1526 Oakridge DrFort Collins, CO 80525

Property Details for 1526 Oakridge Dr

Year built

2003

Lot size

1.48 AC

Property size (Sq ft)

6,425 SF

Property type

Medical offices

Property subtype

Medical centers

APN

86062-43-001

APU

8606243001

Description

This exceptional 6,425 square foot medical office building, situated on a 1.48-acre lot in Fort Collins, Colorado, presents a compelling investment opportunity. Built in 2003 and renovated in 2018, the single-story property boasts 64 parking spaces and is zoned HC - Harmony Corridor. Currently 100% occupied by a Fresenius Kidney Care facility under a corporate lease guaranty with a remaining term of 4+ years, and three 5-year options to extend. The property generates a strong NOI of $162,921, representing a 6.00% cap rate at an asking price of $2,715,350 ($422.62/sq ft). The tenant, a publicly traded company (FMS) with a market cap exceeding $16.37 billion, provides exceptional financial stability and long-term growth potential. Rent bumps are included in the lease agreement. This is a rare opportunity to acquire a high-quality, fully leased medical office building in a desirable location with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,535,092

  6.5%

  $1,417,008

  7%

  $1,315,793

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,687,127

  Geo Method

  $530,834

• Alternative Use

  Use

  Valuation

  Residential

  $1,757,090

  Hospitality

  $1,609,485

  Educational

  $1,339,072

  Medical

  $1,385,125

  Retail

  $2,083,002

Location Insight

City

Fort Collins

County

Larimer

State

Colorado

Latitude

40.523

Longitude

-105.051

CBSA code

22660

CBSA name

FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].