Downtown Office Condominium
For Sale
Contact for pricing
401 Linden St, Fort Collins, CO 80524
Office condominium suites with outdoor courtyards and a rooftop deck, suited for a range of office uses.
Property Size2,039 SF
Price / SF$410.99
Days on Market747
Property Features for 401 Linden St
General Information
Standard status
Active
Size
2,039 SF
Property subtype
OFFICE
Amenities
outdoor courtyards
rooftop deck
Listing Agency:
Commercial Real Estate Brokers
(970) 420-1891
Listed By:
Patty Spencer · License #ER.040017338
(970) 420-1891
Source:
Moodyscre
Added: Jul 18, 2024
Changed: Jul 26
Last Checked: Aug 3 at 1:49PM
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 Commercial Real Estate Brokers
Investment Insights
Based on property information with market context.
This offering consists of office condominium suites within Confluence Fort Collins, a multi-use commercial/residential development. Suites are designed to support office uses and include access to spacious outdoor courtyards and a rooftop deck with mountain views.
The property is located in the Historic River District in Downtown Fort Collins. The surrounding setting is described as an active, thriving district, with the development positioned at its epicenter.
Suites are presented as suitable for creative, executive, or general office use, with the outdoor courtyard and rooftop deck providing shared space for occupants.
The property is located in the Historic River District in Downtown Fort Collins. The surrounding setting is described as an active, thriving district, with the development positioned at its epicenter.
Suites are presented as suitable for creative, executive, or general office use, with the outdoor courtyard and rooftop deck providing shared space for occupants.
Key Highlights
- Office condominium suites in the Historic River District in downtown Fort Collins
- Suites designed for creative, executive, or general office uses
- Includes access to spacious outdoor courtyards
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 | $44.8k | $21.96 |
| − Vacancy | −$6.6k | −$3.25 |
| EGI | $38.1k | $18.71 |
| − OpEx | −$9.5k | −$4.68 |
| NOI | $28.6k | $14.03 |
2,039 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$408.7K
$357.7K – $476.9K
NOI $28,612 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$531.0K
$464.6K – $619.5K
NOI $37,167 @ 7.0% cap · market cap 4.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,882
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 - Office condominium suites with outdoor courtyards and a rooftop deck, suited for a range of office uses.
Where is this office units located?
The property is located at 401 Linden St Fort Collins, CO.
What is the asking price?
The asking price for this property is $838,000.
What are key features of this property?
This property features: Office condominium suites in the Historic River District in downtown Fort Collins; Suites designed for creative, executive, or general office uses; Includes access to spacious outdoor courtyards
