Briargate Tech

Off-Market

2375 Telstar Drive, Colorado Springs, CO 80920

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 95,392 SF
  • Lot Size 8.73 Acre
  • Parking Spaces Avail. 476
  • Parking Ratio 5.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1997

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 06 Aug, 2018
  • 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 ®

    39/100 Car-Dependent
  • Transit Score ®

    23/100 Minimal Transit
  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City Colorado Springs, CO
  • Neighborhood Briargate
  • Zip Code 80920
  • Market Denver

Points of Interest

  • Kum & Go

    0.33 miles

  • Diamond Shamrock

    0.97 miles

  • Valero

    1.01 miles

  • Shell

    1.11 miles

  • Valero

    1.14 miles

  • Conoco

    1.34 miles

  • Sam's Club

    1.65 miles

  • eVgo

    1.75 miles

  • King Soopers Gas

    1.81 miles

  • Diamond Shamrock

    1.84 miles

  • Rampart Park

    0.82 miles

  • Victory Ridge Parking Garage

    2.16 miles

  • Edmundson Trailhead

    2.35 miles

  • Trailhead Parking

    2.39 miles

  • Park and Ride

    2.42 miles

  • Lee Lake

    2.50 miles

  • Ice Lake Trailhead

    2.52 miles

  • Parallel Parking

    2.62 miles

  • Puplit Rock Trailhead Parking

    3.04 miles

  • Library Overflow Parking

    3.24 miles

  • Homewood Suites by Hilton Colorado Springs North

    0.57 miles

  • Hilton Garden Inn Colorado Springs

    0.63 miles

  • Howard Johnson

    0.78 miles

  • Howard Johnson Colorado Springs

    0.79 miles

  • Days Inn by Wyndham Colorado Springs Air Force Academy

    0.94 miles

  • Super 8 Colorado Springs/AFA Area

    0.98 miles

  • Plaza Inn

    0.99 miles

  • The Academy Hotel Colorado Springs

    1.11 miles

  • Comfort Suites Colorado Springs

    1.16 miles

  • Econo Lodge North Academy

    1.19 miles

  • Panera Bread

    0.47 miles

  • Smashburger

    0.50 miles

  • Biaggi's

    0.50 miles

  • Ted's Montana Grill

    0.51 miles

  • Bad Daddy's Burger Bar

    0.51 miles

  • Einstein Bros. Bagels

    0.52 miles

  • Modern Market

    0.52 miles

  • Menya

    0.52 miles

  • Basil & Barley Pizzeria Napoletana

    0.53 miles

  • P.F. Chang's

    0.53 miles

  • Aspen Valey High School

    0.49 miles

  • High Plains Elementary School

    0.79 miles

  • Mountain Ridge Middle School

    0.83 miles

  • The Classical Academy Central Elementary

    0.83 miles

  • Rampart High School

    1.03 miles

  • Academy International Elementary School

    1.28 miles

  • DeVry University

    1.37 miles

  • Academy Endeavour Elementary School

    1.50 miles

  • Mountain View Elementary School

    1.50 miles

  • Challenger Middle School

    1.64 miles

  • Playroom Drop-In Childcare

    1.27 miles

  • Sunshine Learning Center

    2.03 miles

  • Northwoods KinderCare

    2.19 miles

  • The Learning Experience

    2.32 miles

  • La Petite Academy

    2.47 miles

  • KinderCare

    3.23 miles

  • Sunshine House Of Colorado Springs

    5.31 miles

  • Alpine Autism Center

    6.06 miles

  • First Step Preschool

    6.09 miles

  • La Petite Academy

    6.23 miles

Frequently Asked Questions

What is the total square footage of Briargate Tech?

Briargate Tech totals 95,392 square feet.

When was this property built?

Briargate Tech was built in 1997.

When was Briargate Tech last sold?

Briargate Tech was last sold on 06 Aug, 2018.

What is the property tax for Briargate Tech?

The property tax for Briargate Tech in 2021 was $159,615.

What is the market value for Briargate Tech?

The market value* for Briargate Tech in 2021 was $7,621,647.
*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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