Office Building Portfolio with NNN
For Sale
Contact for pricing
209 S Meldrum St, Fort Collins, CO 80521
Two downtown office and R&D facilities operate under a new triple-net lease with 3% annual escalations through May 2036.
Property Size62,873 SF
Days on Market134
Property Features for 209 S Meldrum St
General Information
Standard status
Active
Size
62,873 SF
Class
A
Property subtype
Office
Occupancy
100%
Lease Type
NNN
Investment Type
Core+
Additional Details
Road Access
Yes
Building Details
Year Built
1972
Year Renovated
2010
Buildings
2
Stories
3
Tenancy
Single
Listing Agency:
CBRE - Denver Tech Center
(303) 583-2021
Listed By:
Campbell Davis · License #CO
Source:
Crexi
Added: Apr 20
Changed: Aug 30
Last Checked: Aug 30 at 1:45AM
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 CBRE - Denver Tech Center
Investment Insights
Based on property information with market context.
The portfolio includes office and research-and-development facilities at 209 S. Meldrum Street and 318 Canyon Avenue, with a combined 62,873 square feet. Built in 1972, the properties accommodate executive, product innovation, design, and administrative functions for Otter Products, LLC, which maintains its headquarters at 209 S. Meldrum Street and employs over 600 people.
A new 10-year triple-net lease runs through May 2036 and includes 3% annual rent escalations. The tenant is responsible for maintenance, taxes, and insurance, limiting the ownership obligations described for the property. The buildings are in Downtown Fort Collins near restaurants, retailers, breweries, and civic amenities, with immediate access to College Avenue.
A new 10-year triple-net lease runs through May 2036 and includes 3% annual rent escalations. The tenant is responsible for maintenance, taxes, and insurance, limiting the ownership obligations described for the property. The buildings are in Downtown Fort Collins near restaurants, retailers, breweries, and civic amenities, with immediate access to College Avenue.
Key Highlights
- 62,873‑square‑foot portfolio comprising two office and R&D facilities
- New 10‑year triple‑net lease through May 2036
- 3% annual rent escalations
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,720
Businesses Nearby
Explore this area
Business Placement
Demographics for 80521, CO
37,451
Population
15,121
Households
2.5
Avg Household Size
26
Median Age
63%
College-Educated
98%
High-School Grad
14.0 sq mi
ZIP Area
2,675
Density / Sq Mi
$52,679
Median Household Income
$15,918
Median Earnings
$1,412
Median Rent
$541,300
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Two downtown office and R&D facilities operate under a new triple-net lease with 3% annual escalations through May 2036.
Where is this office building located?
The property is located at 209 S Meldrum St Fort Collins, CO.
What are key features of this property?
This property features: 62,873‑square‑foot portfolio comprising two office and R&D facilities; New 10‑year triple‑net lease through May 2036; 3% annual rent escalations
