Listed by NAI Highland, LLC
$14,495,000
4615-4619 Foreign Trade Zone Blvd
Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 85,176
Cap Rate 7.50%
NOI $1,083,419
Occupancy 100%
Tenancy Single
Rent Bumps Yes
Price per SqFt $170
Buildings 2
Stories 1
Acreage 6.390
Industrial | 7.50% CAP | 85,176 SqFt
Marketing description
85,176 SF Fully Leased Office Warehouse
Campus. Substantial improvements made by
Tenant. National Long-Term Credit Tenant - L3
Harris. Located in a fast growing area of
Colorado Springs. Annual Rent Increases.
Investment highlights
- 100% Leased to L3 Harris Corp., a Fortune 500 Aerospace Defense Company
- Stock Symbol LHX
- Initial occupancy 2008
- Lease recently extended through January 2029
- Excellent Investment with Long-Term Tenant in Rapidly Growing Area
- Population of 770,000 (El Paso County)
- Home of U.S. Peterson Space Force Base, Falcon Air Force Station, Fort Carson Army Base & U.S. Air Force Academy
- Building: Westport Buildings
- Improvements: Two Buildings 85,176 SF
- Land area: 6.4 Acres
- Location: Colorado Springs | El Paso County
- Fully Fenced
- Several Tenant Funded Improvements/ SCIF Areas
- Land (SF): 278,348 SF
Listing Contacts
Listed by NAI Highland, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,083,419.00
$90,284.92/mo
Valuation Metrics
0
DSCR
7.47%
Cap Rate
7.47%
ROI
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