Office Medical
Eastside Medical
1304 N Academy Blvd, Colorado Springs, CO 80909
Listing Price: $1,950,000
Investment Overview
The Kramer Group of Marcus & Millichap is pleased to present the Eastside Medical – Dental building. This 22,664 gross square foot, class C medical office is located at 1304 N Academy Blvd in Colorado Springs. 100% occupied with longer term tenants, this opportunity provides an owner/user or investor with amazing upside.
Short-term leases and below market rents allow a new investor to increase their upside signing new tenants or bringing current tenants to market rates. Most of the tenants have occupied space for longer periods demonstrating the desirability of the building and location.
A new owner/user can benefit from the short-term leases and occupy a great building and location helping to offset the expenses and build equity in a desirable building and great location.
Eastside Medical
Investment Highlights
- - 100% Occupied with Short-Term Leases, and Below Market Rents. - Long-Term Tenants Demonstrate Desirability of The Building and Location.
- - Mid-Century Modern Design and Feel. - 22,664 Gross Square Feet per El Paso County. - Built in 1965.
- - Two Parcels Included in Sale, 1.44 Total Acres. - 61 Parking Spaces / 2.77/1,000 Ratio – Does not include additional Parcel. - Located on The Signalized Intersection of North Academy Blvd & East San
Exclusively Listed By
Listing Price: $1,950,000
Investment Highlights
- - 100% Occupied with Short-Term Leases, and Below Market Rents. - Long-Term Tenants Demonstrate Desirability of The Building and Location.
- - Mid-Century Modern Design and Feel. - 22,664 Gross Square Feet per El Paso County. - Built in 1965.
- - Two Parcels Included in Sale, 1.44 Total Acres. - 61 Parking Spaces / 2.77/1,000 Ratio – Does not include additional Parcel. - Located on The Signalized Intersection of North Academy Blvd & East San
Investment Overview
The Kramer Group of Marcus & Millichap is pleased to present the Eastside Medical – Dental building. This 22,664 gross square foot, class C medical office is located at 1304 N Academy Blvd in Colorado Springs. 100% occupied with longer term tenants, this opportunity provides an owner/user or investor with amazing upside. Short-term leases and below market rents allow a new investor to increase their upside signing new tenants or bringing current tenants to market rates. Most of the tenants have occupied space for longer periods demonstrating the desirability of the building and location. A new owner/user can benefit from the short-term leases and occupy a great building and location helping to offset the expenses and build equity in a desirable building and great location.
Exclusively Listed By
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