Colorado Springs Office Building For
For Sale
$599,000
3525 American Dr, Colorado Springs, CO 80917
Professional or medical office building in a high-demand Colorado Springs corridor.
Property Size2,640 SF
Price / SF$226.89
Days on Market361
Property Features for 3525 American Dr
General Information
Standard status
Active
Size
2,640 SF
Property subtype
Medical Office
Zoning
MX-N/CR SS
Site & Location
Neighborhood
Garden Ranch
Building Details
Building Size
2,640 SF
Listing Agency:
Hoff & Leigh
(719) 630-2277
Listed By:
Holly Trinidad · License #ER.100022369
(719) 337-0999
Source:
Hoffleigh
Added: Oct 31, 2025
Changed: Oct 25
Last Checked: Oct 26 at 12:39PM
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
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Investment Insights
Based on property information with market context.
The property at 3525 American Drive is a 2,640-square-foot professional or medical office building in Colorado Springs. The location is within a high-demand corridor surrounded by residential neighborhoods and complementary services. The property offers immediate presence, abundant parking, and long-term upside. This property is suitable for medical practices, dental or orthodontic offices, physical therapy or chiropractic practices, counseling or mental health services, wellness and aesthetics practices, and professional office users. Owner-users can benefit from long-term control of occupancy costs, the ability to customize the space, and a strong location with long-term growth potential.
Key Highlights
- Well‑located professional/medical office building in high‑demand Colorado Springs corridor.
- Ideal for owner‑users seeking long‑term control of occupancy costs.
- Surrounded by residential neighborhoods and complementary services.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,729
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,580
$594.6K
Cap Rate 7%
$424,700
$424.7K
Cap Rate 9%
$330,322
$330.3K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$53.9K $20.40/SF
− Vacancy
−$4.3K −$1.63/SF
EGI
$49.5K $18.77/SF
− OpEx
−$19.8K −$7.51/SF
NOI
$29.7K $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%
$594,580
Cap Rate 7%
$424,700
Cap Rate 9%
$330,322
Alternative Uses
Best Use
Healthcare Medical
$424.7K
$371.6K – $495.5K
NOI $29,729 @ 7.0% cap · market cap 4.96%
Second Best
Office B
$371.3K
$324.9K – $433.1K
NOI $25,988 @ 7.0% cap · market cap 4.34%
Theoretical Best
Specialty Retail
$521.4K
$456.2K – $608.3K
NOI $36,495 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,351
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80917, CO
30,513
Population
13,656
Households
2.2
Avg Household Size
37
Median Age
35%
College-Educated
94%
High-School Grad
5.6 sq mi
ZIP Area
5,449
Density / Sq Mi
$72,805
Median Household Income
$39,973
Median Earnings
$1,435
Median Rent
$353,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Colorado Springs, CO
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Professional or medical office building in a high-demand Colorado Springs corridor.
Where is this medical office space located?
The property is located at 3525 American Dr Colorado Springs, CO.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Well‑located professional/medical office building in high‑demand Colorado Springs corridor.; Ideal for owner‑users seeking long‑term control of occupancy costs.; Surrounded by residential neighborhoods and complementary services.
