North Circle Plaza

Off-Market

1809 North Circle Drive, Colorado Springs, CO 80909

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Neighborhood Center
  • Property Size 73,644 SF
  • Lot Size 5.7 Acre
  • Parking Spaces Avail. 175
  • Parking Ratio 2.38 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1967

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Colorado Springs

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Colorado Springs Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $22.34
  • 2022 Office Vacancy Rate 17.97%
  • 2022 Office Completions (SF) 50,000

Colorado Springs Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $170.63
  • Y-o-Y Avg. PpSF Change -6.22%
  • 2022 Office Sales Volume $164.3M
  • 2022 Number of Transactions 13
View more Colorado Springs market trends

Location

Getting Around

  • Walk Score ®

    56/100 Somewhat Walkable
  • Transit Score ®

    24/100 Minimal Transit
  • Bike Score ®

    69/100 Bikeable
Powered by Walk Score ®
  • City Colorado Springs, CO
  • Neighborhood Knob Hill
  • Zip Code 80909
  • Market Denver

Points of Interest

  • Manitou Springs

    8.46 miles

  • Valero

    0.93 miles

  • Sinclair

    0.94 miles

  • Kum & Go

    1.06 miles

  • Shell

    1.13 miles

  • Conoco

    1.18 miles

  • North Murray Gas

    1.65 miles

  • Conoco

    1.78 miles

  • Shell

    1.83 miles

  • Shell

    1.86 miles

  • Diamond Shamrock

    2.26 miles

  • Parking Areas 27 & 28

    1.02 miles

  • Parking Lot 18

    1.02 miles

  • Parking Area 26

    1.05 miles

  • Parking Lot 17

    1.13 miles

  • Parking Area 25

    1.14 miles

  • TRAIL HEAD

    1.30 miles

  • Parking Area 30

    1.34 miles

  • Parking Lot 16

    1.35 miles

  • Yucca Flats

    1.47 miles

  • Peak Vista Overflow Parking

    1.68 miles

  • Pizza Hut

    0.75 miles

  • Domino's

    0.79 miles

  • Kang Nam Restaurant

    0.82 miles

  • House of Yakitori

    0.94 miles

  • Tan Phat Vietnamese Restaurant

    0.96 miles

  • Taco Bell

    0.96 miles

  • Musashi Japanese Restaurant

    0.99 miles

  • Arby's

    1.01 miles

  • Havana Grill

    1.02 miles

  • Subway

    1.03 miles

  • Safeway

    0.72 miles

  • Walmart Neighborhood Market

    1.00 miles

  • Upper Carniceria

    1.16 miles

  • Citadel Mall

    1.22 miles

  • Walmart Supercenter

    1.47 miles

  • Walmart Neighborhood Market

    1.83 miles

  • Save-A-Lot

    1.84 miles

  • Safeway

    2.36 miles

  • Save-A-Lot

    2.37 miles

  • Asian Pacific Market

    2.38 miles

Frequently Asked Questions

What is the total square footage of North Circle Plaza?

North Circle Plaza totals 73,644 square feet.

When was this property built?

North Circle Plaza was built in 1967.

What is the property tax for North Circle Plaza?

The property tax for North Circle Plaza in 2022 was $33,850.

What is the market value for North Circle Plaza?

The market value* for North Circle Plaza in 2022 was $1,971,345.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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