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    2864 Circle Dr Colorado Springs, CO 80906

    Sponsored
    For Lease
    $14 SF/Yr

    Executive & Traditional Suites Available

    Lot size:
    150,163 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Tower 2864, located at 2864 South Circle Drive in El Paso County, Colorado Springs, offers a remarkable opportunity for businesses seeking flexible and efficient office space. This 150,163 square foot building, constructed in 1973 and extensively renovated in 2019, boasts one of the largest contiguous space offerings in the southeast submarket – a substantial 57,091 square feet. Currently, 72,662 square feet of space is available, divisible into units as small as 1,294 square feet. The building provides exceptional visibility and interstate access, complemented by breathtaking views. Its efficient design and low gross lease rates make it a highly competitive option. The flexible floor plates and existing suites cater to the needs of both established companies and fast-growth businesses seeking expansion opportunities. The property benefits from its proximity to prime retail amenities and is surrounded by ongoing redevelopment, presenting significant potential for future appreciation. Ample parking is available, with a ratio of 3.6 spaces per 1,000 square feet. This is a truly exceptional opportunity to secure high-quality office space in a thriving Colorado Springs location.

    Property Features for 2864 Circle Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    150,163 SF
    Total Rate
    175190.17

    Building Details

    Year Built/Renovated
    1973/2019

    Unit(s) available at that property

    Space
    Suite 100
    Size
    1,294 SF
    Rate per SF
    $14
    Space
    6th Floor
    Size
    12,225 SF
    Rate per SF
    $14
    Space
    Suite 800
    Size
    8,191 SF
    Rate per SF
    $14
    Space
    9th Floor
    Size
    12,225 SF
    Rate per SF
    $14
    Space
    10th Floor
    Size
    12,225 SF
    Rate per SF
    $14
    Space
    11th Floor
    Size
    12,225 SF
    Rate per SF
    $14
    Space
    12th Floor
    Size
    12,225 SF
    Rate per SF
    $14

    HighLights

    • 150,163 SF office building in El Paso County.
    • Multiple tenancy options available, ranging from 1,294 SF to 57,091 SF contiguous.
    • 72,662 SF of vacant space currently available.
    • Built in 1973, renovated in 2019.
    • 3.6 parking spaces per 1,000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    PriceAdvantage Software Company SET Family Medical ... Dentist Jennifer Wilson, PHD Psychologist SET Family Medical ... Medical Clinic CSU-Pueblo Tower Campus University

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.7935738
    Latitude
    38.7978203

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    FAQs

    What type of property is this?
    Office Property / Space - Executive & Traditional Suites Available
    Where is this office property / space located?
    The property is located at 2864 Circle Dr Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 150,163 SF office building in El Paso County.; Multiple tenancy options available, ranging from 1,294 SF to 57,091 SF contiguous.; 72,662 SF of vacant space currently available.
    Request Owner's contact information
    2864 Circle Dr Colorado Springs, CO 80906
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2864 Circle Dr Colorado Springs, CO 80906
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