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Property profile & analytics
FOR LEASE
Strip malls

1120 N Circle Dr Colorado Springs, CO 80909

20,608 SF 1.02 ac lot Built 1967
Entity Owned 1-yr Hold Free & Clear
Property ID
US13-0647683
Property summary
AI-generated overview

This exceptional commercial property, located at 1120 N Circle Dr in Colorado Springs, Colorado, offers a 1,190 square foot medical office suite currently available for lease. The building is a multi-tenant property totaling 45,560 square feet situated on a 45,560 square foot lot in El Paso County, zip code 80909. The available space, Suite 110, includes a small kitchenette, bathroom, reception area, sizable conference room, and an additional office. This versatile space is ideal for a variety of medical practices seeking a collaborative workspace or a client-friendly environment. The property is strategically located in Colorado Springs, providing excellent access to major transportation routes and a thriving business community. The building is anchored by a Pizza Hut, ensuring high visibility and foot traffic. A total of 1,650 square feet within the larger building is currently vacant. This presents a unique opportunity for businesses to establish a presence in a dynamic and well-established commercial center. The property is classified as Retail and Office, with a subtype of Medical Office, Storefront, and Strip Center. Contact us to schedule a viewing and explore the potential of this exceptional space.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1967
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 20,608 SF
Lot 1.02 ac (44,431 SF)
Zoning code C5
APN 6409123029
UPID US13-0647683
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pizza Hut Take-out & Catering
  • Select Garage Doors Building Supply General Contractor
  • Kirby of Colorado Springs Factory Industrial Manufacturer
  • Abuzz Property Management LLC Property Management Company
  • Abuzz Property Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.65M
Owner & transaction history
North Circle Center LLC · 1 yrs held
North Circle Center LLC
since 2025
7 recorded transactions
2025
Price N/A
2020
Price N/A
2017
$1.8M
2016
Price N/A
2016
Price N/A
2001
Price N/A
1969
Price N/A
Zoning & alternative use
C5 · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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