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1,524 Commercial Real Estate Listings in Colorado Springs, CO

Colorado Springs, CO Commercial Real Estate

There are currently 1,380 commercial listings available in Colorado Springs, CO. These listings include 1,038 commercial spaces that encompass a total of 8,314,214 square feet. Available commercial spaces in Colorado Springs, CO range in size from 0 square feet to 700,000 square feet. A total of 733 off-market commercial properties located in Colorado Springs, CO are also available for research.

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Colorado Springs, CO Commercial Real Estate Market Overview

Location Photo

The local economy in Colorado Springs, Colo., is fueled by activity within the aerospace, defense, high-tech and tourism sectors. Several high-profile companies — including T. Rowe Price, ITT and T-Mobile — along with startup success stories like Fusesport and Formstack, drive the demand for commercial real estate properties here.

The city is accessible through I-25, U.S. Hwy. 24 and U.S. Hwy. 85. Mountain Metropolitan Transit (MMT) provides public transportation throughout Pikes Peak, with Union Pacific and BNSF offering freight services. Colorado Springs also has the second-largest commercial airport in the state, following Denver International Airport.

Colorado Springs, CO Commercial Inventory Breakdown

In 2022 the Colorado Springs, CO commercial real estate market totaled 17,253,338 square feet of office spaces, 14,466,512 square feet of office spaces with retail, and 15,624,726 square feet of industrial space.

Office Spaces

Total: 17,253,338 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
50k to 100k SqFt 5,370,093 SqFt 31.12% of total office
100k to 500k SqFt 9,789,159 SqFt 56.74% of total office
500k to 1M SqFt 2,094,086 SqFt 12.14% of total office
By class:
Class A 5,238,107 SqFt 30.36% of total office
Class B 9,101,439 SqFt 52.75% of total office
Class C 853,779 SqFt 4.95% of total office
Roughly 12.14% of the total office space in Colorado Springs, CO is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 31.12% of the office inventory.

Class A office space holds a 30.36% share of the overall Colorado Springs, CO office market, while Class B office assets make up approximately 52.75%.

Industrial

Total: 15,624,726 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 3,771,090 SqFt 24.14% of total industrial
100k to 500k SqFt 5,208,292 SqFt 33.33% of total industrial
500k to 1M SqFt 3,259,217 SqFt 20.86% of total industrial
> 1M SqFt 3,386,127 SqFt 21.67% of total industrial
By class:
Class A 8,038,922 SqFt 51.45% of total industrial
Class B 6,786,067 SqFt 43.43% of total industrial
Class C 182,619 SqFt 1.17% of total industrial
There are 5,208,292 square feet of commercial real estate properties between 100k to 500k square feet, representing 33.33% of the Colorado Springs, CO industrial inventory. Class A assets total 8,038,922 square feet of industrial space, with an additional 6,786,067 square feet of Class B and 182,619 square feet of Class C properties.

Office Spaces with Retail

Total: 14,466,512 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
50k to 100k SqFt 3,646,064 SqFt 25.2% of total office with retail
100k to 500k SqFt 9,670,891 SqFt 66.85% of total office with retail
500k to 1M SqFt 1,149,557 SqFt 7.95% of total office with retail

Colorado Springs, CO Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Colorado Springs, CO Office 233 2,556,204
Colorado Springs, CO Retail 160 3,657,229
Colorado Springs, CO Industrial 113 1,952,195
Colorado Springs, CO Other 574 8,279,185
Ofice Icon

233

Office

Industrial Icon

113

Industrial

Retail Icon

160

Retail

Current local active listing encompass 16,444,813 square feet of commercial space for lease in Colorado Springs. There are 233 active office listings, which amount to 2,556,204 square feet and account for 21% of commercial spaces on the market. Local retail availability includes 3,657,229 square feet across 160 listings. Current industrial offerings on the market amount to 1,952,195 square feet across a total of 113.

Employment in Colorado Springs, CO

Employed Population 239,319

Employed population - Industry % Distribution

Management, business, science, and arts occupations

47%

Sales and office occupations

19%

Service occupations

19%

Production, transportation, and material moving occupations

8%

Natural resources, construction, and maintenance occupations

7%

In 2020, roughly 47% of a total of 239,319 employed in Colorado Springs worked in Management, business, science, and arts occupations, followed by 19% in Sales and office occupations and 19% in Service occupations.

Income per capita $36,384  Median household income $70,527

Household income

34%

Under $50k

35%

$50k - $100k

25%

$100k - $200k

6%

Over $200k

The median household income in Colorado Springs stands at $70,527, with per capita income at $36,384. Households earning between $50k and $100k represent 35% of the total, while those earning over $200k make up 6%. Approximately 34% of Colorado Springs households earn less than $50k per year.

Commuting in Colorado Springs, CO

Mean travel time to work 23 minutes

Means of transportation to work

76.90%

Driving alone

10.50%

Carpool

0.50%

Public transit

0.70%

Bicycle

1.50%

Walking

1.30%

Other

8.50%

Work at Home

*Universe: Workers 16 and over

Education in Colorado Springs, CO

High school grad or higher 94%

Bachelor's degree or higher 40%

Population by minimum level of education

6%

No degree

20%

High school

34%

Some College

25%

Bachelor's

15%

Post-grad

*Universe: Workers 25 and over

An estimated 94% of Colorado Springs residents aged 25 or over hold a high school degree or higher. Of those, 20% are high school graduates, 34% attended some college, 25% earned a bachelor's degree, with an additional 15% holding post-graduate degrees.

Colorado Springs, CO Demographics

As of 2020, Colorado Springs had a total population of 478,215, with a median age of 35.60 years. Roughly 66.90% of the total population was between the ages of 16 and 64 years old.

Market News

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