Penrose Pavilion - office in Colorado Springs, CO
Office

Penrose Pavilion

2312 n nevada ave, colorado springs, CO

Price

Price on request

Square Feet

69,526

Location

2312 n nevada ave, colorado springs, CO

Marker
Leaflet © OpenStreetMap contributors

Property Details

Building Size69,526 SF

Market Context

This office in Colorado Springs, CO is listed for lease across 69,526 SF. It has been on the market for 65 days.

Compare it against other office listings for lease in Colorado Springs, CO to benchmark pricing and space — view the full market.

Unified Estimate

Low Confidence
$13.60/SF/mo-$18.40/SF/mo
Mid: $16.00/SF/mo
Total estimate for 69,526 SF
$1,112,416

Rate estimator only; cost-of-business estimate unavailable.

Lease Rate & Market Trend

Market report quarterly trend fallback

Very Low Confidence

Modeled Rate Estimate

$14.00 – $18.00/SF/mo

Estimator modeled rate · mid $16.00

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:-0.2%
Avg Weekly Wage:$1,716

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population742,999
Median Income$90k↑ 21%
College Educated38.1%↑ 4.7pp
Median Age35.1 yrs
Median Home Value$461k
Unemployment5.4%↑ 1.8pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Market comparison: office in colorado springs, CO

More Office for Lease in Colorado Springs, CO(5)

Contact Broker

Peter Scoville

Greg Phaneuf

Listed by

Cushman & Wakefield