2121 Midpoint Dr Fort Collins, CO 80525

Property Details for 2121 Midpoint Dr

Year built

2006

Lot size

1.54 lot acres

Property size

3,016 SF

Property type

Office Properties & Spaces

Description

This exceptional 3,016 square-foot office building, located at 2121 Midpoint Drive, Unit 101 in Fort Collins, Colorado, presents a compelling investment opportunity or owner-user scenario. The Class B property, built in 2006, boasts high-end finishes throughout its flexible open office layout. The two units (101A and 101B) offer convenient amenities including a conference room, lobby, and wet bar. Situated on a 1.54-acre lot, the three-story building features 45 parking spaces and is zoned E. With a strong NOI of $559,302 and a 7.47% cap rate, this property offers significant return potential. Its prime location on the Timberline Road business corridor provides high visibility to over 32,000 daily commuters on E Prospect Road, and offers easy access to I-25, facilitating convenient access to all areas of Fort Collins. The building's proximity to major employers in Spring Creek Business Park, Old Town Fort Collins, the University of Colorado Health campus, and Colorado State University (with over 30,000 students) further enhances its appeal. Building signage is also available. The asking price is $748,800, with a price per square foot of $248.28. This property is an ideal choice for investors seeking a strong return or businesses looking for a well-appointed space in a thriving location.

Location Insight

City

Fort Collins

County

Larimer

State

Colorado

Longitude

-105.038

Latitude

40.5657