383 Drake Rd Fort Collins, CO 80526
This exceptional 3,397 square foot medical office condominium, located at 383 W Drake Rd, Suite 103, Fort Collins, CO 80526, presents a unique owner-user opportunity. Situated in the Drake Office Park, this Class B building offers a desirable mid-town location. The property, built in 1983 and featuring two stories, boasts a spacious layout ideal for a variety of medical or dental practices. The unit includes a large reception area, multiple private offices, several exam rooms, a sizable clinic with natural light, an in-house dental lab, and a convenient kitchenette. Restrooms are conveniently located within the suite. Ample parking is available with 60 spaces. The property is zoned E and currently occupied by Aspen Dental under a NNN lease expiring March 31, 2024. The asking price is $675,000, translating to $198.70 per square foot. This is a multi-tenant building with one unit available. Incentives for qualified buyers/tenants include one year of interest-only owner carry financing or one year of free rent (for a 5+ year lease term, subject to terms). This presents a compelling investment opportunity for a medical or dental professional seeking a turnkey practice space in a thriving Fort Collins location.
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Weekend Chiropractic Alternative Medicine Practice
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.