regulatory or utility delays.

Colorado Springs provides a competitive edge with electricity rates 12 percent below the national average, pro-business policies, and expanding utility and fiber infrastructure. The region benefits from a growing, young, educated labor force fueled by nearby STEM universities and major military installations. It is also home to a prominent tech and defense sector anchored by Boeing, Lockheed Martin, and Northrop Grumman. Direct connectivity to Interstate 25, the Colorado Springs Airport, and nearby rail lines ensures efficient logistics, positioning this campus as a strategic hub for advanced industrial operations.

MATTERPORT 3D TOUR

Third Floor - Clean Room

OFFERING MEMORANDUM Click Here to Access

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
  • High Vacancy Property
  • Redevelopment Project
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Telecom Hotel Data Hosting
  • Office Telecom Hotel Data Hosting
Building Class B
Lot Size 30.88 AC
Rentable Building Area 705,000 SF
No. Stories 4
Year Built 1996
Parking Ratio 0.9/1,000 SF
Clear Ceiling Height 20’8”
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 2
Zoning BP - Industrial Engineering & Research

AMENITIES

  • Bio-Tech/ Lab Space
  • Fenced Lot
  • Mezzanine
  • Security System
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - Subfab
  • 218,000 SF
  • Industrial
  • Partial Build-Out
  • Now

Built by Intel at the height of its global dominance, this 30.88-acre campus includes 705,000 square feet of facility space engineered for high-intensity, mission-critical operations. No expense was spared in its development. Every element of the site reflects top-tier performance, scale, precision, and longevity. Today, the property offers a rare opportunity to activate an infrastructure-rich campus without the delays of new construction, delivering a true speed-to-market advantage in a competitive landscape. With 70 megawatts of existing power capacity, expandable to 90+ MW, the site offers power capacity rarely found in the market. Institutional-grade mechanical, electrical, and cooling systems, along with heavy floor load capacity and robust utility distribution, support a wide range of intense operational uses. Located in Colorado Springs, the property also benefits from a pro-growth, business friendly environment with access to skilled labor, competitive power costs, and strong municipal support, creating value for both tenants and investors.

  • 2nd Fl-Ste Fab Level
  • 218,000 SF
  • Office
  • -
  • Now

Cleanrooms, offices, mechanical zones

  • Mezzanine - Mezzanine
  • 102,000 SF
  • Industrial
  • -
  • Now

Equipment mezzanine (AHUs, piping, exhaust)

  • 3rd Fl - Fan Deck
  • 101,000 SF
  • Industrial
  • -
  • Now

Air handling and cleanroom ventilation infrastructure

Space Size Space Use Condition Available
1st Fl - Subfab 218,000 SF Industrial Partial Build-Out Now
2nd Fl-Ste Fab Level 218,000 SF Office - Now
Mezzanine - Mezzanine 102,000 SF Industrial - Now
3rd Fl - Fan Deck 101,000 SF Industrial - Now

1st Fl - Subfab

Size
218,000 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste Fab Level

Size
218,000 SF
Space Use
Office
Condition
-
Available
Now

Mezzanine - Mezzanine

Size
102,000 SF
Space Use
Industrial
Condition
-
Available
Now

3rd Fl - Fan Deck

Size
101,000 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - Subfab

Size 218,000 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

Built by Intel at the height of its global dominance, this 30.88-acre campus includes 705,000 square feet of facility space engineered for high-intensity, mission-critical operations. No expense was spared in its development. Every element of the site reflects top-tier performance, scale, precision, and longevity. Today, the property offers a rare opportunity to activate an infrastructure-rich campus without the delays of new construction, delivering a true speed-to-market advantage in a competitive landscape. With 70 megawatts of existing power capacity, expandable to 90+ MW, the site offers power capacity rarely found in the market. Institutional-grade mechanical, electrical, and cooling systems, along with heavy floor load capacity and robust utility distribution, support a wide range of intense operational uses. Located in Colorado Springs, the property also benefits from a pro-growth, business friendly environment with access to skilled labor, competitive power costs, and strong municipal support, creating value for both tenants and investors.

2nd Fl-Ste Fab Level

Size 218,000 SF
Space Use Office
Condition -
Available Now

Cleanrooms, offices, mechanical zones

Mezzanine - Mezzanine

Size 102,000 SF
Space Use Industrial
Condition -
Available Now

Equipment mezzanine (AHUs, piping, exhaust)

3rd Fl - Fan Deck

Size 101,000 SF
Space Use Industrial
Condition -
Available Now

Air handling and cleanroom ventilation infrastructure

ABOUT COLORADO SPRINGS

Colorado Springs is nestled at the eastern foot of the Rocky Mountains. Interstate 25 runs through the heart of Colorado Springs and connects it to Denver, which is about 70 miles north. The northwestern portion of Colorado Springs, one of the city’s primary industrial nodes, can take advantage of the interstate via two nearby interchanges.

