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Office Building with Rear Overhead Door
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345 E Mountain Ave, Fort Collins, CO 80524

Standalone office building with rear overhead door for access to exclusive parking and alley.

Property Size10,500 SF
Price / SF$304.76
Days on Market46

Property Features for 345 E Mountain Ave

General Information

Standard status Active
Size 10,500 SF
Property subtype OFFICE

Additional Details

Road Access Yes

Building Details

Buildings 1
Listing Agency: CBRE - Fort Collins
Listed By: Jake Hallauer · License #FA100028819
Source: Moodyscre
Added: Jun 18 Changed: Jul 30 Last Checked: Aug 1 at 2:10PM

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 - Fort Collins

Investment Insights

Based on property information with market context.

Standalone office building located at 345 E Mountain Ave in downtown Fort Collins. The property offers significant on-site and exclusive parking on a very large lot.

A key access feature is an overhead door at the rear of the building, which leads to the exclusive parking area. The rear door also provides alley access, supporting convenient service and back-of-house movement.

With 10,500 SF of building space, this property is suited for office users that value dedicated parking and straightforward rear access for deliveries, equipment handling, or operations requiring off-street loading capability.

Key Highlights

  • 10,500 SF standalone office building
  • Rear overhead door leading to exclusive parking area
  • Exclusive parking on a very large lot

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 $230.6k $21.96
− Vacancy −$34.1k −$3.25
EGI $196.5k $18.71
− OpEx −$49.1k −$4.68
NOI $147.3k $14.03
10,500 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.10M
$1.84M – $2.46M (±1% cap)
NOI $147,341 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.73M
$2.39M – $3.19M (±1% cap)
NOI $191,394 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Fusebox Studio Photography Service Thermo Fisher Scientific Production Facility Lava Converters Car Wash

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Locksmith Nursing Home Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,233
Businesses Nearby

Demographics for 80524, CO

39,030
Population
17,548
Households
2.2
Avg Household Size
37
Median Age
52%
College-Educated
94%
High-School Grad
122.7 sq mi
ZIP Area
318
Density / Sq Mi
$84,440
Median Household Income
$45,046
Median Earnings
$1,623
Median Rent
$527,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Standalone office building with rear overhead door for access to exclusive parking and alley.
Where is this office building located?
The property is located at 345 E Mountain Ave Fort Collins, CO.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 10,500 SF standalone office building; Rear overhead door leading to exclusive parking area; Exclusive parking on a very large lot
(970) 305-8113 Call to check price and availability
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