2395 Briargate Blvd - Office FOR SALE


Colorado Springs, CO 80920- Falcon Estates
$1,550,000 USD
719-661-0082
2395 Briargate Blvd, Colorado Springs, CO for Sale
$1,550,000 USD
Office - FOR SALE
1/4
null | 8.27% Cap Rate

2395 Briargate Blvd
Colorado Springs, CO 80920
Falcon Estates


HIGHLIGHTS

  • Strong cap rate, 3% annual rent escalations, national credit tenant. PyeBarker FS (pyebarkerfs.com)
  • Ample parking. 4.58/1000sf.
  • MX-N zoning provides for a wide range of uses including, office, retail, mixed use and others.

OVERVIEW

2395 Briargate Blvd is a fully leased, premium commercial property occupied by PyeBarker FS (pyebarkerfs.com), a national credit company. This investor sale offers stable income, high cap rate, annual 3.0% rent escalation, and prime location in Colorado Springs' high demand Briargate corridor. With a long-term lease expiring 03/31/2031, and strong tenant credit, the property is ideal for an investor seeking a low-risk, income producing asset.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

8.27%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

High Cap Office Investment For Sale

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

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.