Flex Work & Storage
5705 N Garfield Ave Loveland, CO 80538
For Sale
Contact for pricing
Small flex work/storage units sized up to 1,375 sf with space for an office, workshop, or distribution warehouse.
Property Size1,375 SF
Price / SF$239.27
Days on Market468
Property Features for 5705 N Garfield Ave
General Information
Standard status
Active
Size
1,375 SF
Property subtype
INDUSTRIAL
Listing Agency:
CBRE - Fort Collins
(970) 305-8113
Listed By:
Jake Hallauer · License #FA100028819
(970) 305-8113
Source:
Moodyscre
Added: Apr 18, 2025
Changed: Jul 26
Last Checked: Jul 28 at 3:56PM
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.
For sale: small, affordable flex work/storage warehouse units built to support multiple uses, including office, workshop, distribution warehouse, or storage. Unit sizes range from 1,250± sf up to 1,375± sf.
Financing and incentive details are available, including 3.99% interest-only financing for 36 months, with only two seller financing loans remaining; call for details. An alternative offer includes $15,000 toward unit upgrades, with the offer ending July 31, 2026. Leasing incentives are also described for leases executed by July 31, 2026, including two months free rent on a 2-year minimum term.
Units are described as being constructed with quality materials and the latest building codes. The property is located at 5705 N Garfield Ave, Loveland, CO 80538.
Financing and incentive details are available, including 3.99% interest-only financing for 36 months, with only two seller financing loans remaining; call for details. An alternative offer includes $15,000 toward unit upgrades, with the offer ending July 31, 2026. Leasing incentives are also described for leases executed by July 31, 2026, including two months free rent on a 2-year minimum term.
Units are described as being constructed with quality materials and the latest building codes. The property is located at 5705 N Garfield Ave, Loveland, CO 80538.
Key Highlights
- 3.99% interest‑only financing available for 36 months (only 2 seller financing loans remain—call for details).
- Option to receive $15,000 toward unit upgrades; offer ends July 31, 2026.
- Lease by July 31, 2026 to receive 2 months free rent with a 2‑year minimum term.
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 | $27.9k | $20.28 |
| − Vacancy | −$1.9k | −$1.38 |
| EGI | $26.0k | $18.90 |
| − OpEx | −$6.5k | −$4.73 |
| NOI | $19.5k | $14.18 |
1,375 SF · lease $20.28/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$278.5K
$243.7K – $324.9K
NOI $19,492 @ 7.0% cap · market cap 5.92%
Second Best
Warehouse
$211.5K
$185.1K – $246.8K
NOI $14,806 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$369.1K
$322.9K – $430.6K
NOI $25,835 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Culture Ally Caribbean Cuisines L.L.C — 4832 Basswood Dr, Loveland, CO 80538
Frequently Asked Questions
What type of property is this?
Flex space - Small flex work/storage units sized up to 1,375 sf with space for an office, workshop, or distribution warehouse.
Where is this flex space located?
The property is located at 5705 N Garfield Ave Loveland, CO.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 3.99% interest‑only financing available for 36 months (only 2 seller financing loans remain—call for details).; Option to receive $15,000 toward unit upgrades; offer ends July 31, 2026.; Lease by July 31, 2026 to receive 2 months free rent with a 2‑year minimum term.
