Retail Building with
For Sale
Contact for pricing
320-344 W 37th St, Loveland, CO 80538
Retail building was built out for an escape room concept and includes signage and ample on-site parking.
Property Size4,293 SF
Price / SF$227.11
Days on Market687
Property Features for 320-344 W 37th St
General Information
Standard status
Active
Size
4,293 SF
Property subtype
RETAIL
Listing Agency:
Cushman & Wakefield | Fort Collins
(970) 267-7723
Listed By:
Jared Goodman · License #40017764
(970) 267-7723
Source:
Moodyscre
Added: Sep 12, 2024
Changed: Jul 29
Last Checked: Jul 30 at 8:04AM
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 Cushman & Wakefield | Fort Collins
Investment Insights
Based on property information with market context.
This retail building was being built out for an escape room concept, with some work still remaining to bring it to completion. The space also includes monument signage and building signage, along with plenty of parking.
The property is located on the north side of Loveland and is described as being close to Fort Collins, drawing customers and clients from nearby population hubs. A public transportation hub is directly west of the building.
While the existing build-out is specific to the escape room concept, the property may be re-imagined and finished with a new operator. The remarks also identify several potential use directions for consideration, including social services, financial services, legal, and spa or wellness.
The property is located on the north side of Loveland and is described as being close to Fort Collins, drawing customers and clients from nearby population hubs. A public transportation hub is directly west of the building.
While the existing build-out is specific to the escape room concept, the property may be re-imagined and finished with a new operator. The remarks also identify several potential use directions for consideration, including social services, financial services, legal, and spa or wellness.
Key Highlights
- Retail building built out for an escape room concept with remaining work needed for completion
- Monument signage and building signage included
- Ample on‑site parking
Financial Insights For Retail
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 | $57.7k | $13.44 |
| − Vacancy | −$4.0k | −$0.94 |
| EGI | $53.7k | $12.50 |
| − OpEx | −$16.1k | −$3.75 |
| NOI | $37.6k | $8.75 |
4,293 SF · lease $13.44/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$536.6K
$469.5K – $626.0K
NOI $37,561 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,662 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
979
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail building was built out for an escape room concept and includes signage and ample on-site parking.
Where is this retail space located?
The property is located at 320-344 W 37th St Loveland, CO.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Retail building built out for an escape room concept with remaining work needed for completion; Monument signage and building signage included; Ample on‑site parking
