Single-Tenant Flex Industrial
For Sale
Contact for pricing
5739 Bueno, Fort Collins, CO 80525
Remodeled 2018 steel flex building with showroom, work, storage, and unfinished mezzanine space.
Property Size4,100 SF
Price / SF$242.68
Days on Market724
Property Features for 5739 Bueno
General Information
Standard status
Active
Size
4,100 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
18 ft
Heavy Power
Yes
Additional Details
Highway Access
Yes
Amenities
security system
Building Details
Year Renovated
2018
Tenancy
Single
Listing Agency:
LC Real Estate Group
(970) 667-7000
Listed By:
Kyle Pearcy
(970) 402-5412
Source:
Moodyscre
Added: Sep 19, 2024
Changed: Sep 4
Last Checked: Sep 12 at 10:46AM
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 LC Real Estate Group
Investment Insights
Based on property information with market context.
This single-tenant steel flex/industrial building offers a built-out layout that includes retail/showroom area, work space, storage, and warehouse space. A complete remodel from the ground up was completed in 2018, and the property includes a security system. An unfinished mezzanine area provides additional space that could support storage or be finished for office and meeting uses. With high ceiling clearance estimated at approximately 12 to 18 feet, the building is designed for flexible operational requirements. Substantial 500 KVA transformer capacity and an HVAC system are also in place, with 12,208 volts noted in the remarks. The property includes on-site parking plus street parking.
The building is in a convenient south Fort Collins location with access to US Highway 287, providing straightforward routes to Fort Collins and Loveland.
The configuration also presents the potential for a 12' x 9' overhead door, depending on how the space is adapted for its next use.
The building is in a convenient south Fort Collins location with access to US Highway 287, providing straightforward routes to Fort Collins and Loveland.
The configuration also presents the potential for a 12' x 9' overhead door, depending on how the space is adapted for its next use.
Key Highlights
- Single‑tenant steel flex/industrial building remodeled from the ground up in 2018
- Built‑out with retail/showroom area, work space, storage, and warehouse area
- Unfinished mezzanine space for storage or future office/conference/meeting build‑out
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$61,837
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,236,740
$1.2M
Cap Rate 7%
$883,386
$883.4K
Cap Rate 9%
$687,078
$687.1K
Market Conditions
NOI Build-Up for 4,100 SF
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.
Gross rent
$93.0K $22.68/SF
− Vacancy
−$4.6K −$1.13/SF
EGI
$88.3K $21.55/SF
− OpEx
−$26.5K −$6.46/SF
NOI
$61.8K $15.08/SF
Area
Fort Collins, CO
Vacancy
5.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,236,740
Cap Rate 7%
$883,386
Cap Rate 9%
$687,078
Alternative Uses
Best Use
Retail
$883.4K
$773.0K – $1.03M
NOI $61,837 @ 7.0% cap · market cap 6.21%
Second Best
Warehouse
$715.4K
$626.0K – $834.7K
NOI $50,079 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$1.07M
$934.2K – $1.25M
NOI $74,735 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
18 ft
Clear height
Single-tenant
Tenancy
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Under-served
Demand for This Use
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 Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Remodeled 2018 steel flex building with showroom, work, storage, and unfinished mezzanine space.
Where is this flex space located?
The property is located at 5739 Bueno Fort Collins, CO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Single‑tenant steel flex/industrial building remodeled from the ground up in 2018; Built‑out with retail/showroom area, work space, storage, and warehouse area; Unfinished mezzanine space for storage or future office/conference/meeting build‑out
