2141 Academy Circle
Colorado Springs, Colorado 80909

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For Sale,

PROPERTY OVERVIEW

FOR SALE: The Executive Park Medical Building at 2141 Academy Circle is a full-service medical office building where Express Care occupies ½ the building. Additionally, there is a short-term lease with a chiropractor which generates $18,000 in annual rent. We anticipate that a buyer would occupy the vacant portions of the building and enjoy the rental income generated from tenants. (Express Care is part of the seller’s group and their tenancy is negotiable.) The asking price is $900,000 {$90.80 psf} which is well below the Tax Assessors estimated value {$1,016,038} and well below replacement cost.

The building is 9,912 square feet and sits on nearly an acre (36,920 sf) of OCSS zoned land with medical appropriate parking. The physical plant is an interesting atrium style construction which allows for single or multiple users. The YOC is 1979. Property taxes are $17,082. The El Paso County Tax Assesor’s parcel number is: 640-221-8007.

Quick Stats

SALE PRICE:
$900,000
SIZE:
9,921 SF
TYPE:
Medical Office, Office,

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