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831 S Circle Dr 11,058 SF 100% Leased Retail Building Colorado Springs, CO 80910 $1,780,000 ($160.97/SF) 7% Cap Rate



Executive Summary
Absolutely 7 Cap Income Property with 4 very Stable Tenants, 5 Units, Well Maintained Strip Center situated at North East Corner of S. Circle Dr and E. Fountain Blvd ( Highway 24), Year Built in 1968, One story Masonry Building Size 11,058 Square Feet on the 67,954 Square feet, approximately 1.56 lot.
For more details, Call Helena Eby @719-822-6484 ebyrealestate@gmail.com, Jae Kim @303-949-2812, jaekimgm@gmail.com
For more details, Call Helena Eby @719-822-6484 ebyrealestate@gmail.com, Jae Kim @303-949-2812, jaekimgm@gmail.com
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,058 SF
Building Class
B
Year Built
1968
Price
$1,780,000
Price Per SF
$160.97
Cap Rate
7%
NOI
$124,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.56 AC
Zoning
PBC - MX-M - Mixed-Use Medium Scale
Parking
60 Spaces (5.43 Spaces per 1,000 SF Leased)
Frontage
283’ on S Circle Dr
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Church of the Most High
- Public Administration
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Counseling Company
- Services
- -
-
$9.99
-
Lorem Ipsum
- -
- Office Tenant
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Church of the Most High | Public Administration | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Counseling Company | Services | - | $9.99 | Lorem Ipsum | - | |
| Office Tenant | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 64211-18-003 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $322,520 |
Property Taxes
Parcel Number
64211-18-003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$322,520
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831 S Circle Dr
