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Renovated Medical Office Building
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1259 Lake Plaza Dr, Colorado Springs, CO 80906

Renovated medical office complex with Class-A finishes, offering modern, professional workspace.

Space Size20,639 SF
Days on Market964

Property Features for 1259 Lake Plaza Dr

General Information

Standard status Active
Size 20,639 SF
Class A
Property subtype OFFICE

Additional Details

Highway Access Yes

Spaces For Lease

at 1259 Lake Plaza Dr Contact us

1259 Lake Plaza Dr

Floor
1
Size
20,639 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
1259 Lake Plaza Drive is the premier medical, office-building complex in South Colorado...
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Listing Agency: Cushman & Wakefield | Colorado Springs Commercial
Listed By: Peter Scoville · License #FA40019450
Source: Moodyscre
Added: Jan 22, 2024 Changed: Aug 8 Last Checked: Sep 12 at 9:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Colorado Springs Commercial

Investment Insights

Based on property information with market context.

This renovated medical office building complex has been converted into a modern, sleek, professional office environment with Class-A finishes. The property is presented as an office-building campus suitable for medical and professional uses, with major renovations completed to update the workplace experience.

Located at 1259 Lake Plaza Drive in South Colorado Springs, the building offers convenient access just off 1-25 and Lake Avenue.

The property is positioned as a dedicated medical and office-building campus within the existing Lake Plaza Drive location.

Key Highlights

  • Renovated medical/office‑building complex at 1259 Lake Plaza Drive
  • Conveniently located just off I‑25 and Lake Avenue in South Colorado Springs
  • Home to one of Colorado’s largest orthopedic groups

Property Analytics

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Current Use

Colorado Springs Orthopaedic ... Physician Earl & Earl, PLLC Law Firm Franklin D. Azar ... Law Firm Nathan Carpenter Physician John C. Redfern, ... Physician

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Bakery Food Market Grocery & Convenience Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,322
Businesses Nearby
Under-served
Demand for This Use

Demographics for 80906, CO

39,019
Population
16,771
Households
2.3
Avg Household Size
39
Median Age
49%
College-Educated
95%
High-School Grad
45.6 sq mi
ZIP Area
856
Density / Sq Mi
$88,047
Median Household Income
$47,314
Median Earnings
$1,634
Median Rent
$543,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Colorado Springs, CO

$18.59 /SF/Yr
Avg Asking Price
$16.15–$22 /SF/Yr
Price Range
5,114 SF
Avg Space Size

Vacancy Rate% for Office in Colorado Springs, CO

7.9% 2019
8.1% 2020
9.3% 2021
8.5% 2022
10.6% 2023
9.5% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Renovated medical office complex with Class-A finishes, offering modern, professional workspace.
Where is this medical office space located?
The property is located at 1259 Lake Plaza Dr Colorado Springs, CO.
What are key features of this property?
This property features: Renovated medical/office‑building complex at 1259 Lake Plaza Drive; Conveniently located just off I‑25 and Lake Avenue in South Colorado Springs; Home to one of Colorado’s largest orthopedic groups
(719) 330-8339 Call to check price and availability
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