2860 South Circle Drive $3,775,000


    2860 South Circle Drive Colorado Springs, CO 80906

    • 0 Beds
    • 0 Baths
    • 82,500 sq.ft.
    • Multi-Family
    Listing# 7457126 | Under Contract


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    Property Details

    Fantastic Office Opportunity! 4 Story with Walk out Basement, On Site Storage, Large Conference Room, Remodeled Bathrooms, 2 Elevators, 82,500 Gross Square Feet, approximately 71,229 rented square foot. 92% Current Occupied Spaces. Great Combination of month to month, Short & Long Term Leases. Rents are Low and Average $8 per sq ft....Potential at $10, $11 & $12 per square foot! Upside is HUGE!!!!! Right off I-25 and Lake/Circle Exit (138) Some Updating Already Complete. Several New Heat Pumps, New Digital Signage Just Installed for Advertising Potential Additional Income. Listing Broker has a ownership interest in building.

    • General Features
      • Additional Information 1031 Exchange, Tenant Occupied
      • County Or Parish El Paso
      • Lot Size Acres 2.37
      • Property Sub Type Commercial
      • Sq Ft Finished 78,500
      • Sqft Total 82,500
      • Structural Style Multi-Story
      • Subdivision Cheyenne Mountain
      • Tax Amount $40,309
      • Tax Year 2017
      • Year Built 1972
    • Building Features
      • Style Characteristics Mid Rise (4-7)
      • Construction Materials Brick
      • Construction Methods Block, Brick
      • Roof Built-Up(Tar and Gravel)
      • Interior Features Exterior Basement Entrance,Security Entrance,Window Coverings
      • Flooring Carpet
      • Heating Forced Air
      • Heating Fuel Hot Water
      • Cooling Air Conditioning-Central
      • Sq Ft Above 82,500
    • Property Features
      • Lot Size Sq Ft 103,237
      • Exterior Features Fence





    Office Phone: 719-576-5000


    80906 (Colorado Springs) Demographics

    39Median Age
    790Population Density (per sq. mile)
    55%College Educated
    $61,074 Estimated Median Income
    9,569Estimated Total Home Owners
    5,835Estimated Total Renters
    62% / 38%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    36,834Total Population
    Community data courtesy of LiveBy, Inc.

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