3541 Harmony Rd Fort Collins, CO 80528-8816
- Turn key restaurants
- 8,101 SF
- 0.87 lot acres
Aug 30, 2024
Current Use by Public Records
- Gloss Dental Discount plan / Dental Clinic
- East Harmony Dental / Dentist / Cosmetic Dentist
- Dr. Rick Mueller / Dentist
- Rick Marshall Mueller / Dentist
- Potbelly / Deli / Fast Food Restaurant
Property Details for 3541 Harmony Rd
- Year built
- 2016
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.87 lot acres
- Property size
- 8,101 SF
- Property type
- Turn key restaurants
- APN
- 86042-15-003
- APU
- 8604215003
Description
This exceptional Class A, 25,701 square-foot retail center in Fort Collins, Colorado, presents a compelling investment opportunity. Located at 3541 & 3581 E Harmony Rd, this stabilized property boasts a 7.24% cap rate and a strong NOI of $1,042,311. Built in 2017, the two single-story buildings house ten tenants across a diverse, internet-resistant mix, primarily focused on food and beverage, with no large-format box spaces. The property benefits from a prime location on Harmony Road, a major east-west arterial with approximately 102,000 vehicles passing daily, and is situated within the 105-acre Harmony Technology Park, surrounded by significant employers including Intel, Banner Medical Center, HP, and Broadcom. The area demonstrates robust demographics, with 52,000 residents within a 3-mile radius and an average household income of $144,000. The property's strategic location, one mile from I-25, ensures excellent accessibility. With a 100% occupancy rate and built-in rent bumps, this NNN-leased multi-tenant property offers a secure and lucrative investment. The weighted average remaining lease term is slightly over four years, providing long-term stability. The modern architecture and efficient layout, including attractive outdoor seating areas, contribute to the property's appeal. The property's proximity to Fossil Ridge High School and other schools further enhances its desirability. The asking price is $14,400,000, representing a price per square foot of $560.29. This is a rare opportunity to acquire a high-performing retail asset in a thriving Colorado market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $14,000,000
- ML approach
- $14,000,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.012
- Latitude
- 40.5226
- CBSA code
- 22660
- CBSA name
- FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA
