Remodeled Office Suite with
For Sale
Contact for pricing
2002 Caribou, Fort Collins, CO 80525
Remodeled office suite includes reception area, six private offices, conference room, private restroom, and kitchenette/breakroom.
Property Size2,242 SF
Price / SF$312.22
Days on Market798
Property Features for 2002 Caribou
General Information
Standard status
Active
Size
2,242 SF
Property subtype
OFFICE
Amenities
open reception/waiting area
six private offices
conference room
private restroom
kitchenette/breakroom
Building Details
Year Renovated
2016
Listing Agency:
The Group, Inc.
(970) 229-0700
Listed By:
Craig Hau
(970) 222-0077
Source:
Moodyscre
Added: Aug 14, 2024
Changed: Sep 8
Last Checked: Oct 19 at 7:12AM
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.
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Investment Insights
Based on property information with market context.
Suite 102-B in Timberline Office Park offers a remodeled office interior. The layout includes an open reception and waiting area, six private offices, a conference room, a private restroom, and a kitchenette/breakroom. The space is well-suited for an owner-user looking for defined office rooms alongside shared reception functionality, and it is also available for lease.
The property is located in South Central Fort Collins and presented as a high-quality owner-user opportunity within Timberline Office Park.
For sale as an office unit, this suite provides a practical combination of public-facing reception space, multiple private offices, and dedicated meeting and support areas.
The property is located in South Central Fort Collins and presented as a high-quality owner-user opportunity within Timberline Office Park.
For sale as an office unit, this suite provides a practical combination of public-facing reception space, multiple private offices, and dedicated meeting and support areas.
Key Highlights
- Remodeled office suite in Timberline Office Park (Suite 102‑B), South Central Fort Collins
- 2016 remodel includes an open reception/waiting area
- Suite includes six private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,461
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,220
$629.2K
Cap Rate 7%
$449,443
$449.4K
Cap Rate 9%
$349,567
$349.6K
Market Conditions
NOI Build-Up for 2,242 SF
Gross rent
$49.2K $21.96/SF
− Vacancy
−$7.3K −$3.25/SF
EGI
$41.9K $18.71/SF
− OpEx
−$10.5K −$4.68/SF
NOI
$31.5K $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%
$629,220
Cap Rate 7%
$449,443
Cap Rate 9%
$349,567
Alternative Uses
Best Use
Office B
$449.4K
$393.3K – $524.4K
NOI $31,461 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$583.8K
$510.8K – $681.1K
NOI $40,867 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Remodeled office suite includes reception area, six private offices, conference room, private restroom, and kitchenette/breakroom.
Where is this office unit located?
The property is located at 2002 Caribou Fort Collins, CO.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Remodeled office suite in Timberline Office Park (Suite 102‑B), South Central Fort Collins; 2016 remodel includes an open reception/waiting area; Suite includes six private offices
