Office Suite with Private
For Sale
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2002 Caribou, Fort Collins, CO 80525
Office suite in Timberline Office Park with private offices, open work area, reception, kitchenette, and wet bar.
Property Size5,568 SF
Price / SF$197.56
Days on Market789
Property Features for 2002 Caribou
General Information
Standard status
Active
Size
5,568 SF
Property subtype
OFFICE
Listing Agency:
The Group, Inc.
(970) 229-0700
Listed By:
Craig Hau
(970) 222-0077
Source:
Moodyscre
Added: Aug 14, 2024
Changed: Oct 3
Last Checked: Oct 10 at 1:41PM
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 The Group, Inc.
Investment Insights
Based on property information with market context.
This office suite in Timberline Office Park includes numerous private offices plus an open work area designed for shared workspace needs. The layout also features a reception area with a built-in desk, a large kitchenette, and a copy room with built-in counters. A wet bar is also included within the suite.
Located in south-central Fort Collins, the suite is situated within Timberline Office Park. Suite 101 is available for both purchase and lease.
The space is configured to support a staffed office environment, combining private office rooms with common-area work and reception space, along with dedicated support areas such as a kitchenette and copy room.
Located in south-central Fort Collins, the suite is situated within Timberline Office Park. Suite 101 is available for both purchase and lease.
The space is configured to support a staffed office environment, combining private office rooms with common-area work and reception space, along with dedicated support areas such as a kitchenette and copy room.
Key Highlights
- Office suite in Timberline Office Park in south‑central Fort Collins
- Suite 101 includes numerous private offices plus an open work area
- Reception area features a built‑in desk
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,133
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,562,660
$1.6M
Cap Rate 7%
$1,116,186
$1.1M
Cap Rate 9%
$868,144
$868.1K
Market Conditions
NOI Build-Up for 5,568 SF
Gross rent
$122.3K $21.96/SF
− Vacancy
−$18.1K −$3.25/SF
EGI
$104.2K $18.71/SF
− OpEx
−$26.0K −$4.68/SF
NOI
$78.1K $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 Rate 5%
$1,562,660
Cap Rate 7%
$1,116,186
Cap Rate 9%
$868,144
Alternative Uses
Best Use
Office B
$1.12M
$976.7K – $1.30M
NOI $78,133 @ 7.0% cap · market cap 7.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,494 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,039
Businesses Nearby
Explore this area
Business Placement
Demographics for 80525, CO
55,901
Population
25,144
Households
2.2
Avg Household Size
37
Median Age
59%
College-Educated
98%
High-School Grad
23.4 sq mi
ZIP Area
2,389
Density / Sq Mi
$93,349
Median Household Income
$48,876
Median Earnings
$1,744
Median Rent
$563,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Office suite in Timberline Office Park with private offices, open work area, reception, kitchenette, and wet bar.
Where is this office units located?
The property is located at 2002 Caribou Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Office suite in Timberline Office Park in south‑central Fort Collins; Suite 101 includes numerous private offices plus an open work area; Reception area features a built‑in desk
