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Second-Floor Office Suite
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123-145 N College Ave, Fort Collins, CO 80524

Second-floor office suite with private offices, reception and conference room, and two garage parking spaces.

Property Size746 SF
Price / SF$335.12
Days on Market151

Property Features for 123-145 N College Ave

General Information

Standard status Active
Size 746 SF
Total Parking Spaces 2
Property subtype RETAIL

Amenities

private access off of the second floor atrium
two private offices with exterior windows
large reception area with conference room
Listing Agency: CBRE - Fort Collins
Listed By: Annah Moore · License #CO40022278
Source: Moodyscre
Added: Mar 2 Changed: Jul 26 Last Checked: Jul 30 at 2:25PM

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 CBRE - Fort Collins

Investment Insights

Based on property information with market context.

This second-floor office suite features private access off the second-floor atrium and includes two private offices with exterior windows, along with a large reception area and a conference room. The space has been updated with new carpet and paint.

The suite is accessed through the building’s second-floor atrium area and comes with two garage parking spaces for added convenience.

With its reception, conference room, and two windowed offices, the layout is well suited for professional teams that need both client-facing and private work areas.

Key Highlights

  • Private access off the second‑floor atrium
  • Second‑floor office suite includes a large reception area and a conference room
  • Two private offices with exterior windows

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $16.4k $21.96
− Vacancy −$2.4k −$3.25
EGI $14.0k $18.71
− OpEx −$3.5k −$4.68
NOI $10.5k $14.03
746 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$149.5K
$130.9K – $174.5K (±1% cap)
NOI $10,468 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$194.3K
$170.0K – $226.6K (±1% cap)
NOI $13,598 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Storage Facility Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,558
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor office suite with private offices, reception and conference room, and two garage parking spaces.
Where is this office units located?
The property is located at 123-145 N College Ave Fort Collins, CO.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Private access off the second‑floor atrium; Second‑floor office suite includes a large reception area and a conference room; Two private offices with exterior windows
(970) 227-0035 Call to check price and availability
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