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Garden of the Gods Business Park

Off-Market

2424 Garden of the Gods Road, Colorado Springs, CO 80919

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  • Property Type Office - General Office
  • Property Size 724,086 SF
  • Lot Size 61.62 Acre
  • Parking Spaces Avail. 3613
  • Parking Ratio 4.99 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1983

Location

  • Walk Score ® Car-Dependent (28)
  • Transit Score ® Minimal Transit (24)
  • Bike Score ® Very Bikeable (74)
Powered by Walk Score ®
  • City Colorado Springs, CO
  • Neighborhood Mountain Shadows
  • Zip Code 80919
  • Market Denver

Points of Interest

Manitou Springs

4.38 miles

Kum & Go

1.06 miles

ChargePoint

1.99 miles

Shell

2.40 miles

Domino's EV Charger

3.04 miles

Sinclair

3.24 miles

7-Eleven

3.33 miles

Valero

3.76 miles

eVgo

4.59 miles

Tesla Supercharger

5.04 miles

ChargePoint

5.28 miles

P12

1.98 miles

Lot 228

3.74 miles

FW-2

4.13 miles

W-6

4.42 miles

W-8

4.58 miles

Ice Lake Trailhead

4.59 miles

E-4

4.63 miles

City Administration Building Parking Garage

5.45 miles

El Paso County Parking Structure - Costilla Garage

5.60 miles

Stanley Canyon Trailhead

6.29 miles

Hotel San Ayre by Bud+Breakfast

3.08 miles

Mountainscape Hotel

3.10 miles

Rainbow Motel Colorado Springs

3.11 miles

La Fon Motel

3.13 miles

Red Crags Bed and Breakfast

3.25 miles

Garden of the Gods Motel

3.37 miles

Spruce Lodge

3.46 miles

Amarillo Motel

3.49 miles

Waltons Mountain Lodge

3.77 miles

Holden House 1902 Bed & Breakfast Inn

4.68 miles

cowboy Star

2.88 miles

Monica's Taco Shop

3.27 miles

McDonald's

5.31 miles

Marco's Pizza

5.33 miles

Josh and John's

5.34 miles

Lucky Dumpling

5.52 miles

COATI

5.74 miles

Papa Murphy's

6.06 miles

Doug's Breakfast & Lunch

6.18 miles

Wendy's

6.29 miles

Chipeta Elementary School

0.47 miles

Trailblazer Elementary School

1.43 miles

Andrew Jackson Elementary School

1.86 miles

Irving Howbert Elementary School

2.35 miles

CIVA Charter High School

2.51 miles

Heller Guest House

3.72 miles

IBMC College

3.82 miles

Gateway Hall

3.82 miles

Gallery of Contemporary Art

4.02 miles

Gallogly Events Center

4.03 miles

Alpine Autism Center

0.47 miles

Sunshine Learning Center

4.55 miles

Cheryl Schlessman Bennett Children's Center

4.64 miles

Early Connections Learning Center

5.23 miles

La Petite Academy

5.48 miles

KinderCare

5.90 miles

Northwoods KinderCare

6.66 miles

The Learning Experience

6.90 miles

Playroom Drop-In Childcare

7.10 miles

Creekside Daycare

7.15 miles

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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Documents

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Sales

  • Purchase Date 20 Jun, 2018
  • 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

Tax

  • Property Tax in 2021 $704,703
  • Market Value* $40,661,498
  • Assessed Value $40,661,498

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 Garden of the Gods Business Park?

Garden of the Gods Business Park totals 724,086 square feet.

When was this property built?

Garden of the Gods Business Park was built in 1983.

When was Garden of the Gods Business Park last sold?

Garden of the Gods Business Park was last sold on 20 Jun, 2018.

What is the property tax for Garden of the Gods Business Park?

The property tax for Garden of the Gods Business Park in 2021 was $704,703.

What is the market value for Garden of the Gods Business Park?

The market value* for Garden of the Gods Business Park in 2021 was $40,661,498.
*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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