Second-Floor Office
For Sale
Contact for pricing
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
(970) 227-0035
Listed By:
Annah Moore · License #CO40022278
(970) 227-0035
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.
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
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
NOI $13,598 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,558
Businesses Nearby
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 Office in West region
Questions? Ask Rey
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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