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Property profile & analytics
FOR LEASE
Medical Office Space

402 Garden Of The Gods Rd Colorado Springs, CO 80918

4,262 SF 0.41 ac lot Built 1982
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US13-1103199
Property summary
AI-generated overview

This exceptional medical office space, located at 402 Garden of the Gods Rd in Colorado Springs, CO 80907, presents a unique leasing opportunity. The property, built in 1982, offers a total of 5,735 square feet, with 1,953 square feet currently available for lease. The building is designated as a multi-tenant property, ideal for a variety of medical practices. The ample parking provides a convenient 4.8 spaces per 1,000 square feet of rentable space. Situated in El Paso County, this location benefits from excellent visibility and accessibility. The property's classification as a medical office ensures it meets specific requirements for healthcare operations. This space is perfect for a growing medical practice seeking a well-established location with convenient parking and ample square footage. The address is easily accessible and visible from Garden of the Gods Road, offering high visibility for your business. The 1,953 square feet of vacant space provides flexibility for customization to meet your specific needs. This is an excellent opportunity to establish or expand your medical practice in a thriving Colorado Springs community. Don't miss this chance to secure a prime location for your business.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1982
Construction WOOD FRAME
Total area 4,262 SF
Lot 0.41 ac (18,063 SF)
Zoning code C6/CR CU
APN 6319306009
UPID US13-1103199
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
  • ANNA M JONES Pediatrician Physician
  • Excel Physical Therapy Physician
  • Dr. David Stephens Physician
  • STEVEN LUKE WENRICH Physician
  • Foutch Catherine J Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.00M
CAP Approach CAP
$740k
Comparable Approach Comparable
$626k
Blend (final) Blend
$1.00M
Owner & transaction history
Garden Of The Gods LLC · 1 yrs held
Garden Of The Gods LLC
since 2024
Last sale
$1.0M
2 recorded transactions
2024
$1.0M
2005
Price N/A
Zoning & alternative use
C6/CR CU · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.6M +59.9%
Office building $1.2M +13.8%
Neighborhood: shopping center $1.1M +10.8%
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