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Galley Business Park - 5015 Galley Road

Off-Market

5015 Galley Road, Colorado Springs, CO 80915

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  • Property Type Industrial - Manufacturing
  • Property Size 25,376 Sqft
  • Lot Size 2.36 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1983

Location

  • City Colorado Springs, CO
  • Neighborhood Rustic Hills
  • Zip Code 80915
  • 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 31 May, 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
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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 $39,874
  • Market Value $2,004,515
  • Assessed Value $2,004,515

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

Frequently Asked Questions

What is the total square footage of Galley Business Park - 5015 Galley Road?

Galley Business Park - 5015 Galley Road totals 25,376 square feet.

When was this property built?

Galley Business Park - 5015 Galley Road was built in 1983.

When was Galley Business Park - 5015 Galley Road last sold?

Galley Business Park - 5015 Galley Road was last sold on 31 May, 2016.

What is the property tax for Galley Business Park - 5015 Galley Road?

The property tax for Galley Business Park - 5015 Galley Road in 2020 was $39,874.

What is the market value for Galley Business Park - 5015 Galley Road?

The market value for Galley Business Park - 5015 Galley Road in 2020 was $2,004,515.

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