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Colorado Real Estate Q&A Discussion Forum

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Daniel Haberkost
  • Rental Property Investor
  • Colorado Springs, CO
729
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682
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Office Rents - Colorado Springs

Daniel Haberkost
  • Rental Property Investor
  • Colorado Springs, CO
Posted Sep 2 2021, 06:53

I'm working on purchasing my first commercial building here in CO Springs (80909 specifically). I have a residential portfolio but this will be my first commercial buy & hold. 

The building is partially occupied by the current owner who would be moving out with the remainder of the building leased to various mom/pop tenants so this would not be a turnkey deal. I'm getting somewhere in the ballpark of $14ish per sq ft per year for (what I estimate to be) C+ office space. 

Any input on rents and whether my assumptions are accurate or not would be appreciated!

Dan

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