100 S Main Street - Pueblo, CO
Prime Owner User Opportunity | Exceptional Value Add Office Asset | High Quality Construciton
Marketing description
Marcus & Millichap is pleased to present the opportunity to acquire an exceptional office property located at 100 S Main Street Pueblo, CO (“Property” or “Asset”). The Asset consists of a +±66,239 SF office situated on ±4.76 acres. The Asset’s quality construction and adaptability creates a great opportunity for an owner user or value-add investor.
The Asset has been institutionally owned and maintained since it was originally a build-to-suit for AT&T in 2006. In addition to the possibilities provided with the existing office structure, there is future repurposing upside given the high-quality improvements, open layout, 24’ building height, large ±4.76-acre parcel, and favorable HARP-2 (Historic Arkansas Riverwalk of Pueblo) zoning district.
Investment highlights
IMMEDIATE LEASING UPSIDE
The Asset has been occupied by AT&T since its construction in 2006 and has not been offered for lease
Historically low office vacancy rate of 4.4% in the nearby southwest office submarket of Colorado Springs
EXPANSIVE VALUE-ADD REPOSITIONING OPPORTUNITIES UTILIZING EXISITING INFRASTRUCTURE
Single story, concrete frame construction with stacked stone veneer office building developed in 2006
Within a historical district showcasing attractive architectural design
±66,239 SF in a highly functional rectangular shape
AMPLE REPURPOSE OPPORTUNITIES
In addition to office uses, flexible in-place HARP-2 zoning allowing for the following uses:
Art Gallery
General Service
Hotel
Restaurant
Retail sales, general
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