For Sale
$2,850,000

140 Oak St Fort Collins, CO 80524

High-Occupancy Retail Investment Opportunity

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 13,050-square-foot retail center, located at 140 W Oak St. in the heart of Downtown Fort Collins, Colorado, presents a compelling investment opportunity. The property, known as Oak St. Plaza, boasts a strong 96.6% occupancy rate across its 16 tenants within 17 units. Built in 1925 and situated on a single two-story building, the property offers a blend of historical charm and modern functionality. The asking price is $2,850,000, translating to $218.39 per square foot, with a compelling 5.80% capitalization rate and a Net Operating Income (NOI) of $165,408. The property is zoned for Downtown District use, allowing for flexibility and potential repositioning opportunities. The multi-tenant, NNN lease structure provides a stable income stream. Ample street and garage parking are conveniently located nearby, enhancing the appeal for both tenants and customers. This prime location in the desirable downtown area of Fort Collins, within Larimer County and zip code 80524, offers significant potential for long-term growth and return on investment. The property's strong occupancy and favorable financial metrics make it an attractive addition to any portfolio.

Highlights

  • 13,050-square-foot retail center in Downtown Fort Collins, CO.
  • 96.6% occupancy across 17 units with 16 tenants.
  • Asking price: $2,850,000 ($218.39/SF), 5.80% cap rate, $165,408 NOI.
  • Downtown District zoning, offering flexibility and repositioning potential.
  • NNN leases provide stable income; ample nearby parking.

Property Details for 140 Oak St

Property type
Lifestyle centers, Power centers
Square Feet
13,050 SF
Year Built
1925
Buildings
1
Stories
2
Units
17

Location Insight

City
Fort Collins
County
Larimer
State
Colorado
Latitude
40.5855576308
Longitude
-105.07801535247

FAQs

What type of property is this?
Lifestyle center - High-Occupancy Retail Investment Opportunity
Where is the lifestyle center located?
The property is located at 140 Oak St Fort Collins, CO.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 13,050-square-foot retail center in Downtown Fort Collins, CO.; 96.6% occupancy across 17 units with 16 tenants.; Asking price: $2,850,000 ($218.39/SF), 5.80% cap rate, $165,408 NOI.
How can I contact the broker?
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140 Oak St
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