1120 Circle DrColorado Springs, CO 80909
- Retail properties
- 20,608 SF
Property Details for 1120 Circle Dr
- Year built
- 1967
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.02 AC
- Property size (Sq ft)
- 20,608 SF
- Zone code
- C5
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 6409123029
- APU
- 6409123029
Description
This exceptional commercial property, located at 1120 N Circle Dr in Colorado Springs, Colorado, offers a 1,190 square foot medical office suite currently available for lease. The building is a multi-tenant property totaling 45,560 square feet situated on a 45,560 square foot lot in El Paso County, zip code 80909. The available space, Suite 110, includes a small kitchenette, bathroom, reception area, sizable conference room, and an additional office. This versatile space is ideal for a variety of medical practices seeking a collaborative workspace or a client-friendly environment. The property is strategically located in Colorado Springs, providing excellent access to major transportation routes and a thriving business community. The building is anchored by a Pizza Hut, ensuring high visibility and foot traffic. A total of 1,650 square feet within the larger building is currently vacant. This presents a unique opportunity for businesses to establish a presence in a dynamic and well-established commercial center. The property is classified as Retail and Office, with a subtype of Medical Office, Storefront, and Strip Center. Contact us to schedule a viewing and explore the potential of this exceptional space.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,626,282
- 6.5%
- $6,116,568
- 7%
- $5,679,670
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,290,635
- Geo Method
- $4,290,635
-
Alternative Use
- Use
- Valuation
- Residential
- $5,159,554
- Hospitality
- $4,726,123
- Educational
- $3,932,079
- Medical
- $4,067,309
- Retail
- $6,116,568
Location Insight
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Latitude
- 38.8479
- Longitude
- -104.776
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].