Freestanding Office Building with
For Sale
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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 Market1029
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
(970) 776-3900
Listed By:
Jason Ells · License #FA.040024170
(970) 231-7513
Source:
Moodyscre
Added: Jan 9, 2024
Changed: Oct 25
Last Checked: Nov 1 at 9:15AM
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
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$253,594
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,071,880
$5.1M
Cap Rate 7%
$3,622,771
$3.6M
Cap Rate 9%
$2,817,711
$2.8M
Market Conditions
NOI Build-Up for 18,072 SF
Gross rent
$396.9K $21.96/SF
− Vacancy
−$58.7K −$3.25/SF
EGI
$338.1K $18.71/SF
− OpEx
−$84.5K −$4.68/SF
NOI
$253.6K $14.03/SF
Area
Fort Collins, CO
Vacancy
14.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,071,880
Cap Rate 7%
$3,622,771
Cap Rate 9%
$2,817,711
Alternative Uses
Best Use
Office B
$3.62M
$3.17M – $4.23M
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
NOI $329,416 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,074
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - 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 unit 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
