5550 Tech Center Drive

Off-Market

5550 Tech Center Drive, Colorado Springs, CO 80919

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 67,000 SF
  • Lot Size 4.77 Acre
  • Parking Spaces Avail. 247
  • Parking Ratio 3.70 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1982

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 09 Feb, 2010
  • 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.

  • 2021 Avg. Asking Rent $22.55
  • 2021 Office Vacancy Rate 15.36%
  • 2021 Office Completions (SF) 414,930

Colorado Springs Office Sales Trends

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

  • 2021 Avg. Price per SF $180.86
  • Y-o-Y Avg. PpSF Change 9.36%
  • 2021 Office Sales Volume $338.5M
  • 2021 Number of Transactions 24
View more Colorado Springs market trends

Location

Getting Around

  • Walk Score ®

    23/100 Car-Dependent
  • Transit Score ®

    18/100 Minimal Transit
  • Bike Score ®

    23/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Colorado Springs, CO
  • Neighborhood Pinecliff
  • Zip Code 80919
  • Market Denver

Points of Interest

  • Manitou Springs

    6.68 miles

  • 7-Eleven

    0.29 miles

  • Costco Gasoline

    0.66 miles

  • Exxon

    1.04 miles

  • Shell

    1.09 miles

  • Conoco

    1.09 miles

  • 7-Eleven

    1.47 miles

  • Kum & Go

    1.64 miles

  • Domino's EV Charger

    1.67 miles

  • 7-Eleven

    1.73 miles

  • Kum & Go

    1.86 miles

  • Puplit Rock Trailhead Parking

    0.98 miles

  • Park and Ride

    1.48 miles

  • Trailhead Parking

    1.52 miles

  • Alpine Parking Garage and Recreation Field

    1.57 miles

  • Edmundson Trailhead

    1.58 miles

  • Ute Valley Trailhead

    1.69 miles

  • Lot 432

    1.83 miles

  • Lot 230

    1.89 miles

  • Lot 228

    1.98 miles

  • Parking Garage

    2.00 miles

  • Colorado Springs Marriott

    0.09 miles

  • Hyatt House Colorado Springs

    0.42 miles

  • Extended Stay America - Colorado Springs - West

    0.78 miles

  • InTown Suites

    0.86 miles

  • Days Inn by Wyndham Colorado Springs/Garden of the Gods

    0.89 miles

  • Super 8 Garden of the Gods

    0.98 miles

  • Baymont

    1.00 miles

  • Quality Inn & Suites

    1.14 miles

  • La Quinta Inn Colorado Springs Garden of the Gods

    1.15 miles

  • Comfort Inn North - Air Force Academy Area

    1.17 miles

  • cowboy Star

    0.78 miles

  • Il Vicino Wood Oven Pizza - University Village Colorado Springs

    0.79 miles

  • Urban Egg A daytime eatery

    0.81 miles

  • Panera Bread

    0.82 miles

  • Noodles & Company

    0.85 miles

  • Smashburger

    0.85 miles

  • Hacienda Colorado

    0.85 miles

  • Keva Juice

    0.86 miles

  • BJ's

    0.89 miles

  • Chipotle

    0.92 miles

  • CIVA Charter High School

    0.92 miles

  • Mountain Lion Fieldhouse

    0.97 miles

  • Colorado Technical University

    1.31 miles

  • Rockrimmon Elementary School

    1.39 miles

  • Eagleview Middle School

    1.40 miles

  • Heller Center for Arts & Humanities

    1.44 miles

  • Heller Guest House

    1.44 miles

  • Salem Lutheran School

    1.44 miles

  • Foothills Elementary School

    1.46 miles

  • Heller Studio

    1.46 miles

  • Sunshine Learning Center

    2.15 miles

  • Alpine Autism Center

    2.64 miles

  • La Petite Academy

    3.04 miles

  • KinderCare

    3.52 miles

  • Northwoods KinderCare

    4.22 miles

  • The Learning Experience

    4.46 miles

  • Cheryl Schlessman Bennett Children's Center

    4.54 miles

  • Playroom Drop-In Childcare

    4.79 miles

  • Early Connections Learning Center

    5.46 miles

  • La Petite Academy

    6.14 miles

Frequently Asked Questions

What is the total square footage of 5550 Tech Center Drive?

5550 Tech Center Drive totals 67,000 square feet.

When was this property built?

5550 Tech Center Drive was built in 1982.

When was 5550 Tech Center Drive last sold?

5550 Tech Center Drive was last sold on 09 Feb, 2010.

What is the property tax for 5550 Tech Center Drive?

The property tax for 5550 Tech Center Drive in 2021 was $84,339.

What is the market value for 5550 Tech Center Drive?

The market value* for 5550 Tech Center Drive in 2021 was $4,027,209.
*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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