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INVESTOR SALE - Price Reduction 2395 Briargate Blvd 6,117 SF Office Building Colorado Springs, CO 80920 $2,154,918 CAD ($352.28 CAD/SF) 8.52% Cap Rate
Investment Highlights
- Strong 8.52% cap rate, 3% annual rent escalations, single tenant stability.
- Located near I-25
- Ample parking. 4.58/1000sf.
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 8.52% cap rate, annual 3.0% rent escalation, and prime location in Colorado Springs' high demand Briargate corridor. With a long-term lease expiring 03/31/2031, and strong tenant credit, the property is ideal for an investor seeking a low-risk, income producing asset.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$183,662
|
$30.02
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $183,662 |
| Annual Per SF | $30.02 |
Property Facts
Sale Type
Investment
Property Type
Building Size
6,117 SF
Building Class
B
Year Built/Renovated
1983/2025
Price
$2,154,918 CAD
Price Per SF
$352.28 CAD
Cap Rate
8.52%
NOI
$183,662 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
- Wheelchair Accessible
- Reception
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
- Shower Facilities
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Construction
- 6,117 SF
- $36.40 CAD
- Modified Gross
- Mar 2031
Pye-Barker Fire & Safety began in 1946 and has grown from a regional fire protection business into a national provider of fire protection, life safety, and security services. The company installs, inspects, services, and repairs fire sprinklers, fire alarms, suppression systems, extinguishers, access control, CCTV, and intrusion detection systems for commercial and industrial facilities. Recent company updates show continued expansion through acquisitions and added capabilities across fire alarm, sprinkler, suppression, and security offerings.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Construction | 6,117 SF | $36.40 CAD | Modified Gross | Mar 2031 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 63044-12-027 | Improvements Assessment | $0 CAD (2026) |
| Land Assessment | $0 CAD (2026) | Total Assessment | $456,505 CAD (2026) |
Property Taxes
Parcel Number
63044-12-027
Land Assessment
$0 CAD (2026)
Improvements Assessment
$0 CAD (2026)
Total Assessment
$456,505 CAD (2026)
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INVESTOR SALE - Price Reduction | 2395 Briargate Blvd
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