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3820 Hancock Expy

40,470 SF Vacant Industrial Building Colorado Springs, CO 80911 £6,729,070 (£166/SF)

Investment Highlights

  • Zoned for either Industrial Outdoor Storage or Industrial Development

Executive Summary

The Kramer Group of Marcus & Millichap is pleased to present the exclusive listing of 3820 Hancock Expressway in Colorado Springs, CO. The offering consists of 49,800 square feet of industrial building situated on 13.31 acres of land, zoned I-3. The building is constructed of Twin-T concrete and is approximately 70 percent warehouse and 30 percent office, with 14’ clear heights. The zoning and excess land make the property a good candidate for either Industrial Outdoor Storage or industrial development. The property is conveniently located off of Powers Boulevard (a major North-South thoroughfare) and Milton Proby Parkway (the main entry road into the Colorado Springs Airport). The building has two docks and four drive-in doors, and is fully sprinklered.

Property Facts

Price £6,729,070
Price Per SF £166
Sale Type Investment or Owner User
Sale Conditions
High Vacancy Property
  • Development Sale
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Food Processing
  • Industrial Warehouse
Building Class B
Lot Size 13.31 AC
Rentable Building Area 40,470 SF
Number of Floors 1
Year Built 1974
Parking Ratio 1.85/1,000 SF
Clear Ceiling Height 14 ft
No. Dock-High Doors/Loading 2
Level Access Doors 4

Amenities

  • Fenced Lot

Utilities

  • Water
  • Sewer

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 34,000 SF
  • Industrial
  • Full Build-Out
  • Now

Approx. 30% office, 70% warehouse, mfg, storage.

Space Size Space Use Condition Available
1st Floor 34,000 SF Industrial Full Build-Out Now

1st Floor

Size
34,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 34,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Approx. 30% office, 70% warehouse, mfg, storage.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
65020-00-136
Land Assessment
£193,649
Improvements Assessment
£65,170
Total Assessment
£258,819

zoning

Zoning Code GI (GI Industrial, El Paso County (Heavy Industrial))
GI (GI Industrial, El Paso County (Heavy Industrial))
  • Listing ID: 32970538

  • Date on Market: 27/08/2024

  • Last Updated:

  • Address: 3820 Hancock Expy, Colorado Springs, CO 80911

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