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Westgate at Powers - Building 2

Off-Market

SWC East Pikes Peak Avenue & South Troy Hill Road, Colorado Springs, CO 80916

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

  • Property Type Office - Flex - Office
  • Property Size 57,725 Sqft
  • Lot Size 12.89 Acre
  • Parking Spaces Avail. 248
  • Parking Ratio 4.30/ 1,000 SF

Location

  • City Colorado Springs, CO
  • Neighborhood Eastborough
  • Zip Code 80916
  • Market Denver

Contacts

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Owner

  • True Owner
  • Registered Owner

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.

  • 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 $8,446
  • Market Value $280,476
  • Assessed Value $280,476

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

Frequently Asked Questions

What is the total square footage of Westgate at Powers - Building 2?

Westgate at Powers - Building 2 totals 57,725 square feet.

What is the property tax for Westgate at Powers - Building 2?

The property tax for Westgate at Powers - Building 2 in 2020 was $8,446.

What is the market value for Westgate at Powers - Building 2?

The market value for Westgate at Powers - Building 2 in 2020 was $280,476.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.