Flex Work & Storage
For Sale
Contact for pricing
5705 N Garfield Ave, Loveland, CO 80538
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 Market558
Property Features for 5705 N Garfield Ave
General Information
Standard status
Active
Size
1,375 SF
Property subtype
INDUSTRIAL
Additional Details
Lease Term
24 months
Listing Agency:
CBRE - Fort Collins
(970) 372-3007
Listed By:
Jake Hallauer · License #FA100028819
(970) 305-8113
Source:
Moodyscre
Added: Apr 18, 2025
Changed: Oct 25
Last Checked: Oct 26 at 4:53PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$14,806
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,120
$296.1K
Cap Rate 7%
$211,514
$211.5K
Cap Rate 9%
$164,511
$164.5K
Market Conditions
NOI Build-Up for 1,375 SF
Gross rent
$19.1K $13.86/SF
− Vacancy
−$1.6K −$1.19/SF
EGI
$17.4K $12.67/SF
− OpEx
−$2.6K −$1.90/SF
NOI
$14.8K $10.77/SF
Area
Larimer County, CO
Vacancy
8.60%
Lease Rate
$13.86 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,120
Cap Rate 7%
$211,514
Cap Rate 9%
$164,511
Alternative Uses
Best Use
Warehouse
$211.5K
$185.1K – $246.8K
NOI $14,806 @ 7.0% cap · market cap 4.50%
Second Best
Industrial
$174.2K
$152.4K – $203.2K
NOI $12,193 @ 7.0% cap · market cap 3.71%
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.
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Current Use
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 80538, CO
49,084
Population
21,923
Households
2.2
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
480
Density / Sq Mi
$85,057
Median Household Income
$49,074
Median Earnings
$1,730
Median Rent
$472,200
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
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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.
