Office Building on Business
For Sale
Contact for pricing
2121 Midpoint Drive, Fort Collins, CO 80525
Office building on a major business corridor with access to I-25 and nearby Fort Collins employment centers.
Property Size1,356 SF
Price / SF$205
Days on Market180
Property Features for 2121 Midpoint Drive
General Information
Standard status
Active
Size
1,356 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2006
Units
45
Listing Agency:
Cushman & Wakefield - Fort Collins, Colorado
Listed By:
Nate Heckel · License #CO FA.040037901
(970) 412-0225
Source:
Crexi
Added: Apr 30
Changed: Oct 25
Last Checked: Oct 24 at 3:58PM
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, Colorado
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Investment Insights
Based on property information with market context.
2121 Midpoint Drive is an office building located on the Timberline Road business corridor at the intersection with East Prospect Road. The property is positioned for straightforward connectivity to I-25 and convenient access throughout Fort Collins.
The building is also situated near major employers in the Spring Creek Business Park and is described as minutes from Old Town Fort Collins, the University of Colorado Health campus, and Colorado State University. This surrounding employment and education presence supports a practical office setting for professional users seeking local access to established activity nodes.
The building is also situated near major employers in the Spring Creek Business Park and is described as minutes from Old Town Fort Collins, the University of Colorado Health campus, and Colorado State University. This surrounding employment and education presence supports a practical office setting for professional users seeking local access to established activity nodes.
Key Highlights
- Office building built in 2006
- Located on the Timberline Road business corridor at the intersection with East Prospect Road
- Offers accessibility to I‑25 and all areas of Fort Collins
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,028
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,560
$380.6K
Cap Rate 7%
$271,829
$271.8K
Cap Rate 9%
$211,422
$211.4K
Market Conditions
NOI Build-Up for 1,356 SF
Gross rent
$29.8K $21.96/SF
− Vacancy
−$4.4K −$3.25/SF
EGI
$25.4K $18.71/SF
− OpEx
−$6.3K −$4.68/SF
NOI
$19.0K $14.03/SF
Area
Fort Collins, CO
Vacancy
14.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,560
Cap Rate 7%
$271,829
Cap Rate 9%
$211,422
Alternative Uses
Best Use
Office B
$271.8K
$237.9K – $317.1K
NOI $19,028 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$353.1K
$309.0K – $412.0K
NOI $24,717 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
772
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
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
Frequently Asked Questions
What type of property is this?
Office building - Office building on a major business corridor with access to I-25 and nearby Fort Collins employment centers.
Where is this office building located?
The property is located at 2121 Midpoint Drive Fort Collins, CO.
What is the asking price?
The asking price for this property is $277,980.
What are key features of this property?
This property features: Office building built in 2006; Located on the Timberline Road business corridor at the intersection with East Prospect Road; Offers accessibility to I‑25 and all areas of Fort Collins
