Own Your Space. Benefit from Existing Income. Capture Future Upside

Discover a versatile commercial real estate opportunity at 902 N Circle Drive in Colorado Springs, offering the flexibility of owner occupancy with existing rental income or a nearly fully leased investment with value-add potential. 

This approximately 14,500-square-foot, two-story office and flex/industrial property features a functional combination of professional office suites, warehouse space, and on-site parking. The second floor is occupied by multiple small office tenants, providing established rental income, while the first floor is currently owner-occupied and offers flexibility for the next purchaser.

For owner/users, the first-floor flex/industrial space can be delivered vacant at closing, allowing a business to establish its own headquarters while benefiting from income generated by existing second-floor tenants. This arrangement creates an opportunity to build equity, control occupancy costs, and offset ownership expenses through rental revenue.

For investors, the existing first-floor occupant may be willing to remain under a lease arrangement, creating the potential for a nearly fully leased, income-producing asset from day one. Additional upside may be available through lease optimization, potential adjustments to rentable square footage, and strategic improvements to rental income over time.

A significant advantage of the property is the inclusion of a separate contiguous tax parcel featuring secure fenced outdoor storage. This additional land area provides flexibility for the storage of equipment, vehicles, trailers, inventory, or other operational needs, making the property particularly attractive to contractors, service providers, and businesses requiring a combination of office, industrial, and secured yard space.

Located along North Circle Drive in central Colorado Springs, the property benefits from convenient access to East Platte Avenue, Downtown Colorado Springs, major transportation corridors, and Colorado Springs Airport. The building offers a combination of office functionality, warehouse capabilities, loading access, ample parking, and secured exterior storage.

Whether seeking a business headquarters with supplemental income or an investment property with opportunities to enhance cash flow, 902 N Circle Drive provides multiple paths to long-term value.

Existing leases and financial information are available to qualified purchasers.

Asking Price: $1,855,000

Building Size: Approximately 14,500 SF

Two Purchase Strategies: Owner/User or Income-Producing Investment

Existing Rental Income: Multiple second-floor office tenants

Flexible Occupancy: First-floor flex/industrial space may be delivered vacant or potentially leased back

Value-Add Potential: Opportunity to evaluate rentable square footage and optimize future income

Property Features: Private offices, conference rooms, warehouse/loading access, and secured exterior storage

Parking: Approximately 50 surface spaces reported

Grade-Level Loading

Minutes to Downtown: Close to amenities with quick access to major thoroughfares

Monument signage available

MX-M Zoning 

The offering includes a rare secure fenced storage yard situated on a separate contiguous tax parcel, creating additional functionality not commonly available with comparable office/flex properties. This added outdoor storage area enhances the property's appeal for owner/users requiring secure storage of vehicles, equipment, materials, or fleet operations while maintaining a professional office presence.