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    Medical Office Building in Printers Park Title is generated by Realmo AI

    3225 International Cir, Colorado Springs, CO 80910

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    Medical office building in premier Colorado Springs medical campus.

    Type:OFFICE
    Property size:
    12,462 SF
    Lot size:
    0.97 Acres
    Price / SF:
    $170/SF
    Added:
    Aug 17, 2023
    Days on Market:
    1039
    Last Refresh:
    Apr 5 at 8:18 pm

    Property Features for 3225 International Cir

    General Information

    Standard status
    Active
    Size
    12,462 SF
    Lot size
    0.97 Acres
    Property subtype
    OFFICE

    Properties For Sale

    at 3225 International Cir Contact us

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    Listing Contact
    Caleb David (he/him/his)

    Listing agent Caleb David (he/him/his)

    Listing office David Commercial Real Estate/KW Premier Realty

    Listing date Aug 17, 2023

    Source Moodyscre

    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 David Commercial Real Estate/KW Premier Realty

    HighLights

    • Located in a premier medical campus (Printers Park) near Memorial Hospital, downtown Colorado Springs, and the airport.
    • Suites are geared toward medical users, suitable for lease or owner‑user with rental income potential.
    • Sale price is significantly below recent appraised value.
    • Great views of Pikes Peak and the Front Range.
    • Plenty of on‑site parking.
    • Landlord plans to install covered parking.

    Overview

    This professional medical office building is situated within one of the primary medical campuses in Colorado Springs, specifically in Printers Park. Its location offers proximity to Memorial Hospital, downtown Colorado Springs, and the Colorado Springs Airport. The suites are designed to accommodate medical users. The building, with a size of 12462 square feet, can be purchased by an owner-user seeking rental income. The property features views of Pikes Peak and the Front Range. On-site parking is available, and there are plans to install covered parking.

    Local 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 $254.2k $20.40
    − Vacancy −$20.3k −$1.63
    EGI $233.9k $18.77
    − OpEx −$93.6k −$7.51
    NOI $140.3k $11.26
    12,462 SF · lease $20.40/SF/yr · vacancy 8.00% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $2.00M
    $1.75M – $2.34M (±1% cap)
    NOI $140,332 @ 7.0% cap · market cap 6.61%
    Second Best
    Office B
    $1.75M
    $1.53M – $2.04M (±1% cap)
    NOI $122,673 @ 7.0% cap · market cap 5.78%
    Theoretical Best
    Specialty Retail
    $2.46M
    $2.15M – $2.87M (±1% cap)
    NOI $172,275 @ 7.0% cap · market cap 8.11%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Qtc Hospital Melissa Hammock, MA, ... Family Counselor Dr. Joseph C. ... Physician Dorothy Propst, DPT Physician Castrejon Miguel MD Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Bijou Animal Hospital PC — 123 Swope Ave, Colorado Springs, CO 80909
    • Dr. Lisa Bausch — 123 Swope Ave, Colorado Springs, CO 80909
    • Colvin Mark D DVM — 123 Swope Ave, Colorado Springs, CO 80909
    • Miller Karen R DVM — 123 Swope Ave, Colorado Springs, CO 80909

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.79
    Latitude
    38.8284

    FAQs

    What type of property is this?
    Medical Office Space - Medical office building in premier Colorado Springs medical campus.
    Where is this medical office space located?
    The property is located at 3225 International Cir Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $2,124,100.
    What are key features of this property?
    This property features: Located in a premier medical campus (Printers Park) near Memorial Hospital, downtown Colorado Springs, and the airport.; Suites are geared toward medical users, suitable for lease or owner‑user with rental income potential.; Sale price is significantly below recent appraised value.
    (719) 425-7139 Call to check price and availability
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