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3 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 2508
  • 10,000 SF
  • Medical
  • $3,675,292 CAD ($367.53 CAD/SF)
  • $257,270.37 CAD
Sale Type Investment or Owner User
Cap Rate 7.00%
Sale Conditions 1031 Exchange
APN/Parcel ID 64164-04-061
Description
LOCATION:
The Printers Park Market Center Site is situated at the northwest corner of Airport Road and Circle Drive. It is bounded on the south by Airport Road and a portion of the property is bounded on the east by Circle Drive. Approximately 1/8 mile to the west is Printers Parkway and approximately 3/4 of a mile to the north is Platte Avenue.

PRINTERS PARK VICINITY:
The Printers Park Area was originally a one square mile area owned by the Union Printers Home. It was subdivided in the 70's by Bill Smart and now is home to numerous hospitals, medical facilities, the Pikes Peak Regional Building Department, Colorado Springs Fire Department headquarters and training facility and a charter school.

UPGRADES TO THE CENTER:
New Roof, Updated HVAC & Electrical
Sale Notes
10,000 SF Single-Tenant Condo Investment Opportunity
Leased to Liberty Dialysis — Established National Healthcare Tenant
Absolute NNN Lease Structure with Zero Landlord Expense Responsibilities
Current Lease Term Extends Through 2029
Two (2) Additional Three-Year Renewal Options
3% Annual Rental Increases Provide Built-In NOI Growth
Stable, Recession-Resistant Medical Use
Ideal Opportunity for 1031 Exchange or Passive Healthcare Investment Buyer
  • Unit 2512
  • 31,000 SF
  • Office/Retail
  • $4,856,222 CAD ($156.65 CAD/SF)
  • -
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange
Description
LOCATION:
The Printers Park Market Center Site is situated at the northwest corner of Airport Road and Circle Drive. It is bounded on the south by Airport Road and a portion of the property is bounded on the east by Circle Drive. Approximately 1/8 mile to the west is Printers Parkway and approximately 3/4 of a mile to the north is Platte Avenue.

PRINTERS PARK VICINITY:
The Printers Park Area was originally a one square mile area owned by the Union Printers Home. It was subdivided in the 70's by Bill Smart and now is home to numerous hospitals, medical facilities, the Pikes Peak Regional Building Department, Colorado Springs Fire Department headquarters and training facility and a charter school.

UPGRADES TO THE CENTER:
New Roof, Updated HVAC & Electrical
  • Unit 2516
  • 21,820 SF
  • Retail
  • $2,200,776 CAD ($100.86 CAD/SF)
  • $154,054.28 CAD
Sale Type Investment or Owner User
Cap Rate 7.00%
Sale Conditions 1031 Exchange
APN/Parcel ID 64164-04-063
Description
LOCATION:
The Printers Park Market Center Site is situated at the northwest corner of Airport Road and Circle Drive. It is bounded on the south by Airport Road and a portion of the property is bounded on the east by Circle Drive. Approximately 1/8 mile to the west is Printers Parkway and approximately 3/4 of a mile to the north is Platte Avenue.

PRINTERS PARK VICINITY:
The Printers Park Area was originally a one square mile area owned by the Union Printers Home. It was subdivided in the 70's by Bill Smart and now is home to numerous hospitals, medical facilities, the Pikes Peak Regional Building Department, Colorado Springs Fire Department headquarters and training facility and a charter school.

UPGRADES TO THE CENTER:
New Roof, Updated HVAC & Electrical
Sale Notes
NNN Lease Structure with Limited Landlord Exposure – Planet Fitness is responsible for operating expenses, taxes, insurance, and maintenance subject to negotiated reimbursement caps, providing a highly passive ownership structure while limiting day-to-day landlord responsibilities.

National Credit Tenant with Long-Term Brand Recognition – Leased to Planet Fitness, one of the nation’s largest fitness operators, offering investors a stable tenancy and durable consumer-oriented use.

