9970 Federal Drive

Off-Market

9970 Federal Drive, Colorado Springs, CO 80921

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

  • Property Type Industrial - R&D - Industrial
  • Property Size 144,340 SF
  • Lot Size 17.01 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1987

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 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
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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 ®

    17/100 Car-Dependent
  • Bike Score ®

    32/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Colorado Springs, CO
  • Neighborhood Interquest
  • Zip Code 80921
  • Market Denver

Points of Interest

  • Kum & Go

    0.43 miles

  • Sinclair

    0.51 miles

  • Conoco

    0.61 miles

  • Kum & Go

    0.62 miles

  • Kum & Go

    1.83 miles

  • Conoco

    2.19 miles

  • Valero

    2.38 miles

  • Valero

    2.59 miles

  • Shell

    2.69 miles

  • Loaf 'N Jug

    2.70 miles

  • Victory Ridge Parking Garage

    0.53 miles

  • Ice Lake Trailhead

    2.45 miles

  • Lee Lake

    2.54 miles

  • Rampart Park

    2.64 miles

  • Falcon Trail

    2.86 miles

  • North Gate Trailhead

    3.55 miles

  • Edmundson Trailhead

    3.62 miles

  • Parallel Parking

    3.64 miles

  • Park and Ride

    3.74 miles

  • Trailhead Parking

    3.88 miles

  • Jimmy John's

    0.45 miles

  • Omelets Etc.

    0.45 miles

  • Anthony's Pizza and Pasta

    0.45 miles

  • Atmosphere Gastropub

    0.45 miles

  • Fuzzy's Taco Shop

    0.46 miles

  • In-N-Out Burger

    0.51 miles

  • Chipotle

    0.51 miles

  • Torchy's Tacos

    0.53 miles

  • McDonald's

    0.53 miles

  • Burger King

    0.54 miles

  • Walmart Supercenter

    2.35 miles

  • Chapel Hills Mall

    2.51 miles

  • King Soopers

    2.82 miles

  • Ross

    2.89 miles

  • Whole Foods Market

    2.89 miles

  • Target

    3.05 miles

  • Sprouts Farmers Market

    3.05 miles

  • Natural Grocers

    3.12 miles

  • Marshalls

    3.45 miles

  • King Soopers

    3.64 miles

  • Professional Pharmacy

    1.85 miles

  • Colorado Springs FD Sta19

    1.97 miles

  • Colorado Springs Fire Department Station 19

    1.97 miles

  • Walmart Pharmacy

    2.36 miles

  • Safeway

    2.52 miles

  • Colorado Springs Police Department Falcon Division

    2.56 miles

  • Colorado Springs FD Sta 22

    2.63 miles

  • Memorial Hospital North

    2.78 miles

  • King Soopers Pharmacy

    2.82 miles

  • Children’s Colorado Urgent and Outpatient Specialty Care at Briargate, Colorado Springs

    2.91 miles

Frequently Asked Questions

What is the total square footage of 9970 Federal Drive?

9970 Federal Drive totals 144,340 square feet.

When was this property built?

9970 Federal Drive was built in 1987.

What is the property tax for 9970 Federal Drive?

The property tax for 9970 Federal Drive in 2022 was $263,149.

What is the market value for 9970 Federal Drive?

The market value* for 9970 Federal Drive in 2022 was $13,071,330.
*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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