5755 Industrial Pl, Colorado Springs, CO 80916

This is a very clean [8 unit] 15,341 sf industrial building on a 65,775 sf lot located at the main entrance to Peterson Air Force Base. We bought this property in 2005 as a long-term, portfolio investment and have managed it accordingly by reinvesting our cash-flow into the property by way of Tenant and Capital Improvement. The building has continuously remained fully-leased because we keep our rents below normal market rates.

We’re asking $1,125,000, [a 7% cap rate on the current NOI ($81,000)]. Increasing each rental unit’s rent just $100 per month would substantially increase the return. And because our rents are low, that should be easily accomplished. Taxes are $12,519; insurance is $1,935. There is no deferred maintenance that we’re aware of.

If you’re looking for a value-add, low risk commercial real estate investment with upside, this is it!