New Office Buildings in Fort
For Sale
$2,029,300
3014 Golden Grove Dr 100-101, Fort Collins, CO 80528
New construction office buildings in desirable Fort Collins location.
Property Size5,798 SF
Lot Size0.15 Acres
Days on Market276
Property Features for 3014 Golden Grove Dr 100-101
General Information
Standard status
Active
Size
5,798 SF
Lot size
0.15 Acres
Property subtype
Commercial
Building Details
Building Size
5,798 SF
Year Built
2026
Listing Agency:
Cushman & Wakefield - Fort Collins, Colorado
(970) 690-6005
Listed By:
Cole Herk · License #FA.040018853
(970) 690-6005
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 15
Last Checked: Aug 29 at 12:33PM
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, Colorado
Investment Insights
Based on property information with market context.
Two new-construction, two-story office buildings are planned for completion in 2026 in south Fort Collins. Located within the Union Park mixed-use development near Harmony Road and Ziegler Avenue, the buildings offer proximity to retail and major employers. The buildings will feature modern architecture, large windows and flexible floor plans. Elevator service will be available. Suites will be available, with customized design features possible prior to completion. Pricing and size are for Suites 100 and 101.
Key Highlights
- New construction office buildings in 2026 in desirable south Fort Collins.
- Part of the Union Park mixed‑use development near Harmony Road and Ziegler.
- Proximity to high‑profile retail and large employers.
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
$81,360
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
4.01%
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%
$1,627,200
$1.6M
Cap Rate 7%
$1,162,286
$1.2M
Cap Rate 9%
$904,000
$904.0K
Market Conditions
NOI Build-Up for 5,798 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
$127.3K $21.96/SF
− Vacancy
−$18.8K −$3.25/SF
EGI
$108.5K $18.71/SF
− OpEx
−$27.1K −$4.68/SF
NOI
$81.4K $14.03/SF
Area
Fort Collins, CO
Vacancy
14.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
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%
$1,627,200
Cap Rate 7%
$1,162,286
Cap Rate 9%
$904,000
Alternative Uses
Best Use
Office B
$1.16M
$1.02M – $1.36M
NOI $81,360 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,686 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
825
Businesses Nearby
Explore this area
Business Placement
Demographics for 80528, CO
23,660
Population
8,986
Households
2.6
Avg Household Size
38
Median Age
63%
College-Educated
97%
High-School Grad
18.5 sq mi
ZIP Area
1,279
Density / Sq Mi
$122,133
Median Household Income
$57,739
Median Earnings
$1,906
Median Rent
$654,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - New construction office buildings in desirable Fort Collins location.
Where is this office building located?
The property is located at 3014 Golden Grove Dr 100-101 Fort Collins, CO.
What is the asking price?
The asking price for this property is $2,029,300.
What are key features of this property?
This property features: New construction office buildings in 2026 in desirable south Fort Collins.; Part of the Union Park mixed‑use development near Harmony Road and Ziegler.; Proximity to high‑profile retail and large employers.
