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705 Nichols Blvd

Off-Market

705 Nichols Blvd, Colorado Springs, CO 80907

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 36,168 SF
  • Lot Size 1.26 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1971

Location

  • Walk Score ® Somewhat Walkable (60)
  • Transit Score ® Some Transit (30)
  • Bike Score ® Bikeable (57)
Powered by Walk Score ®
  • City Colorado Springs, CO
  • Neighborhood Cragmoor
  • Zip Code 80907
  • Market Denver

Points of Interest

Manitou Springs

6.65 miles

7-Eleven

0.59 miles

Domino's EV Charger

0.64 miles

7-Eleven

2.45 miles

ChargePoint

2.67 miles

ChargePoint

2.81 miles

7-Eleven

3.17 miles

ChargePoint

3.28 miles

Conoco

4.57 miles

Tesla Supercharger

4.68 miles

ChargePoint

4.88 miles

E-1

2.26 miles

W-4

2.41 miles

W-6

2.55 miles

Edmundson Trailhead

3.55 miles

Old Colorado City Surface Lot

3.72 miles

P6

3.82 miles

P12

3.97 miles

South 31st Lot

4.00 miles

Pulloff Number 3

6.07 miles

BLDG 1 WEST LOT

6.51 miles

Village Inn

1.51 miles

cowboy Star

1.61 miles

Jimmy John's

1.87 miles

The Perk Downtown

3.41 miles

Subway

3.47 miles

Wendy's

3.50 miles

Natural Fresh

3.65 miles

Boston Market

3.83 miles

COATI

3.89 miles

Shugas

4.04 miles

Kohl's

1.53 miles

Target

2.34 miles

Big Lots

2.62 miles

Save-A-Lot

3.07 miles

Safeway

3.38 miles

Citadel Mall

3.76 miles

Walmart Supercenter

3.80 miles

Midland Roundhouse

3.85 miles

Natural Grocers

3.99 miles

Ross

4.20 miles

Walgreens

0.65 miles

Penrose Hospital

1.22 miles

Centura Health Pharmacy at Penrose Hospital

1.24 miles

Colorado Springs Fire Department Station 6

1.38 miles

Colorado Springs Fire Department Station 9

1.70 miles

PFC Floyd K. Lindstrom Outpatient Clinic at Colorado Springs

1.80 miles

UCHealth Urgent Care - Garden of the Gods

1.88 miles

UCHealth Grandview Hospital

2.06 miles

Colorado Springs Fire Department Station 2

2.07 miles

Walgreens

2.19 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 13 Jun, 2016
  • Purchase Price
  • Arm's Length True
  • Buyer Name

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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

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

Tax

  • Property Tax in 2021 $29,211
  • Market Value* $1,685,495
  • Assessed Value $1,685,495

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 705 Nichols Blvd?

705 Nichols Blvd totals 36,168 square feet.

When was this property built?

705 Nichols Blvd was built in 1971.

When was 705 Nichols Blvd last sold?

705 Nichols Blvd was last sold on 13 Jun, 2016.

What is the property tax for 705 Nichols Blvd?

The property tax for 705 Nichols Blvd in 2021 was $29,211.

What is the market value for 705 Nichols Blvd?

The market value* for 705 Nichols Blvd in 2021 was $1,685,495.
*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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