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John F. Kennedy Pkwy Fort Collins, CO 80525

For Sale
$9,900,000

Fully leased NNN property with development potential in Fort Collins.

Lot size:
3.30 Acres

Property Features for John F. Kennedy Pkwy

General Information

Standard status
Active
Lot size
3.30 Acres

Building Details

Year built
1984

Source: RE/MAX Comm. Alliance-FTC Dwtn Agent MICHELLE HICKEY CRAWFORD

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fully Leased NNN Property

This is an exceptional opportunity to acquire a fully leased NNN property, available for the first time since its construction. The property has a 7% cap rate and is 100% occupied. The tenant mix includes 16 tenants, with multiple national brands. There are two rooftop antenna cell leases with a value of $1,000,000 at a 5% cap. The 2026 net operating income is projected to be $664,100, including a 5% vacancy and management allowance. The sale includes a 0.875-acre pad site, offering future development or expansion potential. The elevator-served building has 41,225 square feet and is situated on 3.3 acres. A major interior remodel and new HVAC system were completed in 2008. A new roof was installed in 2024. The property is well-managed with reliable financial information. There are 148 parking spaces, providing a parking ratio of 3.89. The property is located within the General Commercial Zone District.
Location Intelligence

Current Use by Public Records

Shopping centers

Similar Places Nearby

The Square, Horsetooth Plaza, Best Gadget Electronic Store, Coinstar Kiosk | Bitcoin ATM, Fountain Head Retail Center

Map

City
Fort Collins
County
Larimer
State
Colorado
Longitude
-105.014
Latitude
40.5065

FAQs

What type of property is this?
Shopping center - Fully leased NNN property with development potential in Fort Collins.
Where is this shopping center located?
The property is located at John F. Kennedy Pkwy Fort Collins, CO.
What is the asking price?
The asking price for this property is $9,900,000.
What are key features of this property?
This property features: - Fully leased NNN property with a desirable 7% Cap Rate and 100% occupancy.; - Two rooftop antenna cell leases with an estimated value of $1M at a 5% Cap.; - Includes a 0.875-acre pad site for future development or expansion.
More about this property
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