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    Industrial Property Near North College

    120 Hemlock St Fort Collins, CO 80524

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    For Sale
    Contact for pricing

    Spacious industrial property with overhead doors and full HVAC.

    Type:Industrial
    Property size:
    8,149 SF
    Price / SF:
    $190/SF
    Added:
    Jul 24, 2023
    Days on Market:
    1085
    Last Refresh:
    May 12 at 10:08 pm

    Property Features for 120 Hemlock St

    General Information

    Standard status
    Active
    Size
    8,149 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1966

    Listing office Cushman & Wakefield - Fort Collins, Colorado

    Listing date Jul 24, 2023

    Source Crexi

    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

    Investment Insights

    Based on property information with market context.

    This industrial property is located off North College Avenue. The property features a total of five overhead doors. It includes ample power and full HVAC.

    Key Highlights

    • Unbeatable location off North College Avenue.
    • Five overhead doors for convenience.
    • Ample power supply.

    Local Financial Insights For Industrial

    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 $122.2k $15.00
    − Vacancy −$5.1k −$0.63
    EGI $117.1k $14.37
    − OpEx −$35.1k −$4.31
    NOI $82.0k $10.06
    8,149 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $1.17M
    $1.02M – $1.37M (±1% cap)
    NOI $81,971 @ 7.0% cap · market cap 5.29%
    Second Best
    Flex RnD
    $1.12M
    $976.1K – $1.30M (±1% cap)
    NOI $78,086 @ 7.0% cap · market cap 5.04%
    Theoretical Best
    Office A
    $2.12M
    $1.86M – $2.48M (±1% cap)
    NOI $148,540 @ 7.0% cap · market cap 9.58%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Grocery & Convenience Store Daycare Center Electrical Service Locksmith Home Appliance Store (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Butcher (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Flex space - Spacious industrial property with overhead doors and full HVAC.
    Where is this flex space located?
    The property is located at 120 Hemlock St Fort Collins, CO.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: Unbeatable location off North College Avenue.; Five overhead doors for convenience.; Ample power supply.
    Contact an agent
    (970) 267-7404 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Nate Heckel
    Nate Heckel
    Real Estate License ID: CO FA.040037901
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