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3225 Austin Bluffs Parkway - Parkway Professional Building, Colorado Springs, CO
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3225 Austin Bluffs Parkway - Parkway Professional Building
Colorado Springs, CO 80918 - North Submarket
For Sale Price:
Free Surface spaces are available; Ratio of 5.98/1,000 SF
Banking, Bus Line, Convenience Store, Signage
100% occupied, seasoned leases, 8.93% acquisition cap rate on real income, 9.64% cash-on-cash, 16.28% After-Tax IRR on DCF forecast of actual revenues. Two-story, garden level, multi-tenant suburban office building on oversized lot with 6 per 1,000 parking. Brick and glass exterior over 2x6 frame construction. Excellent condition with no deferred maintenance. New roof, parking lot, mechanical systems, interiors and more.
Prime frontage in the heart of the desirable northeast quadrant. Excellent interstate access in 5 minutes, 10-15 minute drive-time to all parts of the city.
CLICK HERE TO CONTACT THE SALES BROKER
FOR SALE CONTACTS
Price Properties, Inc.
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