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31456854
31456865

1109 Oak Park Dr, Fort Collins, CO 80525 For Sale

NN
CO CO 100057133
Waypoint Real Estate
JA
CO FA100046816
Waypoint Real Estate
Listed by Waypoint Real Estate
$1,975,000
110 days on market
Updated 34 days ago

1109 Oak Park Dr

Details
APN 8606238002
Property Type Mixed Use, Office (+1)
Sub Type Creative Office, Executive Office (+1)
Square Footage 11,120
Cap Rate 7.06%
NOI $139,506
Occupancy 72.71%
Tenancy Multi
Lease Type NNN
Lease Term 10.8
Lease Expiration 02/28/2035
Remaining Term 8.6
Price per SqFt $178
Class A
Year Built 2001
Year Renovated 2007
Buildings 1
Stories 2
Acreage 1.000
Zoning Highway Commercial
Parking Spaces 36 spaces
Parking per 1,000 SqFt 3.24
Lease Commencement 06/01/2024

OFFICE Space Multi-Tenant | 7.06% CAP | 11,120 Sq Ft

Marketing description

Waypoint Real Estate is pleased to present 1109 Oak Park Drive, an 11,120 SF office building

located in South Fort Collins within Oakridge Business Park. Situated on approximately 1.05

acres, the property offers 36 parking spaces plus street parking, modern finishes, and flexible

office layouts suitable for a variety of professional users.

The building is currently configured into Suite 100 (8,085 SF) and Suite 125 (3,035 SF). Suite 100

features 34 private offices, three conference rooms, a reception area, and an outdoor patio,

while Suite 125 includes three private offices, a kitchenette/breakroom, open workspace, private

restrooms, and a second-floor outdoor patio. The building offers monument signage

opportunities.

Located with easy access to I-25 and College Avenue, the property is near numerous amenities

including restaurants, retail, hotels, and trails.

1109 Oak Park Drive presents an opportunity to acquire a well-located office asset surrounded

by strong amenities in one of Fort Collins’ most desirable business corridors.

Investment highlights

Sale Price $1,975,000

NOI $139,506.72

Cap Rate 7.06%

Zoned Highway Commercial (HC)

Acres 1.05

Leased 72.71% occupied

Suite 100 Tenant Occupied 8,085 SF - Adopted Office / Regus (commenced 6/01/24)

Suite 125 For Lease 3,035 SF Available

Strategic Location Convenient access to I-25 and College Ave

Listing Contacts

NN
CO CO 100057133
Waypoint Real Estate
JA
CO FA100046816
Waypoint Real Estate
Listed by Waypoint Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$139,506.00
$11,625.50/mo

Valuation Metrics

0
DSCR
7.06%
Cap Rate
7.06%
ROI

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Additional Information

Name
Nick Norton
License
CO 100057133
Brokerage
Waypoint Real Estate
Title
Partner
Brokerage Address
125 South Howes Street
Name
Jake Arnold
License
FA100046816
Brokerage
Waypoint Real Estate LLC
Title
Broker
Brokerage Address
125 South Howes Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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