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4020 Palmer Park Blvd

Off-Market

4020 Palmer Park Blvd, Colorado Springs, CO 80909

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  • Property Type Office - General Office
  • Property Size 25,632 SF
  • Lot Size 2.02 Acre
  • Parking Spaces Avail. 128
  • Parking Ratio 5.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1971

Location

  • Walk Score ® Somewhat Walkable (57)
  • Transit Score ® Some Transit (29)
  • Bike Score ® Bikeable (56)
Powered by Walk Score ®
  • City Colorado Springs, CO
  • Neighborhood Rustic Hills
  • Zip Code 80909
  • Market Denver

Points of Interest

Manitou Springs

9.60 miles

Conoco

0.05 miles

Valero

0.28 miles

Sinclair

0.43 miles

North Murray Gas

0.63 miles

Shell

0.89 miles

Kum & Go

0.90 miles

Shell

1.04 miles

Kum & Go

1.29 miles

Conoco

1.34 miles

Shell

1.36 miles

Peak Vista Overflow Parking

1.54 miles

Parking Lot 17

1.59 miles

Parking Areas 27 & 28

1.64 miles

Parking Area 26

1.69 miles

Parking Area 25

1.79 miles

Parking Lot 18

1.80 miles

Parking Lot 16

1.83 miles

Yucca Flats

2.02 miles

TRAIL HEAD

2.06 miles

Parking Area 30

2.13 miles

Ramada

0.98 miles

Satellite Hotel

2.24 miles

Cortina residence hall

2.38 miles

Innsbruck residence hall

2.39 miles

Oslo residence hall

2.40 miles

William E. Simon athlete residence hall

2.44 miles

F. Don Miller athlete residence hall

2.48 miles

Value Place

2.57 miles

Residence Inn Colorado Springs First & Main

2.59 miles

Holiday Inn

2.72 miles

Grand Gyros

0.06 miles

Subway

0.17 miles

Tan Phat Vietnamese Restaurant

0.21 miles

Natural Fresh

0.21 miles

Pho 54

0.22 miles

House of Yakitori

0.24 miles

First Wok Chinese Restaurant

0.27 miles

Musashi Japanese Restaurant

0.27 miles

Taco Bell

0.28 miles

Arby's

0.33 miles

Thomas MacLaren School

0.38 miles

General William Mitchell High School

0.43 miles

Woodrow Wilson Elementary School

0.45 miles

Holy Cross Lutheran School

0.47 miles

James Madison Elementary School

0.57 miles

Independent Electrical Contractors Trade School

0.77 miles

Mark Twain Elementary School

0.80 miles

Tesla Educational Opportunity School

1.05 miles

Patrick Henry Elementary School

1.09 miles

Jack Swigert Aerospace Academy

1.32 miles

inbloom Autism Services

1.75 miles

La Petite Academy

2.63 miles

Child Development Center

3.14 miles

Primrose School of Springs Ranch

3.14 miles

Little Tykes Learning Center

3.34 miles

Cheryl Schlessman Bennett Children's Center

3.68 miles

KinderCare

4.21 miles

Early Connections Learning Center

4.30 miles

La Petite Academy

4.92 miles

Northwoods KinderCare

5.66 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 10 Jul, 2017
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Colorado Springs

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Colorado Springs Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $21.08
  • 2020 Office Vacancy Rate 14.71%
  • 2020 Office Completions (SF)

Colorado Springs Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $155.39
  • Y-o-Y Avg. PpSF Change 24.17%
  • 2020 Office Sales Volume $159M
  • 2020 Number of Transactions 14
View more Colorado Springs market trends

Tax

  • Property Tax in 2021 $18,963
  • Market Value* $1,094,192
  • Assessed Value $1,094,192

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 4020 Palmer Park Blvd?

4020 Palmer Park Blvd totals 25,632 square feet.

When was this property built?

4020 Palmer Park Blvd was built in 1971.

When was 4020 Palmer Park Blvd last sold?

4020 Palmer Park Blvd was last sold on 10 Jul, 2017.

What is the property tax for 4020 Palmer Park Blvd?

The property tax for 4020 Palmer Park Blvd in 2021 was $18,963.

What is the market value for 4020 Palmer Park Blvd?

The market value* for 4020 Palmer Park Blvd in 2021 was $1,094,192.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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