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.
31772416
31772412

8955 Drennan Rd, Colorado Springs, CO 80925 For Sale

HM
CO FA.100084547
Cushman & Wakefield Colorado Springs Commercial
AH
CO FA100007326
Cushman & Wakefield Colorado Springs Commercial
Listed by Cushman & Wakefield Colorado Springs Commercial
$5,900,000
91 days on market
Updated 91 days ago

Drennan R&D

Details
Property Type Office, Industrial
Sub Type Warehouse, R&D
Square Footage 45,251
Tenancy Multi
Lease Type NNN
Price per SqFt $130
Year Built 1984
Acreage 10.000
Zoning I-2 CAD-O
Parking Spaces 178 spaces
Parking per 1,000 SqFt 3.93
Investment Type Owner/User
Ceiling Height 14'
Dock High Doors 3

8955 Drennan Rd, Colorado Springs, CO 80925

Marketing description

Positioned on a full 10-acre site in the heart of Colorado Springs' established industrial corridor, 8955 Drennan Road offers a rare opportunity for both sale or lease, delivering a highly functional, stand-alone facility with scale, flexibility, and strong regional connectivity. The ±45,251 SF building supports a wide range of users, featuring a balanced mix of dock-high and grade-level loading, 3-phase power, and climate-controlled space throughout—well-suited for office, R&D, light industrial, or specialized government-oriented operations.

Formerly the L3Harris campus—a Department of Defense contractor—the property was purpose-built with security and performance in mind. Concrete wall construction and secured access points lend themselves to potential SCIF applications or other high-security uses. The interior buildout is equally robust, offering 54 hardwall offices, a large open office area designed for collaborative workflows, and an oversized breakroom capable of supporting a sizable workforce. This existing infrastructure allows for immediate occupancy while still providing flexibility for future reconfiguration.

The expansive 10-acre site includes excess land, creating a unique opportunity for outdoor storage, fleet parking, equipment staging, or future expansion. The site layout supports efficient circulation and functionality, making it ideal for users requiring both building and yard capabilities in one location. Positioned at a lighted intersection, the property benefits from excellent access and visibility, with convenient connectivity to major arterial routes including Powers Boulevard.

Strategically located near Peterson Space Force Base, Colorado Springs Airport, and a strong cluster of aerospace and defense users, the property is well positioned for companies seeking proximity to key regional demand drivers.

8955 Drennan Road presents a compelling opportunity for an owner-user or tenant seeking control, security, and scalability in one of Colorado Springs' most active and infrastructure-rich industrial submarkets.

Investment highlights

  • For Sale or Lease | 45,251 SF Office/Warehouse
  • Purchase Price: $5,900,000 ($130.38/SF)
  • Expenses: $8.48 per RSF (2026 Est.)
  • 10 AC Site Area
  • Year Built: 1984
  • Clear Height: 14'
  • (1) 10'x10' Grade Level Loading
  • (2) 8'x8' Dock-High Loading
  • Zoning: I-2 CAD-O
  • Parking: 3.95:1,000 RSF / 178 Spaces
  • Power: 3600A/480V 3Phase
  • Climate Controlled: HVAC & (4) Forced Gas
  • Fire Suppression: Wet
  • Monument Signage
  • 54 Hardwall Offices
  • 2 Satellite Pads
  • Video Link: https://vimeo.com/1184122731?share=copy&fl=sv&fe=ci

Listing Contacts

HM
CO FA.100084547
Cushman & Wakefield Colorado Springs Commercial
AH
CO FA100007326
Cushman & Wakefield Colorado Springs Commercial
Listed by Cushman & Wakefield Colorado Springs Commercial

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
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

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