3225 International Cir - Medical FOR SALE


Colorado Springs, CO 80910- Memorial Park
$2,078,000 USD
773-505-7755
3225 International Cir, Colorado Springs, CO for Sale
$2,078,000 USD
Medical - FOR SALE
1/20
null | Request Cap Rate

3225 International Cir
Colorado Springs, CO 80910
Memorial Park


HIGHLIGHTS

  • Approximately 87.9% occupied with stable in-place tenancy and future lease rollover opportunities
  • Roof replaced in 2021 with warranty in place and property was renovated in 2016 and 2023
  • Approximately 45 on-site parking spaces with ownership plans for future covered parking improvements
  • Opportunity to increase cash flow through lease-up of vacancy, renewal negotiations, and market rent growth over time
  • Elevator for access to second floor

OVERVIEW

The Kramer Group of Marcus & Millichap is pleased to present 3225 International Circle, a 12,462 SF medical office investment and owner-user opportunity within the established Printers Park Medical Campus in Colorado Springs. Renovated in 2016 and 2023, the property is leased to a diverse mix of healthcare tenants, providing stable income with future occupancy flexibility. Located near Memorial Hospital, Downtown Colorado Springs, and the Colorado Springs Airport, the asset offers strong accessibility, ample parking, mountain views, and additional income from a Verizon rooftop lease. With approximately 12% vacancy and the ability to combine available suites, the property offers attractive owner-user and value-add investment potential.

FOR SALE DETAILS

PRICE

$2,078,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

International Circle Medical Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

MX-N

APN/PARCEL ID

64163-10-005

ASK ABOUT THIS PROPERTY

Erik EnstadMarcus & MillichapMore Info
773-505-7755

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Erik EnstadMarcus & MillichapMore Info
773-505-7755

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