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    1107 Drake Rd Fort Collins, CO 80526

    For Lease
    $23 SF/Yr

    Prime Retail Space, High Traffic Location

    Lot size:
    1,521 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This 1,521 square foot retail space is located in Suite E-2 of the Cimarron Shopping Center at 1107 W Drake Rd, Ft Collins, CO. Situated within a vibrant shopping center, this property boasts excellent foot traffic and high visibility due to its convenient location with easy access from Shield Street. The space is ideal for financial services businesses and offers a fantastic opportunity to establish a presence in a thriving community. One space is currently available for lease, offering a great chance for businesses seeking a well-established location. Tenants benefit from the opportunity to advertise on the digital monument sign visible from Drake and Shields Streets, enhancing marketing reach. The lease terms include a first month's rent and a security deposit totaling $4,350, due at lease signing. The property is available for occupancy on December 31, 2024. The lease is a triple net (NNN) lease with a base rent of $23.00 per square foot, and additional NNN expenses of $11.26 per square foot. This presents a compelling opportunity for businesses seeking a high-traffic, well-located retail space in a flourishing Fort Collins neighborhood.

    Property Features for 1107 Drake Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,521 SF

    Unit(s) available at that property

    Space
    1107 W Drake Rd, Suite E-2
    Size
    1,521 SF
    Rate per SF
    $23

    HighLights

    • 1,521 sq. ft. retail space available for lease in Ft. Collins, CO.
    • Located in the Cimarron Shopping Center with high foot traffic and visibility.
    • Easy access from Shield St.
    • Available December 31, 2024.
    • $23.00/SF NNN, with NNN charges of $11.26/SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    We Fix It ... Mobile Phone Repair Shop Batteries Plus Car Battery Store Ent Credit Union Credit Union Front Range Reptiles Reptile Store Ptacek Enterprises Inc Electrical Supply Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.0964773
    Latitude
    40.5519895

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, High Traffic Location
    Where is this retail property located?
    The property is located at 1107 Drake Rd Fort Collins, CO.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 1,521 sq. ft. retail space available for lease in Ft. Collins, CO.; Located in the Cimarron Shopping Center with high foot traffic and visibility.; Easy access from Shield St.
    Request Owner's contact information
    1107 Drake Rd Fort Collins, CO 80526
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    Fort Collins, CO 80526
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1107 Drake Rd Fort Collins, CO 80526
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