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Center City Plaza

Off-Market

455 East Pikes Peak Avenue, Colorado Springs, CO 80903

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  • Property Type Office - General Office
  • Property Size 39,388 Sqft
  • Lot Size 1.66 Acre
  • Parking Spaces Avail. 157
  • Parking Ratio 4.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985

Location

  • City Colorado Springs, CO
  • Neighborhood Old North End
  • Zip Code 80903
  • Market Denver

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 14 Feb, 2013
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Origination 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 (Sqft)

Colorado Springs Office Sales Trends

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

  • 2020 Avg. Price per Sqft $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 2020 $72,282
  • Market Value $3,386,786
  • Assessed Value $3,386,786

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

Frequently Asked Questions

What is the total square footage of Center City Plaza?

Center City Plaza totals 39,388 square feet.

When was this property built?

Center City Plaza was built in 1985.

When was Center City Plaza last sold?

Center City Plaza was last sold on 14 Feb, 2013.

What is the property tax for Center City Plaza?

The property tax for Center City Plaza in 2020 was $72,282.

What is the market value for Center City Plaza?

The market value for Center City Plaza in 2020 was $3,386,786.

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