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358 Commercial Real Estate Listings in Colorado Springs, CO

  • Corporate Center at InterQuest - 9910 Federal Drive - Colorado Springs
    9910 Federal Drive, Interquest, Colorado Springs, CO 80921
    For Lease $13.5 - $20/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 51,669 Sqft
  • The Presidio - Colorado Springs
    1155 Kelly Johnson Blvd, Anderosa, Colorado Springs, CO 80920
    For Lease $16.5/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 4,408 Sqft
  • NorthCare at St. Francis - Colorado Springs
    6071 East Woodmen Road, Ridgeview, Colorado Springs, CO 80923
    For Lease $11.99/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 2,620 Sqft
  • InterQuest III & IV - Colorado Springs
    9950 Federal Drive, Interquest, Colorado Springs, CO 80921
    For Lease $13.5/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 20,292 Sqft
  • Tech Center VI - Colorado Springs
    5575 Tech Center Drive, Pinecliff, Colorado Springs, CO 80919
    For Lease $16 - $16.5/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 27,455 Sqft
  • Epic One - Colorado Springs
    10807 New Allegiance Drive, Interquest, Colorado Springs, CO 80921
    For Lease $19/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 6,613 Sqft
  • The Pointe - Colorado Springs
    2233 Academy Place, Village Seven, Colorado Springs, CO 80909
    For Lease $12/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 6,200 Sqft
  • One Gateway Plaza - Colorado Springs
    1330 Inverness Drive, Eastborough, Colorado Springs, CO 80910
    For Lease $16/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 9,805 Sqft
  • 8145 & 8245 North Union Blvd - Colorado Springs
    8245 North Union Blvd, Briargate, Colorado Springs, CO 80920
    For Lease $12.5 - $13.5/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 230,300 Sqft
  • Phoenix Tower - Colorado Springs
    2864 South Circle Drive, Stratton Meadows, Colorado Springs, CO 80906
    For Lease $14/Sqft/Year
    Property
    • Office
    Availability
    • 9 Spaces
    • 75,553 Sqft
  • Citadel Terrace - Colorado Springs
    725 Citadel Drive East, Knob Hill, Colorado Springs, CO 80909
    For Lease $13 - $15/Sqft/Year
    Property
    • Office
    Availability
    • 7 Spaces
    • 9,400 Sqft
  • Patriot at Newport - Colorado Springs
    1055 North Newport Road, Colorado Springs Airport, Colorado Springs, CO 80916
    For Lease $16.5/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 14,212 Sqft
  • Plaza of The Rockies - Colorado Springs
    111 South Tejon Street, Old North End, Colorado Springs, CO 80903
    For Lease $15.5 - $17/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 23,931 Sqft
  • Sun Plaza - Colorado Springs
    104 South Cascade Avenue, Old North End, Colorado Springs, CO 80903
    For Lease $12 - $15/Sqft/Year
    Property
    • Office
    Availability
    • 7 Spaces
    • 24,806 Sqft
  • Academy Corporate Center - Colorado Springs
    5225 North Academy Blvd, Norwood, Colorado Springs, CO 80918
    For Lease $13.5/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 6,838 Sqft
  • Research Corporate Center - Colorado Springs
    8610 Explorer Drive, Pine Creek, Colorado Springs, CO 80920
    For Lease $17.25/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 6,030 Sqft
  • Briargate Medical Center - Colorado Springs
    595 Chapel Hills Drive, Briargate, Colorado Springs, CO 80920
    For Lease $9.95/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 4,179 Sqft
  • Pavilion Medical Center - Colorado Springs
    320 East Fontanero Street, Venetian Village, Colorado Springs, CO 80907
    For Lease $15/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 8,897 Sqft
  • Patriot Park VII - Colorado Springs
    565 Space Center Drive, Rustic Hills, Colorado Springs, CO 80915
    For Lease $17/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 32,181 Sqft
  • Medical Academy Spectrum - Colorado Springs
    2020 North Academy Blvd, East Colorado Springs, Colorado Springs, CO 80909
    For Lease $19.5 - $20.5/Sqft/Year
    Property
    • Office
    Availability
    • 24 Spaces
    • 35,179 Sqft
  • UMB Bank Building - Colorado Springs
    101 North Cascade Avenue, Old North End, Colorado Springs, CO 80903
    For Lease $12 - $30/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 6,511 Sqft
  • Union Medical Campus - 1625 Medical Center Point - Colorado Springs
    1625 Medical Center Point, Cragmoor, Colorado Springs, CO 80907
    For Lease $18/Sqft/Year
    Property
    • Office
    Availability
    • 7 Spaces
    • 23,303 Sqft
  • Woodmen Corporate Center - Colorado Springs
    7150 Campus Drive, Anderosa, Colorado Springs, CO 80920
    For Lease $15 - $15.5/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 19,917 Sqft
  • Briargate Research Center - Colorado Springs
    2025 Research Pkwy, Briargate, Colorado Springs, CO 80920
    For Lease $14.25/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 60,999 Sqft
  • Garden Gateway Plaza - 1365 West Garden of the Gods Road - Colorado Springs
    1365 West Garden of the Gods Road, Kissing Camels, Colorado Springs, CO 80907
    For Lease $12.5/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 27,215 Sqft

