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

Former grocery building repurposed with flexible office, warehouse, training, and retail areas for medical headquarters use.

Space 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 Commercial use within the City of Fort Collins

Building Details

Building Size 61,550 SF
Year Built 1998
Tenancy Single

Spaces For Lease

at 802 West Drake Road Contact us

Whole Building

Size
61,550 SF
Type
Industrial, Retail
Availability
Active
Contact us
Listing Agency: CBRE - Fort Collins
Listed By: Peter Kast · License #CO EA.000227001
Source: Crexi
Added: Jul 8 Changed: Aug 22 Last Checked: Aug 24 at 2:59PM

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 former grocery store has been repurposed as a medical headquarters, with a flexible mix of office, warehouse, training, and retail space. The property includes areas used for training and assembly, described as the Drake Centre, supporting group gatherings and educational or corporate programming. Existing improvements reflect adaptive reuse designed to accommodate a range of future tenant needs.

802 West Drake Road is located at the intersection of West Drake Road and South Shields Street in Fort Collins, within a well-established neighborhood center. The Drake & Shields corridor serves as a commercial hub with nearby neighborhood retail, restaurants, service providers, medical offices, and dense residential neighborhoods. The property is described as benefiting from strong daily traffic counts and proximity to CSU, with 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 (verification of the specific district and permitted uses is recommended).

Key Highlights

  • Year built 1998—former grocery building repurposed for medical headquarters use
  • Flexible layout includes office, warehouse, training, and retail space
  • Training/assembly area includes the Drake Centre, designed for large group gatherings and events

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.

Lease Details

NNN (Triple Net)
Lease Type

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

Lease Benchmarks for Fort Collins, CO

$11.93 /SF/Yr
Avg Asking Price
$6.78–$19.92 /SF/Yr
Price Range
5,574 SF
Avg Space Size

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 building repurposed with flexible office, warehouse, training, and retail areas for medical headquarters use.
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 building repurposed for medical headquarters use; Flexible layout includes office, warehouse, training, and retail space; Training/assembly area includes the Drake Centre, designed for large group gatherings and events
(970) 372-3858 Call to check price and availability
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