Colorado Springs · Commercial sale
Broadmoor Hotel buys 10 Lake Cir in Colorado Springs for $8 million
An office building at 10 Lake Cir, Colorado Springs sold for $8,000,000 on August 11, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $8,000,000
- Sold
- August 11, 2026
- Property type
- Office building
- Lot size
- 42,918 sq ft
- Year built
- 1957
An office building at 10 Lake Cir in Colorado Springs sold for $8,000,000 on August 11, 2026, more than double its appraised value, according to the El Paso County Assessor's sales records. Broadmoor Hotel INC purchased the property.
The Assessor's records show the building was constructed in 1957 and sits on a 0.99-acre lot. The market value on record is $3,658,253—meaning the sale price is 2.2 times that figure.
What this sale costs to close
What does closing cost at this price? Under El Paso County custom the seller's larger charges are $17,225 for the owner's title insurance policy and $350 for the settlement / closing fee. The seller's estimated net is $7,957,937 before brokerage commissions and any loan payoff. A cash buyer would need about $7,976,752 at closing.
Source: El Paso County Assessor, weekly parcel data file, document 7435111004-20260811. Property details: El Paso County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
