www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
21462396
29980314

1445 N Union Blvd, Colorado Springs, CO 80909

RR
FA40047227
RE/MAX Properties, Inc
Listed by RE/MAX Properties, Inc
$1,240,000
1007 days on market
Updated 39 days ago

The Brooks Building | 1445 N Union Blvd | Colorado Springs

Details
APN 6409208052
Property Type Office
Sub Type Traditional Office
Square Footage 7,113
Net Rentable (SqFt) 7,113
Cap Rate 8.14%
NOI $101,392
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 5.2
Lease Expiration 08/31/2029
Remaining Term 3.2
Class C
Year Built 1985
Year Renovated 2024
Buildings 1
Stories 2
Acreage 0.547
Zoning OR
Parking Spaces 2 per 1,000 sq ft
Investment Type Stabilized
Lease Commencement 07/01/2024

Investment Opportunity

Marketing description

High-yield, fully leased office investment offering an attractive 8.14% cap rate and stable cash flow. This 7,113 SF two-tenant professional building is leased under NNN structures, providing predictable income with limited landlord responsibilities. Strategically located at the signalized intersection of N Union Blvd and Palmer Park Blvd with over 31,000 vehicles per day, the property offers excellent visibility, strong tenant retention potential, and long-term investment stability in one of Colorado Springs’ most central corridors.

Contact Rob Rolley at (719) 235-7499 or email him at [email protected] for more information.

Investment highlights

High-Yield Stabilized Investment – 8.14% Cap Rate providing immediate and reliable cash flow
Fully Leased with In-Place Income – 100% occupied by two established professional tenants
NNN Lease Structure Reduces Owner Responsibilities – expense pass-through supports passive ownership
Signalized Hard Corner Location at N Union Blvd & Palmer Park Blvd with exceptional visibility
High-Exposure Asset with 31,000+ Vehicles Per Day enhancing long-term tenant stability and desirability
Strategically Located in Colorado Springs’ Central Core with direct access to Downtown and Interstate 25
Well-Maintained Institutional-Quality Professional Building totaling 7,113 SF on a landscaped 0.47-acre lot
Strong Private Investor Profile – ideal for 1031 exchange, passive income, or long-term hold strategies
Established Office Corridor with Proven Demand Fundamentals supporting continued occupancy stability
Attractive Basis Compared to Replacement Cost offering long-term value preservation and upside protection

Listing Contacts

RR
FA40047227
RE/MAX Properties, Inc
Listed by RE/MAX Properties, Inc

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$101,392.00
$8,449.33/mo

Valuation Metrics

0
DSCR
8.18%
Cap Rate
8.18%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591