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Free-Standing Office Building For Sale

3540 John F Kennedy Pkwy, Fort Collins, CO 80525

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For Sale

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Professional office building with flexible configuration and ample parking.

Type:OFFICE

Property size:

18,072 SF

Lot size:

1.21 Acres

Price / SF:

$199/SF

HighLights

Terrific parking at a ratio of 4:1,000 SF
Flexible interior configuration easily splits into as many as 4 units
Elevator in the lobby
Located adjacent to major shopping centers
Multiple building signage opportunities
Restroom banks on both the main floor and 2nd floor

We can help!

Listing Contact

Jason Ells

For Sale

Contact for pricing

Professional office building with flexible configuration and ample parking.

Type:OFFICE

Property size:

18,072 SF

Lot size:

1.21 Acres

Price / SF:

$199/SF

Added:: Jan 9, 2024
Days on Market:: 890
Last Refresh:: Apr 5 at 8:08 pm

Property Features for 3540 John F Kennedy Pkwy

General Information

Standard status: Active
Size: 18,072 SF
Lot size: 1.21 Acres
Property subtype: OFFICE

Properties For Sale

at 3540 John F Kennedy Pkwy Contact us

We can help!

Listing Contact

Jason Ells

Listing agent Jason Ells License #FA.040024170

Listing office Cushman & Wakefield | Fort Collins

Listing date Jan 9, 2024

Source Moodyscre

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

HighLights

Terrific parking at a ratio of 4:1,000 SF
Flexible interior configuration easily splits into as many as 4 units
Elevator in the lobby
Located adjacent to major shopping centers
Multiple building signage opportunities
Restroom banks on both the main floor and 2nd floor

Overview

This is a professional, free-standing office building that has been owner occupied for the last 15 years. The building is in terrific condition and features a flexible interior configuration that can be easily divided into as many as 4 units, with 2 units upstairs and 2 units downstairs. An elevator is located in the lobby, and restroom banks are available on both the main floor and 2nd floor. The property provides ample parking at a ratio of 4:1,000 SF and offers multiple building signage opportunities. Measuring 18072 square feet, the property is located adjacent to the Foothills Mall, the Square Shopping Center and Fort Collins Marketplace, providing walkable access to retail, lunch options, and transportation amenities. The intended use of the property is for office purposes.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$396.9k	$21.96
− Vacancy	−$58.7k	−$3.25
EGI	$338.1k	$18.71
− OpEx	−$84.5k	−$4.68
NOI	$253.6k	$14.03

18,072 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%

Alternative Uses

Best Use

Office B

$3.62M

$3.17M – $4.23M (±1% cap)

NOI $253,594 @ 7.0% cap · market cap 7.02%

Second Best

—

no second resolved use

Theoretical Best

Office A

$4.71M

$4.12M – $5.49M (±1% cap)

NOI $329,416 @ 7.0% cap · market cap 9.11%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

ESC Engineering, Inc. Engineering Consultant ENTRUST Solutions Engineering Consultant National Pet Center ... (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Fort Collins
County: Larimer
State: Colorado
Longitude: -105.074
Latitude: 40.5394

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For sale
Office buildings
CO
Fort Collins
80525
3540 John F Kennedy Pkwy

What type of property is this?

Office building - Professional office building with flexible configuration and ample parking.

Where is this office building located?

The property is located at 3540 John F Kennedy Pkwy Fort Collins, CO.

What is the asking price?

The asking price for this property is $3,614,000.

What are key features of this property?

This property features: Terrific parking at a ratio of 4:1,000 SF; Flexible interior configuration easily splits into as many as 4 units; Elevator in the lobby

3540 John F Kennedy Pkwy, Fort Collins, CO 80525

Professional office building with flexible configuration and ample parking.

Property Features for 3540 John F Kennedy Pkwy

General Information

Properties For Sale

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Retail Store with Yard Storage

Professional Office Building in Fort Collins

Triplex-Style Residential Income Property

Prime Fort Collins Medical Office

Fort Collins Fourplex Investment Opportunity

Over-Under Duplex Property

Downtown Fort Collins Office Building

Fully Leased Duplex Investment

Fort Collins Fourplex Near Hospital

Retail-Warehouse with Overhead Doors

Professional Office Condo For Sale

Adaptable Retail/Flex Building For Sale

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