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$9,900,000
Est. payment /mo
41,225 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale: Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 41,225 sqft
Subdivision 11903 - Strachan
MLS Listing ID 1042176
HOA Y/N false
Abv Grd Liv Area 41,225
Year Built 1984
Annual Tax Amount $170,521
Lot Size 3.300 Acres
Acres 3.3
Property Sub-Type Sale: Commercial/Industrial
Source IRES MLS
Property Description
RE/MAX Commercial Alliance is proud to offer this exceptional opportunity to acquire a fully leased NNN property, avail for the first time since its construction. 7% Cap Rate, 100% Occupied. Tenant Mix Incls 16 Tenants, Multiple Nationals. Two Rooftop Antenna Cell Leases w/Value of $1M at a 5% Cap. 2026 NOI $664,100 Incls 5% Vacancy and Mgmt. The sale incls a 0.875 acre pad site, unlocking future development or expansion potential. 41,225 SF Elevator Served Building on 3.3 Acres. 2008 Major Interior Remodel and New HVAC Completed. New Roof in 2024. Well Managed with Reliable Financial Info. 148 Parking Spaces (3.89 parking ratio). Within the General Commercial Zone District.
Location
State CO
County Larimer
Area Fort Collins
Zoning CG
Direction Located at the south east corner of E Monroe Drive and John F. Kennedy Parkway
Interior
Heating Forced Air
Cooling Central Air
Exterior
Roof Type Flat
Building
Water City Water, City
Structure Type Brick/Brick Veneer
New Construction false
Others
Senior Community false
Tax ID R1145266
SqFt Source Assessor
Special Listing Condition Partnership
Read Less Info
Listed by Michelle Hickey Crawford • RE/MAX Comm. Alliance-FTC Dwtn • 9702157016