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2925-2955 Professional Pl, Colorado Springs, CO 80904

Three buildings accommodate medical and professional office users across a varied tenant mix.

Property Size67,155 SF
Price / SF$249.42
Days on Market6

Property Features for 2925-2955 Professional Pl

General Information

Standard status Active
Size 67,155 SF
Net Rentable 67,155 SF
Class Class A
Property subtype OFFICE

Building Details

Buildings 3
Tenancy Multi
Listing Agency: SOCO Commercial Real Estate, LLC
Listed By: Russell Stroud · License #FA40033398
Source: Moodyscre
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 5 at 7:23PM

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 SOCO Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

The Colorado Springs campus comprises three medical and professional office buildings totaling 67,155 RSF, measured under the 2026 BOMA standard. The property has 9,716 RSF of vacancy, and its tenant mix includes medical, financial, legal, technology and other professional businesses.

Altitude Surgical Center is scheduled to open in October 2026. The campus is near Garden of the Gods and has views toward the Front Range, with regional access.

Key Highlights

  • Three office buildings total 67,155 RSF per the 2026 BOMA measurement
  • 9,716 RSF of vacancy
  • Tenant mix includes medical, financial, legal, technology and other professional users

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$756,219
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,124,380 $15.1M
Cap Rate 7%
$10,803,129 $10.8M
Cap Rate 9%
$8,402,433 $8.4M
Market Conditions
NOI Build-Up for 67,155 SF
Gross rent
$1.37M $20.40/SF
− Vacancy
−$109.6K −$1.63/SF
EGI
$1.26M $18.77/SF
− OpEx
−$504.1K −$7.51/SF
NOI
$756.2K $11.26/SF
Area
Colorado Springs, CO
Vacancy
8.00%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,124,380
Cap Rate 7%
$10,803,129
Cap Rate 9%
$8,402,433

Alternative Uses

Best Use
Healthcare Medical
$10.80M
$9.45M – $12.60M (±1% cap)
NOI $756,219 @ 7.0% cap · market cap 4.51%
Second Best
Office B
$9.44M
$8.26M – $11.02M (±1% cap)
NOI $661,057 @ 7.0% cap · market cap 3.95%
Theoretical Best
Specialty Retail
$13.26M
$11.60M – $15.47M (±1% cap)
NOI $928,351 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Kissing Camels Office ... Business Park

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Bakery Grocery & Convenience Store Hair Salon

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby

Demographics for 80904, CO

20,986
Population
11,578
Households
1.8
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
11.2 sq mi
ZIP Area
1,874
Density / Sq Mi
$69,566
Median Household Income
$44,494
Median Earnings
$1,417
Median Rent
$413,400
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Three buildings accommodate medical and professional office users across a varied tenant mix.
Where is this office building located?
The property is located at 2925-2955 Professional Pl Colorado Springs, CO.
What is the asking price?
The asking price for this property is $16,750,000.
What are key features of this property?
This property features: Three office buildings total 67,155 RSF per the 2026 BOMA measurement; 9,716 RSF of vacancy; Tenant mix includes medical, financial, legal, technology and other professional users
(719) 238-8695 Call to check price and availability
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