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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29331251
29331270

2502 E Bijou St, Colorado Springs, CO 80909

JC
CO ER.100092537
Peak Commercial Properties
Listed by Peak Commercial Properties
$850,000
134 days on market
Updated 4 days ago

2502 E Bijou Street

Details
APN 6416116081
Property Type Industrial, Office
Sub Type Flex, Traditional Office (+1)
Square Footage 3,678
Net Rentable (SqFt) 3,678
Units 1
Cap Rate 6.7%
NOI $56,950
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 4.2
Lease Expiration 12/31/2029
Remaining Term 3.6
Price per SqFt $231
Broker Co-Op No
Class C
Year Built 1961
Buildings 1
Stories 1
Acreage 0.380
Zoning MX-L
Lease Commencement 11/01/2025
Occupancy Date 11/01/2025
Ownership Investment

Industrial Property Investment | 6.70% CAP

Marketing description

Located in the heart of Colorado Springs, 2502 E Bijou Street presents a compelling investment opportunity with a tenant in place at a 6.7% cap rate. The property is zoned MX-L, offering long-term flexibility across a wide range of uses. The county assessor reflects 3,678 square feet, with an additional 1,248 square feet of functional basement space not included in the recorded square footage. Improvements include a reception area, warehouse space, and an overhead garage door, supporting a variety of operational users. The 0.38-acre site also features fenced and paved outdoor storage or parking, enhancing utility and tenant appeal. This centrally located asset is well suited for retail, office, auto repair, construction sales and services, self storage, and other allowable uses, making it an attractive option for investors seeking stable income with future upside potential.

Investment highlights

Located in the heart of Colorado Springs, 2502 E Bijou Street presents a compelling investment opportunity with a tenant in place at a 6.7% cap rate. The property is zoned MX-L, offering long-term flexibility across a wide range of uses. The county assessor reflects 3,678 square feet, with an additional 1,248 square feet of functional basement space not included in the recorded square footage. Improvements include a reception area, warehouse space, and an overhead garage door, supporting a variety of operational users. The 0.38-acre site also features fenced and paved outdoor storage or parking, enhancing utility and tenant appeal. This centrally located asset is well suited for retail, office, auto repair, construction sales and services, self storage, and other allowable uses, making it an attractive option for investors seeking stable income with future upside potential.

Listing Contacts

JC
CO ER.100092537
Peak Commercial Properties
Listed by Peak Commercial Properties

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$56,950.00
$4,745.83/mo

Valuation Metrics

0
DSCR
6.7%
Cap Rate
6.7%
ROI

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Additional Information

Name
Jason Castro
License
ER.100092537
Brokerage
Peak Commercial Properties
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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