Skip to main content

Office Warehouse

6004 S College Ave

6004 S College Ave, Fort Collins, CO 80525

Listing Price: $1,250,000

Cap Rate
2.41%
Gross SF
7,200
Price/Gross SF
$173.61
Lot Size
1.17 acres
Year Built
1980
Rentable SF
7,200

Investment Overview

6004 S College Ave located in Fort Collins, CO. This is a class C flex property that sits on 1.17 acres directly off College Ave. The total building size is 7,200 SF with three drive-in doors. Currently positioned as mixed-use with two tenants in place. The tenants are on month-to-month leases and have been at the property for over a decade. Zoning here is general commercial, which allows for a variety of uses including marijuana sales. An excellent opportunity to purchase an asset with existing cash flow and below-market rents. The current leases are month to month which allows an investor to restructure the leases to capture additional operating expenses such as insurance and taxes. You can also reposition this property towards a more industrial use and focus on securing a single tenant for the building’s entirety

Investment Highlights

  • Existing Cash Flow
  • MTM Leases (Owner/User Potential)
  • Reposition Opportunity

Exclusively Listed By

Financing By

Listing Price: $1,250,000

Cap Rate
2.41%
Gross SF
7,200
Price/Gross SF
$173.61
Lot Size
1.17 acres
Year Built
1980
Rentable SF
7,200

Investment Highlights

  • Existing Cash Flow
  • MTM Leases (Owner/User Potential)
  • Reposition Opportunity

Investment Overview

6004 S College Ave located in Fort Collins, CO. This is a class C flex property that sits on 1.17 acres directly off College Ave. The total building size is 7,200 SF with three drive-in doors. Currently positioned as mixed-use with two tenants in place. The tenants are on month-to-month leases and have been at the property for over a decade. Zoning here is general commercial, which allows for a variety of uses including marijuana sales. An excellent opportunity to purchase an asset with existing cash flow and below-market rents. The current leases are month to month which allows an investor to restructure the leases to capture additional operating expenses such as insurance and taxes. You can also reposition this property towards a more industrial use and focus on securing a single tenant for the building’s entirety

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower