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2504 E PIKES PEAK AVE Colorado Springs CO 80909-7024

APN 64161-17-034

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Details
Property Type Office
Building SqFt 35,629
Lot SqFt 47,916
Acreage ******
Number of Units 20
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code MX-N
Year Built 1985
Building Count 1
Opportunity Zone No
Lease Type ******
Sold Price per Acre ******
Tax Year ******
Tax Assessed Value ******

Property History

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Property Type
Property Type
Office
Asking Details
Asking Price
$2,881,450
Price/Sq Ft
$130
Investment Highlights
  • ​Covered Parking
  • ​Mountain Views
  • ​Abundant Natural Light
  • ​2 mi from Downtown Colorado Springs
  • ​Neighboring the Historic Printers Park Home
  • ​Year Built / Renovated: 1985 / 2021
  • ​Lot Size: 1.10 Acres
  • ​Building Size: 22,165 SqFt
Property Type
Property Type
Office
Property Subtype
Medical Office
Marketing Description

INVESTMENT HIGHLIGHTS

• Value-Add Medical Office 68% Occupied on Long-Term, Landlord Friendly

NNN Lease with Intellitec Medical College.

• Three-Story Medical Office with Covered Parking Well Below Replacement

Cost at $128/SF

• Vacant Units Turn-Key as former Dental and Physical Therapy Offices

• Located One Block from Printers Hall Master Plan – An epic 26-acre

redevelopment project poised to transform the city's historic Union Printer

Home property east of downtown. Colorado Springs City Council unanimously

approved for the construction of a collection of spaces spanning residential,

commercial, hotel, retail, parks, and other public use area on the site.

• MSA Population Of 762,695, Just 60 Miles South of Denver, Top City in the

Country for Millennial Population Growth (Brookings)

• #1 Most Desirable Places to Live (Us News & World Report, 2022-2023)

and #1 Named One of Best Places to Travel Globally in 2023 (Forbes Advisor,

2023)

• Located in Close Proximity to Downtown Colorado Springs just South of

the Olympic & Paralympic Training Center

• 279,666 Residents Living within 5-Mile Radius with an Average HH

Income of $73,029

• Colorado Springs has Grown by Approximately 48% and is Projected to

Grow Another 7% in the Next Five Years. By 2050, the Population of El Paso

County is Expected to Exceed the Population of the Denver Metro Area.

• Massive Capital Improvement Projects Ongoing and in the Pipeline

throughout the MSA - Olympic Museum, Downtown Stadium, 3.5 Million

square-foot Amazon Facility

Investment Highlights
  • Value-Add Medical Office 80% Occupied on Long-term, Landlord Friendly NNN Leases with IntelliTec Medical College and LSC Transportation Consultants

  • Three-Story Medical Office with Covered Parking Well Below Replacement Cost at $128/SF

  • Vacant Units Turn-Key as former Dental and Physical Therapy Offices

  • MSA Population Of 762,695, Just 60 Miles South of Denver, Top City in the Country for Millennial Population Growth (Brookings)

  • #1 Most Desirable Places to Live (Us News & World Report, 2022-2023) and #1 Named One of Best Places to Travel Globally in 2023 (Forbes Advisor, 2023)

  • Located in Close Proximity to Downtown Colorado Springs just South of the Olympic & Paralympic Training Center

  • 279,666 Residents Living within 5-Mile Radius with an Average HH Income of $73,029

  • Colorado Springs has Grown by Approximately 48% and is Projected to Grow Another 7% in the Next Five Years. By 2050, the Population of El Paso County is Expected to Exceed the Population of the Denver Metro Area.

  • Massive Capital Improvement Projects Ongoing and in the Pipeline throughout the MSA - Olympic Museum, Downtown Stadium, 3.5 Million square-foot Amazon Facility

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
CG
Cory Gross PRO
•••.•••.2019
••••.•ross@•••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
EE
Erik Enstad
LIC: CO FA100089977
•••.•••.2013
••••.••stad@•••••••••••••••.com
Brokerage logo

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