Office Building with Ample
For Sale
Contact for pricing
1605 Foxtrail Dr, Loveland, CO 80538
Office building in Foxtrail Business Park with an open, bright floor plan, surrounding windows, and ample parking.
Property Size12,382 SF
Price / SF$283.97
Days on Market404
Property Features for 1605 Foxtrail Dr
General Information
Standard status
Active
Size
12,382 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Listing Agency:
Cushman & Wakefield
(310) 556-1805
Listed By:
Travis Ackerman · License #100014006
(970) 776-3900
Source:
Moodyscre
Added: Aug 5, 2025
Changed: Sep 10
Last Checked: Sep 12 at 4:28AM
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
Investment Insights
Based on property information with market context.
1605 Foxtrail Drive offers flexible leasing or purchase options within a Foxtrail Business Park office setting. The floor plan features an open and bright layout with surrounding windows, designed to take advantage of natural light. The property also includes ample parking and signage opportunities for tenants and owner/users.
The building is located right off I-25 and Highway 34, providing convenient access for visitors and day-to-day operations. Public remarks also note that there are over a dozen restaurants and business support services within walking distance.
Please contact the listing brokers for additional information on the available configurations and details for leasing or sale.
The building is located right off I-25 and Highway 34, providing convenient access for visitors and day-to-day operations. Public remarks also note that there are over a dozen restaurants and business support services within walking distance.
Please contact the listing brokers for additional information on the available configurations and details for leasing or sale.
Key Highlights
- Office building in the Foxtrail Business Park
- Open, bright floor plan with surrounding windows
- Convenient access right off I‑25 and Highway 34
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
$175,524
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
4.99%
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%
$3,510,480
$3.5M
Cap Rate 7%
$2,507,486
$2.5M
Cap Rate 9%
$1,950,267
$2.0M
Market Conditions
NOI Build-Up for 12,382 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
$251.1K $20.28/SF
− Vacancy
−$17.1K −$1.38/SF
EGI
$234.0K $18.90/SF
− OpEx
−$58.5K −$4.73/SF
NOI
$175.5K $14.18/SF
Area
Larimer County, CO
Vacancy
6.80%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
25.00%
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%
$3,510,480
Cap Rate 7%
$2,507,486
Cap Rate 9%
$1,950,267
Alternative Uses
Best Use
Office B
$2.51M
$2.19M – $2.93M
NOI $175,524 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.32M
$2.91M – $3.88M
NOI $232,647 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,130
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Office building in Foxtrail Business Park with an open, bright floor plan, surrounding windows, and ample parking.
Where is this office building located?
The property is located at 1605 Foxtrail Dr Loveland, CO.
What is the asking price?
The asking price for this property is $3,516,150.
What are key features of this property?
This property features: Office building in the Foxtrail Business Park; Open, bright floor plan with surrounding windows; Convenient access right off I‑25 and Highway 34