The northwestern part of Colorado Springs is supported by a diverse tenant pool. Large tenants are involved in everything from technology and defense to furniture manufacturing and forging. Among the area’s notable tenants are Jaxon Engineering, Keysight Technologies and Cobham Semiconductor. These firms can draw on the swelling population of well-educated local residents who are attracted to the area’s strong economy and numerous recreational amenities.

Industrial vacancies have been near historical lows in Colorado Springs, placing available space at a premium. Demand for warehouse, distribution, and flex product have outpaced the rate of development this cycle, creating favorable conditions for landlords.

Capital continues to pour into Colorado Springs. Cap rates are attractive and considerably higher than those in nearby Denver. The average price per square foot is also just a fraction of prices in Denver and Boulder, often providing great value for investors and owner/users interested in Colorado Springs.

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Colorado Springs
472,688
8
0 h 17 m
Denver
716,492
63
1 h 13 m
Albuquerque
560,218
384
6 h 43 m
Omaha
468,262
601
10 h 15 m
Oklahoma City
649,021
626
11 h 12 m
El Paso
682,669
655
11 h 21 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
508,690
Total Labor Force
273,626
Unemployment Rate
3.12%
Median Household Income
$74,681
Warehouse Employees
26,308
High School Education Or Higher
94.40%
$ values in USD

NEARBY AMENITIES

RESTAURANTS

Dickey's Barbecue Pit American - 8 min walk
Jersey Mike's Subs - - 8 min walk
Panda Express - - 11 min walk
Chipotle - - 11 min walk
Black Bear Diner - - 10 min walk
Einstein Bros Bagels Bagels $ 12 min walk
Starbucks Cafe $ 13 min walk
Whataburger - - 14 min walk

RETAIL

Staples Office Supply 10 min walk
9round Fitness Fitness 12 min walk
7-Eleven Convenience Market 12 min walk
Great Clips Salon/Barber/Spa 12 min walk
Safeway Supermarket 14 min walk
Walgreens Drug Store 16 min walk

HOTELS

TownePlace Suites
94 rooms
5 min drive
Hyatt Place
124 rooms
7 min drive
Quality Inn
124 rooms
6 min drive
La Quinta Inns & Suites
105 rooms
7 min drive
Best Western Plus
160 rooms
9 min drive
Home2 Suites by Hilton
90 rooms
10 min drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
73261-01-136
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$7,572,587 CAD

SALE ADVISORS

SALE ADVISORS

Maxwell Rist, Associate
Max Rist specializes in the acquisition and disposition of industrial properties across the Mountain Region and data centers nationwide. Based in Denver, Max works closely with an elite team of office and industrial specialists at Marcus & Millichap, where he is dedicated to delivering brokerage and advisory services that align with his clients' unique objectives. By understanding each client’s specific goals and priorities, Max tailors his approach to ensure value-driven results.

A recognized leader in sales, Max brings a wealth of experience and an entrepreneurial spirit to his role. During the COVID-19 pandemic, he founded Stork Distributions, a vital service that delivered essential goods, groceries, and medications to tens of thousands of elderly and immune-compromised residents in Baltimore, Maryland. This dedication to serving others underscores his commitment to making a positive impact on the lives of his clients and supporting their success.

Max holds degrees in Real Estate, Finance, and Economics from the University of Colorado's Leeds School of Business. He remains actively involved with his alma mater, volunteering at the CU Real Estate Center to mentor students on career paths and share insights from his industry experience.

Outside his professional pursuits, Max is devoted to staying active, creative, and mentally sharp. As a competitively ranked chess player, skilled guitarist, and disciplined boxing athlete, he values the mental and physical challenges these hobbies provide, bringing the same persistence and precision to his personal interests as he does to achieving client success.
Brandon Kramer, First Vice President Investments
Brandon focuses on the disposition, acquisition and analysis of Office and Industrial Properties in the Mountain West Region. Brandon brings to Marcus & Millichap, a wealth of knowledge of the Mountain West Region’s Office and Industrial Real Estate market, a principle’s approach to investment from years of development experience and a tenacious, must-win attitude. Brandon’s experience in development and investments amplify his “client first” approach to brokerage. He works diligently to make sure the client’s needs are met in a timely and professional manner.

Prior to joining Marcus & Millichap, Brandon was a member of KL Energy, an ethanol production design/build firm. In addition to Project Development and Construction Management, Brandon handled the brokerage and logistics of both feedstock and finished products from the firm’s collection of nationwide plants. In 2013, Brandon joined Marcus & Millichap to focus on building the firm’s Office and Industrial presence in the Denver market. In the last 5 years, Brandon has underwritten over $2B in total deal volume and successfully closed on over $350M worth of real estate.

In addition to brokering commercial real estate transactions, Brandon has also owned and managed several hundred thousand square feet of commercial property, most notably The Grant Building, one of the first steel frame “skyscrapers” built in the South, a 10-story office building located in Atlanta, GA, constructed in 1898 and a 30K SF multi-tenant Tech/Flex building in Arvada, CO.
  • Listing ID: 35744050

  • Date on Market: 2025-05-05

  • Last Updated:

  • Address: 1615 Garden of the Gods Rd, Colorado Springs, CO 80907

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