Circle U Center | 1120 N Circle Dr
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Circle U Center 1120 N Circle Dr
20,000 SF 94% Leased Retail Building Colorado Springs, CO 80909 $2,565,000 ($128/SF)
Investment Highlights
- Pizza Hut (New 5 year Lease) Provides a Solid Foundation for Future Growth and Stability
- Great Parking Surrounds the Building for Easy Access
- Monument Signage for Maximum Exposure
Executive Summary
Investment opportunity in the heart of Colorado Springs!
Great anchor Tenant, Pizza Hut, just renewed their lease for an additional 5 years!
1120 North Circle Drive is a multi-tenant retail and office building that presents an exceptional investment opportunity with upside for both investors and owner-occupiers. With a total of 20,608 SF of well-maintained space sitting on 1.02 acres of land, this property was built in 1967. The building has been meticulously cared for providing tenants and their customers an attractive location to do business. Current tenants include well-known brands such as Pizza Hut, contributing to a stable income stream. High visibility along North Circle Drive, coupled with prominent monument signage, ensures that businesses in this location will attract significant attention. Ample parking enhances the property’s appeal, making it convenient for customers and tenants alike.
Call or email Steve Leigh for the financial details!
Great anchor Tenant, Pizza Hut, just renewed their lease for an additional 5 years!
1120 North Circle Drive is a multi-tenant retail and office building that presents an exceptional investment opportunity with upside for both investors and owner-occupiers. With a total of 20,608 SF of well-maintained space sitting on 1.02 acres of land, this property was built in 1967. The building has been meticulously cared for providing tenants and their customers an attractive location to do business. Current tenants include well-known brands such as Pizza Hut, contributing to a stable income stream. High visibility along North Circle Drive, coupled with prominent monument signage, ensures that businesses in this location will attract significant attention. Ample parking enhances the property’s appeal, making it convenient for customers and tenants alike.
Call or email Steve Leigh for the financial details!
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
20,000 SF
Building Class
C
Year Built/Renovated
1970/1987
Price
$2,565,000
Price Per SF
$128
Percent Leased
94%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.46
Lot Size
1.00 AC
Zoning
C-5 - Commercial real estate development
Parking
140 Spaces (7 Spaces per 1,000 SF Leased)
Frontage
178 FT on N Circle Dr
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
2,190 square feet available for lease.
| Space | Size | Space Use | Position | Available |
| 110 | 1,190 SF | Retail | In-Line | Now |
110
| Size |
| 1,190 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
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110
| Size | 1,190 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
2,190 square feet available for lease.
Walk Score ®
Very Walkable (76)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 64091-23-029 | Improvements Assessment | $254,130 |
| Land Assessment | $74,090 | Total Assessment | $328,220 |
PROPERTY TAXES
Parcel Number
64091-23-029
Land Assessment
$74,090
Improvements Assessment
$254,130
Total Assessment
$328,220
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Circle U Center | 1120 N Circle Dr
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