New Industrial Flex Building with Fenced
For Sale
Contact for pricing
1926 Se Frontage, Fort Collins, CO 80525
New 24,000 SF industrial flex building with overhead doors and a fenced yard, designed for flexible tenant sizes.
Property Size24,000 SF
Price / SF$350
Days on Market900
Property Features for 1926 Se Frontage
General Information
Standard status
Active
Size
24,000 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Asking Price
$8,400,000
Building Details
Buildings
1
Building Size
24,000 SF
Listing Agency:
Cushman & Wakefield | Fort Collins
(970) 776-3900
Listed By:
Travis Ackerman · License #100014006
(970) 267-7720
Source:
Moodyscre
Added: Apr 2, 2024
Changed: Sep 17
Last Checked: Sep 16 at 1:25PM
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.
Newly constructed 24,000 square foot industrial flex building is complete and available for lease. The space offers flexible suite sizes ranging from 3,000 to 24,000 square feet, with the ability to accommodate a single large user or up to eight tenants. The building includes 12’ x 12’ and 14’ x 14’ overhead doors, with the option to incorporate additional 14’ x 14’ doors throughout the space to meet tenant requirements.
The site is located at the southeast corner of I-25 and Prospect Road in Fort Collins, providing convenient access to Prospect Road, one of Fort Collins’ primary thoroughfares. The property also benefits from strong visibility from the main interstate in Northern Colorado.
Outdoor space includes approximately 0.6 acres of fenced yard, with the potential for approximately 3.5 acres of additional yard, depending on tenant needs.
The site is located at the southeast corner of I-25 and Prospect Road in Fort Collins, providing convenient access to Prospect Road, one of Fort Collins’ primary thoroughfares. The property also benefits from strong visibility from the main interstate in Northern Colorado.
Outdoor space includes approximately 0.6 acres of fenced yard, with the potential for approximately 3.5 acres of additional yard, depending on tenant needs.
Key Highlights
- New 24,000 SF industrial flex building complete and available
- Flexible suite sizes from 3,000 to 24,000 SF; single user or up to eight tenants
- Southeast corner of I‑25 and Prospect Road in Fort Collins with main interstate visibility
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
$293,148
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
3.49%
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%
$5,862,960
$5.9M
Cap Rate 7%
$4,187,829
$4.2M
Cap Rate 9%
$3,257,200
$3.3M
Market Conditions
NOI Build-Up for 24,000 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
$360.0K $15.00/SF
− Vacancy
−$15.1K −$0.63/SF
EGI
$344.9K $14.37/SF
− OpEx
−$51.7K −$2.16/SF
NOI
$293.1K $12.21/SF
Area
Fort Collins, CO
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
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%
$5,862,960
Cap Rate 7%
$4,187,829
Cap Rate 9%
$3,257,200
Alternative Uses
Best Use
Warehouse
$4.19M
$3.66M – $4.89M
NOI $293,148 @ 7.0% cap · market cap 3.49%
Second Best
Industrial
$3.45M
$3.02M – $4.02M
NOI $241,416 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$6.25M
$5.47M – $7.29M
NOI $437,472 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Well-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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - New 24,000 SF industrial flex building with overhead doors and a fenced yard, designed for flexible tenant sizes.
Where is this flex space located?
The property is located at 1926 Se Frontage Fort Collins, CO.
What is the asking price?
The asking price for this property is $8,400,000.
What are key features of this property?
This property features: New 24,000 SF industrial flex building complete and available; Flexible suite sizes from 3,000 to 24,000 SF; single user or up to eight tenants; Southeast corner of I‑25 and Prospect Road in Fort Collins with main interstate visibility
