High-Bay Flex
For Sale
Contact for pricing
1001-1001 Buckingham, Fort Collins, CO 80524
Functional flex facility with office, warehouse, manufacturing, and outdoor storage areas.
Property Size50,680 SF
Lot Size6.01 Acres
Price / SF$207.18
Days on Market8
Property Features for 1001-1001 Buckingham
General Information
Standard status
Active
Size
50,680 SF
Lot size
6.01 Acres
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
30 ft
Heavy Power
Yes
Building Details
Buildings
1
Building Size
50,680 SF
Listing Agency:
Cushman & Wakefield | Fort Collins
(970) 776-3900
Listed By:
Jared Goodman · License #40017764
(970) 267-7723
Source:
Moodyscre
Added: Sep 8
Changed: Sep 9
Last Checked: Sep 14 at 11:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Fort Collins
Investment Insights
Based on property information with market context.
This 50,680 SF flex facility occupies 6.01 acres and combines two-story office space with high-bay warehouse and manufacturing areas. The building offers 30' clear heights, heavy power, dock-high loading, and grade-level loading. Approximately 1.99 acres are designated for outdoor storage, and the site supports expansion to approximately 90,000 SF.
Located at 1001-1001 Buckingham in Fort Collins, the property is within the Larimer County Enterprise Zone. The site is minutes from I-25, Highway 14, Downtown Fort Collins, and CSU, with access across Northern Colorado and the Front Range.
Located at 1001-1001 Buckingham in Fort Collins, the property is within the Larimer County Enterprise Zone. The site is minutes from I-25, Highway 14, Downtown Fort Collins, and CSU, with access across Northern Colorado and the Front Range.
Key Highlights
- 50,680 SF industrial facility on 6.01 acres
- 30' clear heights in high‑bay warehouse and manufacturing areas
- Dock‑high and grade‑level loading
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$619,031
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$12,380,620
$12.4M
Cap Rate 7%
$8,843,300
$8.8M
Cap Rate 9%
$6,878,122
$6.9M
Market Conditions
NOI Build-Up for 50,680 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$760.2K $15.00/SF
− Vacancy
−$31.9K −$0.63/SF
EGI
$728.3K $14.37/SF
− OpEx
−$109.2K −$2.16/SF
NOI
$619.0K $12.21/SF
Area
Fort Collins, CO
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$12,380,620
Cap Rate 7%
$8,843,300
Cap Rate 9%
$6,878,122
Alternative Uses
Best Use
Warehouse
$8.84M
$7.74M – $10.32M
NOI $619,031 @ 7.0% cap · market cap 5.90%
Second Best
Industrial
$7.28M
$6.37M – $8.50M
NOI $509,790 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$13.20M
$11.55M – $15.40M
NOI $923,795 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
30 ft
Clear height
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80524, CO
39,030
Population
17,548
Households
2.2
Avg Household Size
37
Median Age
52%
College-Educated
94%
High-School Grad
122.7 sq mi
ZIP Area
318
Density / Sq Mi
$84,440
Median Household Income
$45,046
Median Earnings
$1,623
Median Rent
$527,700
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Functional flex facility with office, warehouse, manufacturing, and outdoor storage areas.
Where is this flex space located?
The property is located at 1001-1001 Buckingham Fort Collins, CO.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: 50,680 SF industrial facility on 6.01 acres; 30' clear heights in high‑bay warehouse and manufacturing areas; Dock‑high and grade‑level loading
