2050 Terry St, Longmont, CO 80501
1,704 SF office condominium in a prime Longmont location.
- Added:
- Apr 17, 2024
- Days on Market:
- 785
- Last Refresh:
- May 12 at 8:18 pm
Property Features for 2050 Terry St
General Information
- Standard status
- Active
- Size
- 1,704 SF
- Property subtype
- Office
Building Details
- Year Built
- 1996
Listing agent TJ Antinora License #100066530
Listing office CBRE - Fort Collins (970) 217-4223
Listing date Apr 17, 2024
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 CBRE - Fort Collins
HighLights
- Prime location in north Longmont, close to Hwy 287/Main St.
- 1,704 SF office condominium.
- Suitable for medical, legal, and financial services industries.
- 2‑story brick office building.
- 38 shared parking spaces.
- Built in 1996.
Overview
Local Financial Insights For Office B
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 | $30.7k | $18.00 |
| − Vacancy | −$1.7k | −$0.99 |
| EGI | $29.0k | $17.01 |
| − OpEx | −$7.2k | −$4.25 |
| NOI | $21.7k | $12.76 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Longmont
- County
- Weld
- State
- Colorado
- Longitude
- -105.1042115
- Latitude
- 40.1947249
