Fort Collins Retail
For Sale
$3,000,000
345 East Mountain Avenue, Fort Collins, CO 80524
Standalone building in Old Town Fort Collins with parking.
Property Size10,500 SF
Price / SF$285.71
Days on Market191
Property Features for 345 East Mountain Avenue
General Information
Standard status
Active
Size
10,500 SF
Property subtype
Office
Site & Location
Neighborhood
Old Town Neighbors
Listing Agency:
NAI Affinity
Listed By:
Jake Hallauer, CCIM · License #FA100028819
(970) 372-3861
Source:
Cbre
Added: Apr 24
Changed: Oct 25
Last Checked: Oct 30 at 11:25AM
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 NAI Affinity
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a rare opportunity to acquire a standalone building in downtown Fort Collins on Mountain Avenue. The property features significant on-site and exclusive parking on a large lot. An overhead door in the rear of the building provides access to the exclusive parking area and alley. The location has a bike score of 98, indicating it is a biker's paradise, and a walk score of 79, signifying it is very walkable. The transit score is 42, indicating some transit options are available.
Key Highlights
- Rare NNN leased opportunity on Mountain Avenue in Old Town Fort Collins.
- Standalone building in downtown Fort Collins.
- Significant on‑site and exclusive parking on a very large lot.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$158,363
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,167,260
$3.2M
Cap Rate 7%
$2,262,329
$2.3M
Cap Rate 9%
$1,759,589
$1.8M
Market Conditions
NOI Build-Up for 10,500 SF
Gross rent
$238.1K $22.68/SF
− Vacancy
−$11.9K −$1.13/SF
EGI
$226.2K $21.55/SF
− OpEx
−$67.9K −$6.46/SF
NOI
$158.4K $15.08/SF
Area
Fort Collins, CO
Vacancy
5.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,167,260
Cap Rate 7%
$2,262,329
Cap Rate 9%
$1,759,589
Alternative Uses
Best Use
Retail
$2.26M
$1.98M – $2.64M
NOI $158,363 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.73M
$2.39M – $3.19M
NOI $191,394 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,233
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
NNN property - Standalone building in Old Town Fort Collins with parking.
Where is this nnn property located?
The property is located at 345 East Mountain Avenue Fort Collins, CO.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Rare NNN leased opportunity on Mountain Avenue in Old Town Fort Collins.; Standalone building in downtown Fort Collins.; Significant on‑site and exclusive parking on a very large lot.
