Briargate Blvd Leased Commercial
For Sale
Contact for pricing
2395 Briargate Blvd, Colorado Springs, CO
Fully leased commercial property in high-demand Briargate corridor.
Property Size6,117 SF
Lot Size0.88 Acres
Price / SF$253.39
Days on Market458
Property Features for 2395 Briargate Blvd
General Information
Standard status
Active
Size
6,117 SF
Lot size
0.88 Acres
Property subtype
OFFICE
Listing Agency:
C.T. Martin Commercial Real Estate Co.
(719) 661-0082
Listed By:
Charlie Martin
Source:
Moodyscre
Added: May 1, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:41AM
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 C.T. Martin Commercial Real Estate Co.
Investment Insights
Based on property information with market context.
The property at 2395 Briargate Blvd is a fully leased commercial space occupied by PyeBarker FS, a national credit company. The tenant is willing to work with a buyer if occupancy is needed prior to the lease expiration on 12/31/2031. This property offers stable income, a 6.8% cap rate, annual rent escalation, and a location in Colorado Springs' Briargate corridor. The property is suitable for a 1031 exchange purchaser seeking a low-risk, income-producing asset. The building has a size of 6117 square feet.
Key Highlights
- Fully leased by PyeBarker FS, a national credit company, providing stable income.
- 6.8% cap rate offers a strong return on investment.**
- Long‑term lease in place until 10/31/2031.
Financial Insights For Office B
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 | $91.8k | $15.00 |
| − Vacancy | −$11.5k | −$1.88 |
| EGI | $80.3k | $13.13 |
| − OpEx | −$20.1k | −$3.28 |
| NOI | $60.2k | $9.84 |
6,117 SF · lease $15.00/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$860.2K
$752.7K – $1.00M
NOI $60,214 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.21M
$1.06M – $1.41M
NOI $84,561 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Colorado Springs, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Fully leased commercial property in high-demand Briargate corridor.
Where is this office building located?
The property is located at 2395 Briargate Blvd Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Fully leased by PyeBarker FS, a national credit company, providing stable income.; 6.8% cap rate offers a strong return on investment.**; Long‑term lease in place until 10/31/2031.
