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4445 Northpark Dr
Colorado Springs, CO 80907
Hoff & Leigh Real Estate Services · Office Property For Sale
EXECUTIVE SUMMARY
FOR SALE!
4445 Northpark is a great location for anyone who’d like prime access at I-25 & Garden of the Gods Road.
The building was recently remodeled including the interior office suites, the electric, HVAC, and a new roof with 9” of insulation, and all new double pane, insulated windows. The building is a solid investment generating around $166,000 NOI with below market rates. It would be a good fit for a buyer/occupant, too. The building has been very well maintained. No anticipated cap X required.
What: 2 Story Office Building
Size: 14,080 SF
Lot Size: 1.08 Acres
Zoning: L1
Year Built: 1970
Year Remodeled: 2022 – 2024
Price PSF: $196.00NOI: $166,000
Cap Rate: 6%
Taxes: $10,261 Annually
Insurance: $5,201 Annually
Utilities: $1,247 Per Month
Reason For Sale: Tax Considerations
Located in TAX FAVORED Opportunity Zone + HUB Zone
For a private showing and all the confidential financial details, call Tim Leigh: 719-377-9551 or Holly Trinidad: 719-337-0999
4445 Northpark is a great location for anyone who’d like prime access at I-25 & Garden of the Gods Road.
The building was recently remodeled including the interior office suites, the electric, HVAC, and a new roof with 9” of insulation, and all new double pane, insulated windows. The building is a solid investment generating around $166,000 NOI with below market rates. It would be a good fit for a buyer/occupant, too. The building has been very well maintained. No anticipated cap X required.
What: 2 Story Office Building
Size: 14,080 SF
Lot Size: 1.08 Acres
Zoning: L1
Year Built: 1970
Year Remodeled: 2022 – 2024
Price PSF: $196.00NOI: $166,000
Cap Rate: 6%
Taxes: $10,261 Annually
Insurance: $5,201 Annually
Utilities: $1,247 Per Month
Reason For Sale: Tax Considerations
Located in TAX FAVORED Opportunity Zone + HUB Zone
For a private showing and all the confidential financial details, call Tim Leigh: 719-377-9551 or Holly Trinidad: 719-337-0999
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
14,080 SF
Building Class
B
Year Built
1970
Price
$3,825,910 CAD
Price Per SF
$271.73 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,080 SF
Slab To Slab
10’
Building FAR
0.31
Lot Size
1.05 AC
Opportunity Zone
Yes
Zoning
M1
Parking
100 Spaces (7.1 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Convenience Store
- Restaurant
- Waterfront
PROPERTY TAXES
| Parcel Number | 63302-02-027 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $537,588 CAD |
PROPERTY TAXES
Parcel Number
63302-02-027
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$537,588 CAD
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