Retail Space with Outdoor
For Sale
Contact for pricing
140 Boardwalk Drive, Fort Collins, CO 80525
Shopping-center retail space includes dedicated storage, outdoor seating, and access to shared cross-access parking.
Property Size785 SF
Price / SF$330
Days on Market79
Property Features for 140 Boardwalk Drive
General Information
Standard status
Active
Size
785 SF
Class
B
Property subtype
Retail, Office
Additional Details
Anchor Co-Tenants
Murdoch's Ranch & Home Supply
Amenities
storage
outdoor seating
Building Details
Year Built
2004
Year Renovated
2006
Stories
1
Units
1
Listing Agency:
Doberstein Lemburg Commercial, Inc.
Listed By:
Leah Szantho · License #100104549
(970) 213-9295
Source:
Crexi
Added: Jul 31
Changed: Oct 5
Last Checked: Oct 16 at 8:22AM
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 Doberstein Lemburg Commercial, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space is part of a shopping center and includes a customer-facing retail area, dedicated storage, and outdoor seating. The property was built in 2004, providing an established commercial setting for retail operations.
Shared cross-access parking supports circulation within the center. The space is next to Murdoch’s Ranch & Home Supply, placing it alongside an identified retail anchor.
Shared cross-access parking supports circulation within the center. The space is next to Murdoch’s Ranch & Home Supply, placing it alongside an identified retail anchor.
Key Highlights
- Retail area includes dedicated storage and outdoor seating
- Located within a shopping center with cross‑access parking
- Next to Murdoch’s Ranch & Home Supply
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,840
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$236,800
$236.8K
Cap Rate 7%
$169,143
$169.1K
Cap Rate 9%
$131,556
$131.6K
Market Conditions
NOI Build-Up for 785 SF
Gross rent
$17.8K $22.68/SF
− Vacancy
−$890 −$1.13/SF
EGI
$16.9K $21.55/SF
− OpEx
−$5.1K −$6.46/SF
NOI
$11.8K $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 Rate 5%
$236,800
Cap Rate 7%
$169,143
Cap Rate 9%
$131,556
Alternative Uses
Best Use
Retail
$169.1K
$148.0K – $197.3K
NOI $11,840 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$204.4K
$178.9K – $238.5K
NOI $14,309 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,062
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 Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Shopping-center retail space includes dedicated storage, outdoor seating, and access to shared cross-access parking.
Where is this retail space located?
The property is located at 140 Boardwalk Drive Fort Collins, CO.
What is the asking price?
The asking price for this property is $259,050.
What are key features of this property?
This property features: Retail area includes dedicated storage and outdoor seating; Located within a shopping center with cross‑access parking; Next to Murdoch’s Ranch & Home Supply
