628 N CIR DR

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628 N CIR DR

COLORADO SPRINGS, CO 80909-5120
Asking Price
$565K
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 628 N Cir Dr in Colorado Springs
  • Traditional office building comprising 3,757 square feet
  • Current asset usage functions as a church property
  • Offered for sale at a price of $565,000
  • Positioned with high visibility along Circle Drive

What's Special

Situated along the Circle Drive corridor, this Colorado Springs property provides visibility within a central commercial submarket. The asset consists of a 3,757-square-foot traditional office building currently utilized as a church facility. Its location offers accessibility for commuters navigating the broader Pikes Peak region, an area characterized by a diverse economy driven by military installations and emerging technology sectors. The layout is suitable for continued use as an assembly space, private office quarters, or service-oriented commercial operations seeking street-level exposure. Professionals and community organizations alike will find the site placement advantageous for maintaining a consistent local presence. The structure functions well for traditional office configurations, allowing for versatile floor plans that accommodate professional services or administrative functions.

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NOI
$80,000
Cap Rate
14.16%
DSCR
2.38
Strong
Cash-on-Cash
27.41%
Monthly Payment
$2,795.312
Annual Cash Flow
$46,456.259

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