Medical Office
2925 Professional Place, Colorado Springs, CO 80904
For Sale
Contact for pricing
Three buildings accommodate medical and professional office uses on Colorado Springs’ westside.
Property Size67,155 SF
Lot Size5.97 Acres
Price / SF$249.42
Days on Market40
Property Features for 2925 Professional Place
General Information
Standard status
Size
Net Rentable
Class
Lot size
Property subtype
Site & Location
Neighborhood
Additional Details
Property Use
Building Details
Buildings
Listing Agency:
SOCO Commercial Real Estate, LLC
Listed By:
Russell Stroud · License CO FA40033398
(719) 238-8695
Source:
Crexi
Added: Oct 2
Changed: Nov 8
Last Checked: Nov 8 at 4:21PM
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
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Investment Insights
Based on property information with market context.
The office campus comprises three buildings with a combined 67,155 RSF, measured under the 2026 BOMA standard, across 5.97 acres. The property is identified as a Class A medical and professional office campus. Altitude Surgical Center is scheduled to begin operating at the campus in October 2026.
Located on Colorado Springs’ westside, the property is near Garden of the Gods. The nearby Kissing Camels rock formation is the namesake for the office park.
Located on Colorado Springs’ westside, the property is near Garden of the Gods. The nearby Kissing Camels rock formation is the namesake for the office park.
Key Highlights
- Three‑building campus totaling 67,155 RSF per the 2026 BOMA measurement
- Situated on 5.97 acres on Colorado Springs’ westside
- Altitude Surgical Center scheduled to open in October 2026
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
NOI $756,219 @ 7.0% cap · market cap 4.51%
Second Best
Office B
$9.44M
$8.26M – $11.02M
NOI $661,057 @ 7.0% cap · market cap 3.95%
Theoretical Best
Specialty Retail
$13.26M
$11.60M – $15.47M
NOI $928,351 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
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Business Placement
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
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Market
Properties on Market for Office buildings in Colorado Springs
Vacancy Rate% for Office in Colorado Springs, CO
Frequently Asked Questions
What type of property is this?
Office building - Three buildings accommodate medical and professional office uses on Colorado Springs’ westside.
Where is this office building located?
The property is located at 2925 Professional Place 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‑building campus totaling 67,155 RSF per the 2026 BOMA measurement; Situated on 5.97 acres on Colorado Springs’ westside; Altitude Surgical Center scheduled to open in October 2026
