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MIXED USE INVESTOR SALE 2395 Briargate Blvd 6,117 SF Office Building Colorado Springs, CO 80920 $2,638,407 CAD ($431.32 CAD/SF) 6.76% Cap Rate
Investment Highlights
- Strong cap rate with single tenant stability
- Located near I-25
- Ample parking
Executive Summary
2395 Briargate Blvd is a fully leased, premium commercial property occupied by PyeBarker FS (pyebarkerfs.com), a national credit company. This investor sale offers stable income, a 6.8% cap rate, annual rent escalation, and prime location in Colorado Springs' high demand Briargate corridor. With a long-term lease and strong tenant credit, the property is ideal for a 1031 exchange purchaser seeking a low-risk, income producing asset.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Building Size
6,117 SF
Building Class
B
Year Built/Renovated
1983/2025
Price
$2,638,407 CAD
Price Per SF
$431.32 CAD
Cap Rate
6.76%
NOI
$178,314 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,117 SF
Building FAR
0.16
Lot Size
0.88 AC
Zoning
MX-N - Mixed-use
Parking
28 Spaces (4.58 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Signage
- Air Conditioning
- Fiber Optic Internet
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Property Taxes
| Parcel Number | 63044-12-027 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $480,996 CAD |
Property Taxes
Parcel Number
63044-12-027
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$480,996 CAD
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MIXED USE INVESTOR SALE | 2395 Briargate Blvd
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