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Medical Flex Facility
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802 West Drake Road, Fort Collins, CO 80526

Former grocery repurposed as a medical headquarters with offices, warehouse, training/assembly space, and retail areas.

Property Size61,550 SF
Days on Market49

Property Features for 802 West Drake Road

General Information

Standard status Active
Size 61,550 SF
Property subtype Retail, Industrial, Special Purpose
Zoning NC - Neighborhood Commercial

Building Details

Year Built 1998
Year Renovated 2014
Listing Agency: CBRE - Fort Collins
Listed By: Peter Kast · License #CO EA.000227001
Source: Crexi
Added: Jul 8 Changed: Aug 14 Last Checked: Aug 25 at 2:54PM

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 - Fort Collins

Investment Insights

Based on property information with market context.

This property at 802 West Drake Road is a former grocery store repurposed as a medical headquarters, with a highly flexible mix of office, warehouse, training, and retail space. It includes areas used for training and assembly, such as the Drake Centre.

The site is located at the intersection of West Drake Road and South Shields Street in Fort Collins, within a well-established neighborhood commercial corridor. The surrounding area includes neighborhood retail, restaurants, service providers, medical offices, and dense residential neighborhoods. The property is described as benefiting from strong daily traffic counts and convenient access to major north-south and east-west arterials.

Zoning is described as commercial use within the City of Fort Collins, allowing a broad range of uses, including retail, medical office, educational facilities, and flex/industrial support functions; the specific district and permitted uses are noted as needing verification. The existing improvements reflect successful adaptive reuse and support a variety of future tenant or ownership scenarios.

Key Highlights

  • Year built 1998; former grocery store repurposed as a medical headquarters with office, warehouse, training/assembly, and retail space
  • Training/assembly component (Drake Centre) supports large‑group gatherings, corporate training, community events, or educational programming
  • Flexible interior mix for future tenants or ownership groups, including office, warehouse, training/assembly, and retail areas

Property Analytics

Current Use

Kurt M. Kuskie, ... Physician Samuel Mast Physician Dr. Rebecca Jackson Pediatrician Terri Paschetag Physician Karyn Leible Geriatric Care Provider

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Building Supply Auto Parts Store HVAC Service Bakery

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

1,498
Businesses Nearby
Under-served
Demand for This Use

Demographics for 80526, CO

45,624
Population
19,463
Households
2.3
Avg Household Size
35
Median Age
57%
College-Educated
98%
High-School Grad
32.0 sq mi
ZIP Area
1,426
Density / Sq Mi
$89,098
Median Household Income
$42,496
Median Earnings
$1,641
Median Rent
$520,500
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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Similar Off Market Nearby

  • Clean Eatz 103 W Harvard St, Fort Collins, CO 80525

Frequently Asked Questions

What type of property is this?
Flex space - Former grocery repurposed as a medical headquarters with offices, warehouse, training/assembly space, and retail areas.
Where is this flex space located?
The property is located at 802 West Drake Road Fort Collins, CO.
What are key features of this property?
This property features: Year built 1998; former grocery store repurposed as a medical headquarters with office, warehouse, training/assembly, and retail space; Training/assembly component (Drake Centre) supports large‑group gatherings, corporate training, community events, or educational programming; Flexible interior mix for future tenants or ownership groups, including office, warehouse, training/assembly, and retail areas
(970) 372-3858 Call to check price and availability
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