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Freestanding Office Building with Elevator
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3540 John F Kennedy Pkwy, Fort Collins, CO 80525

Free-standing office building with flexible layout that can split into up to four units, plus elevator and restrooms on multiple floors.

Property Size18,072 SF
Price / SF$199.98
Days on Market936

Property Features for 3540 John F Kennedy Pkwy

General Information

Standard status Active
Size 18,072 SF
Property subtype OFFICE

Amenities

elevator
multiple building signage opportunities
walkable retail
lunch options
transportation amenities

Building Details

Stories 2
Listing Agency: Cushman & Wakefield | Fort Collins
Listed By: Jason Ells · License #FA.040024170
Source: Moodyscre
Added: Jan 9, 2024 Changed: Jul 27 Last Checked: Aug 1 at 6:38AM

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 professional, free-standing office building has been owner occupied for the last 15 years and is described as being in terrific condition. The interior offers a flexible configuration and can be divided into as many as four units, with two units upstairs and two units downstairs. An elevator is located in the lobby, and restroom banks are available on both the main floor and the second floor.

The property provides parking at a ratio of 4 spaces per 1,000 square feet and includes multiple opportunities for building signage. It is located adjacent to Foothills Mall, the Square Shopping Center, and Fort Collins Marketplace, with walkable retail, lunch, and transportation amenities nearby.

For a buyer or tenant seeking a versatile office setup, the building’s multi-unit potential and functional access points—including elevator service and restrooms on two levels—support a range of office configurations.

Key Highlights

  • Free‑standing office building with flexible interior that can split into as many as 4 units (2 up, 2 down)
  • Elevator in the lobby plus restroom banks on both the main floor and 2nd floor
  • Parking ratio of 4 per 1,000 SF for convenient on‑site parking

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 $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 authorities.

Property Analytics

Current Use

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

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Restaurant Pharmacy Hotel & Motel HVAC Service

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

Location Intelligence

Trade Area within ½ mile

2,074
Businesses Nearby

Demographics for 80525, CO

55,901
Population
25,144
Households
2.2
Avg Household Size
37
Median Age
59%
College-Educated
98%
High-School Grad
23.4 sq mi
ZIP Area
2,389
Density / Sq Mi
$93,349
Median Household Income
$48,876
Median Earnings
$1,744
Median Rent
$563,100
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
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Frequently Asked Questions

What type of property is this?
Office units - Free-standing office building with flexible layout that can split into up to four units, plus elevator and restrooms on multiple floors.
Where is this office units 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: Free‑standing office building with flexible interior that can split into as many as 4 units (2 up, 2 down); Elevator in the lobby plus restroom banks on both the main floor and 2nd floor; Parking ratio of 4 per 1,000 SF for convenient on‑site parking
(970) 231-7513 Call to check price and availability
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