Three-Story Office
3702 Automation Way Fort Collins, CO 80525
3702 Automation Way, Fort Collins, CO, 80525
$4,950,000
For Sale
$4,950,000
Three-story office building in a Fort Collins business park with suite sizes down to 3,000 SF.
Property Size30,838 SF
Price / SF$160.52
Days on Market28
Property Features for 3702 Automation Way
General Information
- Standard status
- Active
- Size
- 30,838 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2002
Listing agency
CBRE Inc
(970) 372-3853
Listed by
Annah Moore · License #CO40022278
(970) 372-3853
Source
Elliman
Added: Jun 24 Updated: Jul 21 at 3:50AM Checked: Jul 21 at 3:50AM
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 CBRE Inc
Investment Insights
Based on property information with market context.
CBRE presents a three-story office building located in Southeast Fort Collins. The property totals 30,838 SF and has historically maintained full occupancy. Current availability provides flexibility to acquire or lease up to 22,706 SF, with suite configurations down to 3,000 SF.
The building is situated within the Horsetooth East Business Park, with access to I-25 and proximity to the Harmony Corridor. BikeScore is 70 (Very Bikeable), while WalkScore is 28 (Car-Dependent) and TransitScore is 22 (Minimal Transit).
The building is situated within the Horsetooth East Business Park, with access to I-25 and proximity to the Harmony Corridor. BikeScore is 70 (Very Bikeable), while WalkScore is 28 (Car-Dependent) and TransitScore is 22 (Minimal Transit).
Key Highlights
- Three‑story office building built in 2002 in Southeast Fort Collins
- 30,838 SF office property in the Horsetooth East Business Park
- Historically maintained full occupancy; offers lease‑up upside with flexibility to acquire or lease up to 22,706 SF
Local 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 | $677.2k | $21.96 |
| − Vacancy | −$100.2k | −$3.25 |
| EGI | $577.0k | $18.71 |
| − OpEx | −$144.2k | −$4.68 |
| NOI | $432.7k | $14.03 |
30,838 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$6.18M
$5.41M – $7.21M
NOI $432,732 @ 7.0% cap · market cap 8.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.03M
$7.03M – $9.37M
NOI $562,115 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Monica Serrano Toy
Pediatrician
Dr. Stephen Rellas
Pediatrician
Northern Colorado Anesthesia ...
Medical Clinic
Dyan Thompson
Physician
Ms. Julie Thornton
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Three-story office building in a Fort Collins business park with suite sizes down to 3,000 SF.
Where is this office building located?
The property is located at 3702 Automation Way Fort Collins, CO.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Three‑story office building built in 2002 in Southeast Fort Collins; 30,838 SF office property in the Horsetooth East Business Park; Historically maintained full occupancy; offers lease‑up upside with flexibility to acquire or lease up to 22,706 SF
