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2508-2520 Airport Rd - Printer's Park Market Center 10,000 - 31,000 SF Condo Units Offered at $2,200,776 - $4,856,222 CAD Per Unit in Colorado Springs, CO 80910



3 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | 1031 Exchange |
| Cap Rate | 7.00% | APN/Parcel ID | 64164-04-061 |
| 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
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
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
| Sale Type | Investment or Owner User | Sale Conditions | 1031 Exchange |
| 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
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 Type | Investment or Owner User | Sale Conditions | 1031 Exchange |
| Cap Rate | 7.00% | APN/Parcel ID | 64164-04-063 |
| 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
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.
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 |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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'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 & 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> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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'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 & Electrical</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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'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 & 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 & 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.
Amenities
- Bus Line
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 29
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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2508-2520 Airport Rd - Printer's Park Market Center
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