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    902 Drake Rd Fort Collins, CO 80526

    For Lease
    $18 SF/Yr

    Prime Market Centre location, 1,201 sq ft.

    Lot size:
    16,032 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    902 West Drake Road offers a 1,201 square foot retail or restaurant space for lease within a larger 16,032 square foot multi-tenant office building constructed in 1999. This exceptional opportunity is situated in the vibrant Market Centre, conveniently located near the intersection of Drake Road and Shields Street, a high-traffic area boasting 28,591 vehicles per day. The building enjoys a strong tenant base, including established businesses such as Starbucks, Columbine Health, Anytime Fitness, and The Drake Centre, an event venue. The available space is specifically designed for food service, featuring a pre-installed hood system and potential access to a grease trap, streamlining the setup process for prospective tenants. This prime location offers excellent visibility and accessibility, making it an ideal space for a variety of retail or restaurant concepts seeking a thriving commercial environment. The building itself is a traditional office building with multiple tenants. This space presents a unique opportunity to establish a business in a well-established and high-traffic area.

    Property Features for 902 Drake Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,032 SF
    Total Rate
    24048

    Building Details

    Year Built
    1999

    Unit(s) available at that property

    Space
    Unit 7
    Size
    1,395 SF
    Rate per SF
    $19

    HighLights

    • 16,032 square foot office building built in 1999.
    • Multiple tenants currently occupy the building.
    • Available space is 1,201 square feet, suitable for retail or restaurant use.
    • Space includes a hood and potential grease trap access.
    • Located in the Market Centre at Drake Road and Shields Street, a high‑traffic intersection (28,591 vehicles per day).
    • Strong surrounding tenancy including Starbucks, Columbine Health, Anytime Fitness, and The Drake Centre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Drake Cycles Bicycle Shop Beacon Construction General Contractor Pho Duy Vietnamese Restaurant Turmeric Indian Grocery Indian Grocery Store Saffron Scoops N ... Indian Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.09313324404
    Latitude
    40.553359699752

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Market Centre location, 1,201 sq ft.
    Where is this office property / space located?
    The property is located at 902 Drake Rd Fort Collins, CO.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 16,032 square foot office building built in 1999.; Multiple tenants currently occupy the building.; Available space is 1,201 square feet, suitable for retail or restaurant use.
    Request Owner's contact information
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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
    902 Drake Rd Fort Collins, CO 80526
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