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831 S Circle Dr 11,058 SF 100% Leased Retail Building Colorado Springs, CO 80910 $2,528,846 CAD ($228.69 CAD/SF) 7% Cap Rate



Executive Summary
Absolutely 7 Cap Income Property with 4 very Stable Tenants, Well Maintained Strip Center situated at North East Corner of S. Circle Dr and Martin Luther King Jr Bypass. 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
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,058 SF
Building Class
B
Year Built
1968
Price
$2,528,846 CAD
Price Per SF
$228.69 CAD
Cap Rate
7%
NOI
$177,019 CAD
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 CAD |
| Land Assessment | $0 CAD | Total Assessment | $458,204 CAD |
Property Taxes
Parcel Number
64211-18-003
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$458,204 CAD
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831 S Circle Dr
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