Stabilized Office
2802 Madison Square Dr Loveland, CO 80538
For Sale
Contact for pricing
Three-unit, fully occupied office building totaling 5,082 SF with leases in place.
Property Size5,082 SF
Price / SF$270.56
Days on Market122
Property Features for 2802 Madison Square Dr
General Information
Standard status
Active
Size
5,082 SF
Property subtype
OFFICE
Listing Agency:
Cushman & Wakefield | Fort Collins
(970) 267-7720
Listed By:
Travis Ackerman · License #100014006
(970) 267-7720
Source:
Moodyscre
Added: Mar 30
Changed: Jul 27
Last Checked: Jul 28 at 3:04PM
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
Investment Insights
Based on property information with market context.
This stabilized professional office building is fully occupied across three units by two established companies. The property comprises 5,082 square feet and is presented as a low-maintenance investment with existing lease commitments.
The asset is located at 2802 Madison Square Dr in Loveland, Colorado. The current leases include two and six years remaining, providing short-term security with ongoing occupancy.
The building’s configuration supports multiple tenants within a single office property, with all units currently leased.
The asset is located at 2802 Madison Square Dr in Loveland, Colorado. The current leases include two and six years remaining, providing short-term security with ongoing occupancy.
The building’s configuration supports multiple tenants within a single office property, with all units currently leased.
Key Highlights
- Three‑unit office building fully occupied with two established companies
- Total building size: 5,082 SF
- Leases in place across all units
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.1k | $20.28 |
| − Vacancy | −$7.0k | −$1.38 |
| EGI | $96.1k | $18.90 |
| − OpEx | −$24.0k | −$4.73 |
| NOI | $72.0k | $14.18 |
5,082 SF · lease $20.28/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.03M
$900.5K – $1.20M
NOI $72,041 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,486 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Three-unit, fully occupied office building totaling 5,082 SF with leases in place.
Where is this office building located?
The property is located at 2802 Madison Square Dr Loveland, CO.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Three‑unit office building fully occupied with two established companies; Total building size: 5,082 SF; Leases in place across all units
