Two-Suite Flex/Shop
3055 Lake Canal Court Fort Collins, CO 80524
New
For Sale
Contact for pricing
Industrial flex building consists of two separate suites with individual entrances and a firewall separation.
Property Size6,984 SF
Price / SF$171.82
Days on Market4
Property Features for 3055 Lake Canal Court
General Information
- Standard status
- Active
- Size
- 6,984 SF
- Property subtype
- Office, Industrial, Mixed Use
Building Details
- Year Built
- 2005
Listing Agency:
C3 Real Estate Solutions
Listed By:
Perry Hillegas · License #CO
Source:
Crexi
Added: Jul 22
Changed: Jul 25
Last Checked: Jul 25 at 4:59AM
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 C3 Real Estate Solutions
Investment Insights
Based on property information with market context.
This 6,984 SF flex or shop building is divided into two suites separated by a firewall. Each suite has its own separate entrance, creating a layout that can support separate occupancy or combined use.
The property is offered for sale at 3055 Lake Canal Court in Fort Collins, CO. Its two-suite configuration is designed to reduce the common challenge of buying only what you need versus planning to lease excess space.
With two independently accessed units, the building provides flexible space planning for an owner-operator and a second suite that can be used or leased as available.
The property is offered for sale at 3055 Lake Canal Court in Fort Collins, CO. Its two-suite configuration is designed to reduce the common challenge of buying only what you need versus planning to lease excess space.
With two independently accessed units, the building provides flexible space planning for an owner-operator and a second suite that can be used or leased as available.
Key Highlights
- 6,984 SF industrial flex building built in 2005
- Split into two suites separated by a firewall
- Unit A and Unit B each have separate entrances
Financial Insights For Warehouse
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 | $104.8k | $15.00 |
| − Vacancy | −$4.4k | −$0.63 |
| EGI | $100.4k | $14.37 |
| − OpEx | −$15.1k | −$2.16 |
| NOI | $85.3k | $12.21 |
6,984 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.22M
$1.07M – $1.42M
NOI $85,306 @ 7.0% cap · market cap 7.11%
Second Best
Industrial
$1.00M
$878.2K – $1.17M
NOI $70,252 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,304 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Custom Tabs & Specialties ...
Event Planning
FAQs
What type of property is this?
Flex space - Industrial flex building consists of two separate suites with individual entrances and a firewall separation.
Where is this flex space located?
The property is located at 3055 Lake Canal Court Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 6,984 SF industrial flex building built in 2005; Split into two suites separated by a firewall; Unit A and Unit B each have separate entrances
