Contacts
SharpLaunch
SharpLaunch
Property Details
- Property Type Office
- Additional Rent Contact for pricing
- Date Updated Dec 20, 2024
Cushman & Wakefield, as exclusive advisor for the Seller, is pleased to present the opportunity to acquire the fee simple interest in Aerotech Flex/R&D; a single-story flex/office, research and development asset extremely well located within the premier Southeast/Airport submarket adjacent to Peterson Space Force Base in Colorado Springs, CO (Property). Aerotech Flex/R&D comprises 75,964 square feet across two buildings and is 100% leased to a strong tenant roster anchored by the U.S. Government and government contractors with 58% of the current rent roll in the Aerospace & Defense industry. Constructed in 1985, the Property features high-quality construction, flexible floor plates and quick connection to all military installations in Colorado Springs.
Aerotech Flex/R&D provides investors with a unique opportunity to acquire durable in-place cash flow with upside in increasing lease rates to market upon rollover. Located in the second largest aerospace economy in the country, Aerotech Flex/R&D features immediate access to both the west and north gates of Peterson Space Force Base which houses Space Command, as well as US Northern Command and North American Aerospace Defense Command (NORAD), making it one of the most desirable locations in all of Colorado and the country for government contractors. Colorado Springs’ rapidly growing economy and population growth is highly diversified across many industry sectors including Aerospace, Military & Defense, Technology, Healthcare and Education. Access to Colorado’s Front Range, proximity to Denver, low-cost housing and business operation and educated workforce are all contributing factors to one of the most robust growth markets in the country.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Dependable In-Place Cash Flow Anchored by GSA/Aerospace & Defense Industry with Significant Upside
- SCIF (Mission Critical) Located in Select Tenant Suites
- Exceptional Location & Space Force Base Access
- Proximity to Five Major Military Installations
- High Quality Construction & Flexible Floor Plates with Additional Loading Potential
- Strong Submarket Fundamentals, Lack of Available Space
- Area Amenities
- Significant Discount to Replacement Cost
- Net Lease Market
- Strong Colorado Springs Growth Market, Low Cost Alternative to Denver
Getting around
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Location
- City Colorado Springs, CO
- Neighborhood Mahaffie - Westerfield
- Zip Code 80916
- Market Kansas City
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.