2395 Briargate Blvd - Office FOR SALE


Colorado Springs, CO 80920- Falcon Estates
$1,930,000 USD
719-661-0082
2395 Briargate Blvd, Colorado Springs, CO for Sale
$1,930,000 USD
Office - FOR SALE
1/4
null | 6.76% Cap Rate

2395 Briargate Blvd
Colorado Springs, CO 80920
Falcon Estates


HIGHLIGHTS

  • Strong cap rate with single tenant stability
  • Ample parking
  • Located near I-25

OVERVIEW

2395 Briargate Blvd is a fully leased, premium commercial property occupied by PyeBarker FS (pyebarkerfs.com), a national credit company. The tenant is willing to work with a buyer if the buyer needs occupancy prior to the existing lease expiration on 30/31/2031. This investor sale offers stable income, a 6.8% cap rate, annual rent escalation, and prime location in Colorado Springs' high demand Briargate corridor. With a long-term lease and strong tenant credit, the property is ideal for a 1031 exchange purchaser seeking a low-risk, income producing asset.

FOR SALE DETAILS

PRICE

$1,930,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

6.76%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

INVESTMENT PROPERTY FOR SALE

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

MX-N

APN/PARCEL ID

63044-12-027

ASK ABOUT THIS PROPERTY

Charlie MartinC.T. Martin Commercial Real EstateMore Info
719-661-0082

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Charlie MartinC.T. Martin Commercial Real EstateMore Info
719-661-0082

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.