Colorado Springs, CO Commercial Real Estate

There are currently 356 commercial listings available in Colorado Springs, CO. These listings include 282 commercial spaces that encompass a total of 1,865,044 square feet. Available commercial spaces in Colorado Springs, CO range in size from 174 square feet to 115,250 square feet. A total of 280 off-market commercial properties located in Colorado Springs, CO are also available for research.

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Colorado Springs, CO Economic Overview

Location Photo

Colorado Springs is the county seat of El Paso county, and, with over 456,000 residents, is the second most populated city in Colorado, right behind Denver. The Colorado Springs Metropolitan Statistical Area has over 712,000 people, placing it in the top 80 MSAs for the country and lies along the Front Range of Colorado, fronting the Rocky Mountains and is also in the Pikes Peak Region of Colorado. Home to the United States Air Force Academy, the defense industry, high-technology, and tourism are the primary drivers of the commercial real estate market in Colorado Springs.

Ranked by Forbes as the 11th-most affordable city in the U.S., the innovative thinking of Colorado Springs has attracted not only the U.S. Air Force to the economy of Colorado Springs, but also numerous other companies, including USAA Insurance, Progressive Insurance, Hewlett Packard Enterprise, Lockheed Martin, and Boeing.

With a median household income of over $56,000 per year and a job base growing by over 3% annually, the City of Colorado Springs has received numerous awards recognizing its business-friendly environment, such as #1 Mid-Sized American City for Human Capital and Lifestyle by fDi Intelligence, the #2 Most Desirable Place To Live by U.S. News & World Report, the #2 Best City for Veterans by Livability.com, and was included in the Top 10 Hottest Real Estate Markets to Watch.

Colorado Springs, CO Commercial Real Estate Market

The growth of the Colorado Springs commercial real estate market is driven by the military, high-technology, clean technology, tourism, along with an increasing number of businesses in the information technology, sports, customer service, financial services, medical innovation and technology, semiconductor manufacturing, and specialty metal manufacturing. All in all, Colorado Springs boasts one of the most diverse commercial real estate markets in the west and midwest.

Amongst its eight submarkets, there is nearly 34 million square feet of industrial inventory in Colorado Springs. The North, Northeast, and Southeast industrial submarkets account for nearly two-thirds of the industrial space in the market with vacancy rates running just over 9%. With industrial vacancy rates in Colorado Springs dropping by almost 5% over the past few years, net absorption is running positive, while asking rents for industrial space in Colorado Springs have increased by nearly 20% over the last couple of years.

The Colorado Springs office market is characterized by positive net absorption, falling vacancy rates and relatively stable asking rents. With nearly 29 million square feet of office space spread across eight submarkets, Class B office space in the Colorado Springs metro area accounts for nearly 66% of the inventory, with nearly 19 million square feet available.

Colorado Springs was recently declared the #1 housing market in the United States by Market Watch, giving a clear indication of the future positive growth of the retail market in Colorado Springs. With nearly 41 million square feet of retail inventory among all seven submarkets, the average vacancy rate is just under 6% with only 162,000 SF of new retail product in the pipeline.

Colorado Springs, CO Office Rental Rates ($/SF/year)

Data provided by Yardi Matrix, for properties larger than 50K SF.

