Retail Space with Private
For Sale
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140 Boardwalk Drive, Fort Collins, CO 80525
Retail suite in a shopping center with three private offices and access to established neighboring retail.
Property Size1,050 SF
Price / SF$330
Days on Market72
Property Features for 140 Boardwalk Drive
General Information
Standard status
Active
Size
1,050 SF
Class
B
Property subtype
Retail, Office
Amenities
3 private offices
Building Details
Year Built
2004
Units
1
Listing Agency:
Doberstein Lemburg Commercial, Inc.
Listed By:
Michael Harpell · License #ER100086293
Source:
Crexi
Added: Aug 11
Changed: Oct 21
Last Checked: Oct 20 at 8:12PM
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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Investment Insights
Based on property information with market context.
This 1,050-square-foot retail space was built in 2004 and includes three private offices within the suite. The property is part of a shopping center and is described as well maintained, providing a combined retail and office configuration.
The space is next to Murdoch’s Ranch & Home Supply and is positioned within a high-traffic shopping center with strong visibility. Its existing private-office layout adds functional separation for administrative, consultation, or support areas while retaining a retail-oriented format.
The space is next to Murdoch’s Ranch & Home Supply and is positioned within a high-traffic shopping center with strong visibility. Its existing private-office layout adds functional separation for administrative, consultation, or support areas while retaining a retail-oriented format.
Key Highlights
- 1,050 SF retail space with three private offices
- Built in 2004
- Located within a high‑traffic shopping center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,836
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,720
$316.7K
Cap Rate 7%
$226,229
$226.2K
Cap Rate 9%
$175,956
$176.0K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$23.8K $22.68/SF
− Vacancy
−$1.2K −$1.13/SF
EGI
$22.6K $21.55/SF
− OpEx
−$6.8K −$6.46/SF
NOI
$15.8K $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%
$316,720
Cap Rate 7%
$226,229
Cap Rate 9%
$175,956
Alternative Uses
Best Use
Retail
$226.2K
$198.0K – $263.9K
NOI $15,836 @ 7.0% cap · market cap 4.57%
Second Best
Office B
$210.5K
$184.2K – $245.6K
NOI $14,734 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$273.4K
$239.2K – $319.0K
NOI $19,139 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.
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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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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Retail space - Retail suite in a shopping center with three private offices and access to established neighboring retail.
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 $346,500.
What are key features of this property?
This property features: 1,050 SF retail space with three private offices; Built in 2004; Located within a high‑traffic shopping center