Significant Rental Upside Through Below-Market In-Place Lease Rate – Current rent of approximately $5.20/SF NNN is well below prevailing retail market rates in the Circle Drive & Airport Road corridor, creating an attractive opportunity for a long-term investor to capture embedded rental growth.

Built-In 25% Rent Increase Scheduled for 2030 – Lease economics include a substantial contractual rental adjustment in 2030, providing a meaningful NOI growth catalyst and potential increase in asset value.

Future Mark-to-Market Opportunity – Following the 2030 rent adjustment, ownership may have the ability to reposition rents closer to prevailing market levels, creating additional upside for a patient buyer focused on long-term appreciation.

Well-Located Colorado Springs Retail Investment – Prominent intersection location at Circle Drive and Airport Road with strong visibility, accessibility, and proximity to established residential and commercial demand drivers.

Attractive Passive Investment / 1031 Exchange Opportunity – An opportunity for investors seeking a stabilized national tenant, limited management requirements, and long-term appreciation potential through future rental growth.
Unit Unit Size Condo Use Price NOI
Unit 2508 10,000 SF Medical $3,675,292 CAD ($367.53 CAD/SF) $257,270.37 CAD
Unit 2512 31,000 SF Office/Retail $4,856,222 CAD ($156.65 CAD/SF) -
Unit 2516 21,820 SF Retail $2,200,776 CAD ($100.86 CAD/SF) $154,054.28 CAD

Unit 2508

Unit Size
10,000 SF
Condo Use
Medical
Price
$3,675,292 CAD ($367.53 CAD/SF)
NOI
$257,270.37 CAD

Unit 2512

Unit Size
31,000 SF
Condo Use
Office/Retail
Price
$4,856,222 CAD ($156.65 CAD/SF)
NOI
-

Unit 2516

Unit Size
21,820 SF
Condo Use
Retail
Price
$2,200,776 CAD ($100.86 CAD/SF)
NOI
$154,054.28 CAD

Unit 2508

Unit Size 10,000 SF
Condo Use Medical
Price $3,675,292 CAD ($367.53 CAD/SF)
NOI $257,270.37 CAD
Sale Type Investment or Owner User
Cap Rate 7.00%
Sale Conditions 1031 Exchange
APN/Parcel ID 64164-04-061
Description
LOCATION: <br> The Printers Park Market Center Site is situated at the northwest corner of Airport Road and Circle Drive. It is bounded on the south by Airport Road and a portion of the property is bounded on the east by Circle Drive. Approximately 1/8 mile to the west is Printers Parkway and approximately 3/4 of a mile to the north is Platte Avenue.<br> <br> PRINTERS PARK VICINITY: <br> The Printers Park Area was originally a one square mile area owned by the Union Printers Home. It was subdivided in the 70&#39;s by Bill Smart and now is home to numerous hospitals, medical facilities, the Pikes Peak Regional Building Department, Colorado Springs Fire Department headquarters and training facility and a charter school. <br> <br> UPGRADES TO THE CENTER:<br> New Roof, Updated HVAC &amp; Electrical</li></ul>
Sale Notes
10,000 SF Single-Tenant Condo Investment Opportunity<br> Leased to Liberty Dialysis — Established National Healthcare Tenant<br> Absolute NNN Lease Structure with Zero Landlord Expense Responsibilities<br> Current Lease Term Extends Through 2029<br> Two (2) Additional Three-Year Renewal Options<br> 3% Annual Rental Increases Provide Built-In NOI Growth<br> Stable, Recession-Resistant Medical Use<br> Ideal Opportunity for 1031 Exchange or Passive Healthcare Investment Buyer</li></ul>

