4850 Northpark Dr, Colorado Springs, CO 80918 - industrial property
Detailed information about industrial property which situated in Colorado Springs (80918) city, Colorado state on 4850 Northpark Dr.
Additional Information: We’re 100% Leased! This is a 16,000 square foot high cube warehouse on a 54,450 square foot, M-1 zoned lot, located on Northpark Drive, along I-25 now for sale. It generates $92,400 per year in modified gross income ($79,000 NOI). The asking price is only $925,000 (an 8.5% cap rate). The roof is in very good condition and the parking lot has just been resurfaced. We are not aware of any physical plant deferred-maintenance. The only real Landlord expense is tax ($11,112) & insurance ($2,285). There are 2 new, high-value 5 year leases in place with each tenant’s rent increasing each and every year.
Property Address: 4850 Northpark Dr, Colorado Springs CO 80918
Cost: $925,000- Building Info
- Buildings: 1
- Stories: 1
- Rental Info
- Ideal Use: Warehouse/Distribution
- Status: For sale
- Sales Term: Cash to Seller
- Price: $925,000
- Unit Price: $57.81 Per SF
- Renters Information
NOTE: Please contact with Timothy Leigh if you want to get more accurate details about pricing and availability of industrial property For sale.
4850 Northpark Dr, Colorado Springs, CO 80918 industrial For sale on GoogleMaps
industrial property details
- Type: industrial
- Address: 4850 Northpark Dr
- City: Colorado Springs
- State: CO
- County: El Paso
- Zip-Code: 80918
- Updated: 11/22/12
All information about industrial property For sale that located on 4850 Northpark Dr, Colorado Springs, CO 80918 was obtained from reliable sources, but we cannot guarantee that all data about pricing, details of the building and property was completed without error or has not been changed without notice or withdrawal without notice. If you want to get complete and actual information, please contact with agents.
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