For Sale
$6,250,000

1501 Elizabeth StFort Collins, CO 80521

Fort Collins retail investment opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional mixed-use, multifamily, and retail property at 1501 W Elizabeth St, Fort Collins, CO 80521, presents a compelling investment opportunity. Boasting 63,598 total square feet, including 15,700 square feet of net rentable space, this Class A property is currently 100% occupied by five tenants under NNN leases. Built in 2015, the center sits on a 1.46-acre lot zoned (CC) County Commercial and features built-in rent bumps. The property's strong performance is reflected in its impressive $376,533 NOI and 6.02% cap rate. Located near Colorado State University, this highly visible and accessible center benefits from significant foot traffic and convenient access. The asking price is $6,250,000. This thriving retail hub offers both stability and significant growth potential for the discerning investor. The property's prime location and strong tenant base make it an ideal addition to any portfolio. This owner/user investment opportunity is a rare find in the competitive Fort Collins market.

Highlights

  • 15,700 SF retail center at 1501 W. Elizabeth St., Fort Collins, CO.
  • Located in the vibrant Campus West neighborhood, adjacent to Colorado State University.
  • Prime retail investment opportunity in a thriving Fort Collins market.
  • Offered by Coldwell Banker Realty and LC Real Estate Group.

Property Details for 1501 Elizabeth St

Property type
Lifestyle centers, Power centers
Square Feet
63,598 SF
Class
A
Year Built
2015
Lot Size (sq. ft)
63,598 SF

Location Insight

City
Fort Collins
County
Larimer
State
Colorado
Latitude
40.57429431
Longitude
-105.10370423
1501 Elizabeth St, Fort Collins, Colorado

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1501 Elizabeth St
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