Unit 2512

Unit Size 31,000 SF
Condo Use Office/Retail
Price $4,856,222 CAD ($156.65 CAD/SF)
NOI -
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange
Description
LOCATION: <br> The Printers Park Market Center Site is situated at the northwest corner of Airport Road and Circle Drive. It is bounded on the south by Airport Road and a portion of the property is bounded on the east by Circle Drive. Approximately 1/8 mile to the west is Printers Parkway and approximately 3/4 of a mile to the north is Platte Avenue.<br> <br> PRINTERS PARK VICINITY: <br> The Printers Park Area was originally a one square mile area owned by the Union Printers Home. It was subdivided in the 70&#39;s by Bill Smart and now is home to numerous hospitals, medical facilities, the Pikes Peak Regional Building Department, Colorado Springs Fire Department headquarters and training facility and a charter school. <br> <br> UPGRADES TO THE CENTER:<br> New Roof, Updated HVAC &amp; Electrical</li></ul>

Unit 2516

Unit Size 21,820 SF
Condo Use Retail
Price $2,200,776 CAD ($100.86 CAD/SF)
NOI $154,054.28 CAD
Sale Type Investment or Owner User
Cap Rate 7.00%
Sale Conditions 1031 Exchange
APN/Parcel ID 64164-04-063
Description
LOCATION: <br> The Printers Park Market Center Site is situated at the northwest corner of Airport Road and Circle Drive. It is bounded on the south by Airport Road and a portion of the property is bounded on the east by Circle Drive. Approximately 1/8 mile to the west is Printers Parkway and approximately 3/4 of a mile to the north is Platte Avenue.<br> <br> PRINTERS PARK VICINITY: <br> The Printers Park Area was originally a one square mile area owned by the Union Printers Home. It was subdivided in the 70&#39;s by Bill Smart and now is home to numerous hospitals, medical facilities, the Pikes Peak Regional Building Department, Colorado Springs Fire Department headquarters and training facility and a charter school. <br> <br> UPGRADES TO THE CENTER:<br> New Roof, Updated HVAC &amp; Electrical</li></ul>
Sale Notes
NNN Lease Structure with Limited Landlord Exposure – Planet Fitness is responsible for operating expenses, taxes, insurance, and maintenance subject to negotiated reimbursement caps, providing a highly passive ownership structure while limiting day-to-day landlord responsibilities.<br> <br> National Credit Tenant with Long-Term Brand Recognition – Leased to Planet Fitness, one of the nation’s largest fitness operators, offering investors a stable tenancy and durable consumer-oriented use.<br> <br> Significant Rental Upside Through Below-Market In-Place Lease Rate – Current rent of approximately $5.20/SF NNN is well below prevailing retail market rates in the Circle Drive &amp; Airport Road corridor, creating an attractive opportunity for a long-term investor to capture embedded rental growth.<br> <br> Built-In 25% Rent Increase Scheduled for 2030 – Lease economics include a substantial contractual rental adjustment in 2030, providing a meaningful NOI growth catalyst and potential increase in asset value.<br> <br> Future Mark-to-Market Opportunity – Following the 2030 rent adjustment, ownership may have the ability to reposition rents closer to prevailing market levels, creating additional upside for a patient buyer focused on long-term appreciation.<br> <br> Well-Located Colorado Springs Retail Investment – Prominent intersection location at Circle Drive and Airport Road with strong visibility, accessibility, and proximity to established residential and commercial demand drivers.<br> <br> Attractive Passive Investment / 1031 Exchange Opportunity – An opportunity for investors seeking a stabilized national tenant, limited management requirements, and long-term appreciation potential through future rental growth.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 104,918 SF
Property Type
Retail
  • Office Medical
  • General Retail Health Club
Building Class B
Floors 1
Typical Floor Size 104,918 SF
Year Built 1964
Lot Size 11.00 AC
Parking Ratio 9.05/1,000 SF
Zoning MX-M CU - New MX-M Zoning allows for many flexible uses,. potential outdoor uses too using the parking lot

Amenities

  • Bus Line
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

U.S. Bank
Academy Bank
Dutch Bros
the Human Bean
Wells Fargo Home Mortgage
Huntington National Bank
Starbucks
Perkins
IHOP
  • Listing ID: 40927435

  • Date on Market: 2026-06-15

  • Last Updated:

  • Address: 2508-2520 Airport Rd, Colorado Springs, CO 80910

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