Medical Office with Therapy
For Sale
Contact for pricing
2210 Lelaray St, Colorado Springs, CO 80909
Well maintained commercial space with a saltwater therapy pool and flexible floor plan, updated with a 2022 roof and furnace.
Property Size2,804 SF
Price / SF$177.96
Days on Market501
Property Features for 2210 Lelaray St
General Information
Standard status
Active
Size
2,804 SF
Property subtype
OFFICE
Amenities
saltwater therapy pool
Listing Agency:
Hoff & Leigh
(719) 357-7494
Listed By:
Guy Cox · License #FA.100075843
(719) 357-7494
Source:
Moodyscre
Added: Mar 19, 2025
Changed: Jul 29
Last Checked: Jul 29 at 5:21AM
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 Hoff & Leigh
Investment Insights
Based on property information with market context.
This medical office and wellness-focused property offers 2,804 square feet of well maintained commercial space with a flexible floor plan designed for a range of professional uses. The building includes a saltwater therapy pool with a newly installed boiler, supporting therapy and wellness operations. Recent capital upgrades include a new roof and furnace, both completed in 2022.
The property is located at 2210 Lelaray St in Colorado Springs and positioned near Union Blvd & Constitution Ave, with easy access intended for clients. The surrounding area includes schools and residential areas, aligning with services that serve families.
Previously used as a specialized pediatric clinic, the layout and improvements are suited for professional care and therapy applications that benefit from a comfortable, adaptable environment.
The property is located at 2210 Lelaray St in Colorado Springs and positioned near Union Blvd & Constitution Ave, with easy access intended for clients. The surrounding area includes schools and residential areas, aligning with services that serve families.
Previously used as a specialized pediatric clinic, the layout and improvements are suited for professional care and therapy applications that benefit from a comfortable, adaptable environment.
Key Highlights
- 2,804 SF well‑maintained commercial space previously used as a pediatric clinic
- Saltwater therapy pool with a brand‑new boiler, professionally maintained
- New roof (2022) and furnace (2022) for recent exterior and HVAC upgrades
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.2k | $20.40 |
| − Vacancy | −$4.6k | −$1.63 |
| EGI | $52.6k | $18.77 |
| − OpEx | −$21.1k | −$7.51 |
| NOI | $31.6k | $11.26 |
2,804 SF · lease $20.40/SF/yr · vacancy 8.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$451.1K
$394.7K – $526.3K
NOI $31,575 @ 7.0% cap · market cap 6.33%
Second Best
Office B
$394.3K
$345.0K – $460.0K
NOI $27,602 @ 7.0% cap · market cap 5.53%
Theoretical Best
Specialty Retail
$553.7K
$484.5K – $646.0K
NOI $38,762 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
560
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80909, CO
37,302
Population
16,572
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,722
Density / Sq Mi
$61,777
Median Household Income
$36,894
Median Earnings
$1,227
Median Rent
$352,400
Median Home Value
Market
Vacancy Rate% for Office in Colorado Springs, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Well maintained commercial space with a saltwater therapy pool and flexible floor plan, updated with a 2022 roof and furnace.
Where is this medical office space located?
The property is located at 2210 Lelaray St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 2,804 SF well‑maintained commercial space previously used as a pediatric clinic; Saltwater therapy pool with a brand‑new boiler, professionally maintained; New roof (2022) and furnace (2022) for recent exterior and HVAC upgrades
