Retail/Office Space Available For
For Sale
Contact for pricing
3600 Mitchell, Fort Collins, CO
2,965 SF retail/office space available November 1, 2025.
Property Size2,965 SF
Lot Size0.32 Acres
Price / SF$537.94
Days on Market260
Property Features for 3600 Mitchell
General Information
Standard status
Active
Size
2,965 SF
Lot size
0.32 Acres
Property subtype
RETAIL
Lease Type
NNN
Properties For Sale
at 3600 Mitchell Contact us- Floor
- 1
- Size
- 2,965 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
RETAIL/OFFICE SPACE FOR LEASE
2,965 SF RETAIL/OFFICE SPACE AVAILABLE FOR LEASE
• Available November 1, 2025
•...
show more
Contact us
Listing Agency:
Cushman & Wakefield | Fort Collins
(970) 267-7727
Listed By:
Aki Palmer · License #040037834
Source:
Moodyscre
Added: Nov 23, 2025
Changed: Aug 9
Last Checked: Aug 10 at 8:16AM
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.
A 2,965 square foot retail/office space will be available for lease starting November 1, 2025. The layout includes a reception area, a conference room, and a break room. It also features two bathrooms and three to four offices.
Key Highlights
- 2,965 SF of retail/office space
- Available for lease
- Available November 1, 2025
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,719
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$894,380
$894.4K
Cap Rate 7%
$638,843
$638.8K
Cap Rate 9%
$496,878
$496.9K
Market Conditions
NOI Build-Up for 2,965 SF
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.
Gross rent
$67.2K $22.68/SF
− Vacancy
−$3.4K −$1.13/SF
EGI
$63.9K $21.55/SF
− OpEx
−$19.2K −$6.46/SF
NOI
$44.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$894,380
Cap Rate 7%
$638,843
Cap Rate 9%
$496,878
Alternative Uses
Best Use
Retail
$638.8K
$559.0K – $745.3K
NOI $44,719 @ 7.0% cap · market cap 2.80%
Second Best
Office B
$594.4K
$520.1K – $693.4K
NOI $41,606 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$772.1K
$675.6K – $900.8K
NOI $54,046 @ 7.0% cap · market cap 3.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,087
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - 2,965 SF retail/office space available November 1, 2025.
Where is this retail space located?
The property is located at 3600 Mitchell Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 2,965 SF of retail/office space; Available for lease; Available November 1, 2025
