Description

Fully Leased Medical Office is a 5,932 SF medical office property offered for sale at 3210 North Academy Boulevard in Colorado Springs, CO, in the North submarket. Its 100% occupancy positions the single-tenant building as an investment in existing income.

The Class B building was built in 1982 and has one story, with a 5,932 SF floor plate. That layout gives the tenant the full building rather than space shared across multiple floors or occupancies. Monument signage provides a defined place for the occupant’s identity, while 22 parking spaces and a parking ratio of 3.71 per 1,000 SF are relevant to patient and staff access. The property sits on 0.26 acres and carries MX-M zoning. Together, the building format, signage and parking make the physical setup straightforward to understand alongside the tenancy.

The asking price is $895,000, with a quoted price of $150.88 PSF. NOI is $60,339 and the cap rate is 6.75%, giving investors figures against which to judge the purchase. The 100% occupancy keeps the focus on the existing single-tenant income rather than a vacant-space leasing plan. For a buyer seeking a medical office asset, the opportunity is a fully occupied building with its parking, signage and operating figures presented as part of the same investment.