Colorado Springs, CO Office Sales

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Colorado Springs, CO Commercial Inventory Breakdown

Office Spaces

Total: 15,008,761 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 4,618,992 SF / 30.78% of total office
  • 100k to 500k SF: 9,665,683 SF / 64.4% of total office
  • 500k to 1M SF: 724,086 SF / 4.82% of total office

By class:

  • Class A: 5,146,297 SF / 34.29% of total office
  • Class B: 8,747,320 SF / 58.28% of total office
  • Class C: 907,419 SF / 6.05% of total office

Industrial

Total: 8,997,730 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 3,197,136 SF / 35.53% of total industrial
  • 100k to 500k SF: 3,180,675 SF / 35.35% of total industrial
  • 500k to 1M SF: 2,619,919 SF / 29.12% of total industrial

By class:

  • Class A: 2,512,740 SF / 27.93% of total industrial
  • Class B: 2,744,320 SF / 30.5% of total industrial

Office Spaces with Retail

Total: 13,862,283 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 3,026,998 SF / 21.84% of total office with retail
  • 100k to 500k SF: 9,685,728 SF / 69.87% of total office with retail
  • 500k to 1M SF: 1,149,557 SF / 8.29% of total office with retail

Employment in Colorado Springs, CO

Employment

Job growth in Colorado Springs has increased by over 3.3%, with an unemployment rate of just under 4%. U.S. News & World Report ranks Colorado Springs as the 11th-Best Place to Live in the country. Just over 48% of the labor force works in management, education and training, administration, sales, and computer and mathematics.

Employment in Colorado Springs is amazingly diverse for a city of its size. Employers include Anser Corporation and Northrop Grumman Corporation in the aerospace and defense industry, Oracle America, Inc. and Akima, LLC in the information technology industry, USA Hockey and the U.S. Olympic Committee in the sports industry, T-Mobile USA and Xerox for customer service operations, Ford Motor Credit and T. Rowe Price Associates, Inc. for financial services operations, and Microchip Technology, Inc. and Cypress Semiconductors in the semiconductor manufacturing and R&D segment.

Education in Colorado Springs, CO

Public education in Colorado Springs is as diverse as its job market, with 10 school districts operating the city's 51 elementary, middle and secondary schools. In addition there are 29 private schools in Colorado Springs including the Colorado Springs Christian Schools, Hilltop Baptist School, and the Pikes Peak Christian School

Education is a top priority in Colorado Springs, with major emphasis placed on workforce development and training students to become productive members of the labor force. Over 36% of the residents in Colorado Springs hold a bachelor's degree or higher, which is 30% above the national average. The largest post-secondary schools by enrollment in Colorado Springs include the University of Colorado at Colorado Springs, Pikes Peak Community College, and the United States Air Force Academy.

Commuting Time in Colorado Springs, CO

The commute time in Colorado Springs runs just under 21 minutes, giving the city one of the quickest work day commutes of the entire metropolitan area and the county. Less than 2% of the work force has a super commute of 90 minutes or more, with over 10% of the work day drivers carpooling and nearly 6% choosing to work at home.

  • Interstate 70 heading east-west and Interstate 25 heading north-south provide easy access to the state and surrounding markets.
  • Bus service is provided by Mountain Metropolitan Transit.
  • Colorado Springs Municipal Airport and is the second-busiest commercial service airport in the state, while Denver International Airport provides domestic and international connections and is the 18th-busiest airport in the world.

Colorado Springs Demographics

Population

  • Total Population457,502
  • Male Population(50.0 %) 228,586
  • Female Population(50.0 %) 228,916
  • Median Age34.60

Income/Financial

  • Average Household Income$80,755
  • Median Household Income$61,324
  • Median Income Under 25$36,576
  • Median Income 25-44$62,806
  • Median Income 45-64$76,035
  • Median Income Over 65$49,212

News

  Ever since Gordon Gekko uttered his now infamous credo, “greed is good,” many economists have been concerned with the long-term effects of the growing income inequality in the U.S. While free-market enthusiasts see things differently, inequality has become a recurring topic within our news cyc...

Amazon’s search for a new home has stirred up city officials and developers across the country, and 238 applicants across North America have expressed interest in housing the company’s next headquarters. Of course, the retail giant has a few requirements: the chosen metropolitan area should idea...

Chicago-based real estate investment management firm Capri EGM has announced it has completed the acquisition of Comcast Corp.’s build-to-suit offices in the Denver metro area. The five-story INOVA I Class A office building is located at 7250 South Havana Street in Southeast Denver’s largest emp...