Mount View Lane
125-155 Mt. View Lane is a 12,400-square-foot flex/industrial facility located in the dynamic area of Colorado Springs. Ideally situated, the facility offers direct access to both Nevada Ave. and I-25. The property comprises four-five shallow bay industrial units with less than 10% office finish, also including a fully fenced outdoor storage area.
The property was acquired in an off-market transaction, not solely for its prime location, but also for its untapped potential. The property had grappled with a significant rollover risk in the first year with 27.42% in-place vacancy. This scenario presented Knightbridge Capital with the opportunity to address and rectify deferred maintenance while enhancing the income potential of the investment by approximately 25%. Through a clear and defined marketing strategy, we realigned rents to the prevailing rates within the first six months of the acquisition, truly showcasing our expertise in unlocking hidden value.