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The Allison Building | 612-616 N Tejon St
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The Allison Building 612-616 N Tejon St
5,000 SF Office Building Colorado Springs, CO 80903 £1,073,644 (£215/SF) 8.11% Net Initial Yield


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INVESTMENT HIGHLIGHTS
- Extensive interior and exterior upgrades
EXECUTIVE SUMMARY
• Two-story office/commercial building
• Extensive interior and exterior upgrades
• 100% leased
• Prime location in the Greater CBD
• Located one block south of Colorado College and the new Robson Arena
• Walking distance to banks, retail and restaurants
• Extensive interior and exterior upgrades
• 100% leased
• Prime location in the Greater CBD
• Located one block south of Colorado College and the new Robson Arena
• Walking distance to banks, retail and restaurants
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,000 SF
Building Class
B
Year Built
1979
Price
£1,073,644
Price Per SF
£215
Net Initial Yield
8.11%
NOI
£87,103
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
2,500 SF
Building FAR
1.04
Lot Size
0.11 AC
Zoning
FBZ-T2A - Form Based Zoning - Transition Sector 2
Parking
10 Spaces (2 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Route
- Signage
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Walk Score®
Very Walkable (84)
Bike Score®
Biker's Paradise (98)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £655,973 | |
Land Assessment | £75,545 | Total Assessment | £731,517 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£75,545
Improvements Assessment
£655,973
Total Assessment
£731,517
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by

The Allison Building | 612-616 N Tejon St
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