1107 Drake Rd Fort Collins, CO 80526-6041
This 1,521 square foot retail space is located in Suite E-2 of the Cimarron Shopping Center at 1107 W Drake Rd, Ft Collins, CO. Situated within a vibrant shopping center, this property boasts excellent foot traffic and high visibility due to its convenient location with easy access from Shield Street. The space is ideal for financial services businesses and offers a fantastic opportunity to establish a presence in a thriving community. One space is currently available for lease, offering a great chance for businesses seeking a well-established location. Tenants benefit from the opportunity to advertise on the digital monument sign visible from Drake and Shields Streets, enhancing marketing reach. The lease terms include a first month's rent and a security deposit totaling $4,350, due at lease signing. The property is available for occupancy on December 31, 2024. The lease is a triple net (NNN) lease with a base rent of $23.00 per square foot, and additional NNN expenses of $11.26 per square foot. This presents a compelling opportunity for businesses seeking a high-traffic, well-located retail space in a flourishing Fort Collins neighborhood.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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