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31770579
31771165

2 Locations For Sale

PK
CO FA.040024504
CBRE - Fort Collins
CBRE - Denver Tech Center
Listed by CBRE - Fort Collins, CBRE - Denver Tech Center
Unpriced
89 days on market
Updated 19 days ago

Otterbox Headquarters

Details
Property Type Office
Sub Type Executive Office
Square Footage 62,873
Cap Rate 7.28%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 05/31/2036
Remaining Term 9.9
Class A
Year Built 1972, 1986
Year Renovated 2010
Buildings 2
Stories 3
Investment Type Core+

STNL OtterBox Corporate HQ | Fort Collins, CO

Marketing description

CBRE is pleased to present the rare opportunity to acquire 209 S. Meldrum Street and 318 Canyon Avenue, mission‑critical corporate headquarters facilities for Otter Products, LLC (OtterBox), the nation’s best‑selling and most trusted mobile device case brand. The Portfolio comprises two strategically located office and R&D facilities totaling approximately 63,000 square feet, serving as essential hubs for Otter’s executive teams, product innovation, design,

and administrative operations.

The Portfolio offers investors durable, predictable cash flow backed by a new 10‑year triple‑net lease featuring 3% annual rent escalations through May 2036. With Otter Products responsible for all operating expenses – including maintenance, taxes, and insurance – future ownership will benefit from minimal landlord responsibilities and long‑term commitment from a well‑established technology and consumer‑products company.

Founded in Fort Collins in 1998, Otter Products has grown into a global leader in protective mobile solutions, serving major handheld device manufacturers, wireless carriers, and distributors worldwide. The company is widely known for its OtterBox-branded cases and accessories which are sold worldwide, maintains its headquarters at 209 S. Meldrum St, and

employs over 600 people.

Located in the vibrant Downtown Fort Collins district, the Portfolio sits steps from top‑tier restaurants, retailers, breweries, and civic amenities. The assets enjoy immediate access to College Avenue, the area’s primary commercial corridor,

providing excellent regional connectivity and enhancing tenant retention. This combination of urban walkability, long‑term tenancy, and constrained supply positions the Portfolio as a high‑quality, risk‑averse investment opportunity in one of

Colorado’s most desirable markets.

Investment highlights

  • MISSION‑CRITICAL GLOBAL HEADQUARTERS
  • LONG‑TERM, PREDICTABLE INCOME WITH 3% ANNUAL ESCALATIONS
  • STRONG & GROWING OPERATING PERFORMANCE
  • SIGNIFICANT TENANT CAPITAL INVESTMENT
  • PRIME DOWNTOWN FORT COLLINS LOCATION
  • SUPPLY‑CONSTRAINED, HIGH‑DEMAND MARKET
  • LOW OCCUPANCY COST FOR TENANT

Listing Contacts

PK
CO FA.040024504
CBRE - Fort Collins
CBRE - Denver Tech Center
Listed by CBRE - Fort Collins, CBRE - Denver Tech Center

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