Third-Floor Executive Office
For Sale
Contact for pricing
3600 Mitchell Drive, Fort Collins, CO 80525
Third-floor office condominium with private offices, conference room, open work areas, reception, and on-site storage.
Property Size5,358 SF
Price / SF$297.69
Days on Market259
Property Features for 3600 Mitchell Drive
General Information
Standard status
Active
Size
5,358 SF
Property subtype
Retail
Building Details
Stories
3
Listing Agency:
Cushman & Wakefield - Fort Collins, Colorado
Listed By:
Cole VanMeveren · License #FA. 100088218
(970) 219-3802
Source:
Crexi
Added: Feb 3
Changed: Oct 18
Last Checked: Oct 19 at 7:33AM
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, Colorado
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Investment Insights
Based on property information with market context.
An executive third-floor office condominium offered for sale in the Opera Galleria. The suite is designed for a professional services setup and includes executive-sized private offices, a spacious conference room, open work areas, a welcoming reception, and on-site storage.
Located at 3600 Mitchell Dr, Fort Collins, CO 80525, the efficient layout can also support an office-share arrangement or other flexible professional uses. The space is well configured for organizations that need both dedicated offices and shared collaboration areas within a single suite.
Located at 3600 Mitchell Dr, Fort Collins, CO 80525, the efficient layout can also support an office-share arrangement or other flexible professional uses. The space is well configured for organizations that need both dedicated offices and shared collaboration areas within a single suite.
Key Highlights
- Third‑floor office condominium in the Opera Galleria
- Includes executive‑sized private offices
- Spacious conference room for client meetings and team collaboration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,186
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,503,720
$1.5M
Cap Rate 7%
$1,074,086
$1.1M
Cap Rate 9%
$835,400
$835.4K
Market Conditions
NOI Build-Up for 5,358 SF
Gross rent
$117.7K $21.96/SF
− Vacancy
−$17.4K −$3.25/SF
EGI
$100.2K $18.71/SF
− OpEx
−$25.1K −$4.68/SF
NOI
$75.2K $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%
$1,503,720
Cap Rate 7%
$1,074,086
Cap Rate 9%
$835,400
Alternative Uses
Best Use
Office B
$1.07M
$939.8K – $1.25M
NOI $75,186 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,666 @ 7.0% cap · market cap 6.12%
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
2,022
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Third-floor office condominium with private offices, conference room, open work areas, reception, and on-site storage.
Where is this office unit located?
The property is located at 3600 Mitchell Drive 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: Third‑floor office condominium in the Opera Galleria; Includes executive‑sized private offices; Spacious conference room for client meetings and team collaboration
