For Sale
$799,500

219 Colorado AveColorado Springs, CO 80903

Colorado Springs NNN Leased Dental Office

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 1,642 square foot dental condo located at 219 W Colorado Ave, Suite 206, in Colorado Springs, Colorado, 80903. The property is part of the prestigious Trestle building, situated in the heart of the Arts District, along the railroad tracks on the west side of downtown. This single-tenant, net-leased (NNN) property features a thriving dental practice with a 7-year lease in place, offering a stable income stream. High-end finishes are present throughout the suite. The building offers ample surface parking (40 spots) and is conveniently located near I-25, providing easy access to major transportation routes. The property is within walking distance of the Central Business District, America the Beautiful Park, and numerous restaurants. The asking price is $799,500, translating to $486.91 per square foot. The property is zoned M2 SS CU and is located within an Opportunity Zone. 2023 operating expenses were $11.97 per square foot. Further details regarding net operating income (NOI) are available upon request. This is a prime investment opportunity in a desirable location with a strong tenant and long-term lease.

Highlights

  • Long-term dental practice lease in place.
  • High-end interior finishes.
  • Abundant parking available.
  • Excellent I-25 and downtown Colorado Springs access.
  • Walkable to the Central Business District, America the Beautiful Park, and numerous restaurants.

Property Details for 219 Colorado Ave

Property type
Office properties, Medical offices
Square Feet
1,642 SF

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8320973
Longitude
-104.8299461
219 Colorado Ave, Colorado Springs, Colorado

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219 Colorado Ave
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