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    OFF-MARKET
    Lifestyle centers

    140 Oak St, Fort Collins, CO 80524

    13,050 SF Built 1925
    Property ID
    Property summary
    AI-generated overview

    This exceptional 13,050-square-foot retail center, located at 140 W Oak St. in the heart of Downtown Fort Collins, Colorado, presents a compelling investment opportunity. The property, known as Oak St. Plaza, boasts a strong 96.6% occupancy rate across its 16 tenants within 17 units. Built in 1925 and situated on a single two-story building, the property offers a blend of historical charm and modern functionality. The asking price is $2,850,000, translating to $218.39 per square foot, with a compelling 5.80% capitalization rate and a Net Operating Income (NOI) of $165,408. The property is zoned for Downtown District use, allowing for flexibility and potential repositioning opportunities. The multi-tenant, NNN lease structure provides a stable income stream. Ample street and garage parking are conveniently located nearby, enhancing the appeal for both tenants and customers. This prime location in the desirable downtown area of Fort Collins, within Larimer County and zip code 80524, offers significant potential for long-term growth and return on investment. The property's strong occupancy and favorable financial metrics make it an attractive addition to any portfolio.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 1925
    Total area 13,050 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Babalu's Cuban Cafe Restaurant
    • JJsmobilesolution Mobile Phone Store Electronics & Wireless Store
    • Oak Street Mall Shopping Center & Mall
    • Harlow Gold Salon and Spa Hair Salon
    • Flamingo Boutique LLC Discount Store (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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