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$ 1,995,000
Est. payment | /mo
6,200 SqFt
$ 1,995,000
Est. payment | /mo
6,200 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,200 sqft
Price per Sqft $321
Subdivision Savings Bldg Condos Amd Units 1A & 1B
MLS Listing ID IR1049478
Condo Fees $1
HOA Fees $1/mo
HOA Y/N No
Year Built 1970
Tax Year 2024
Lot Size 0.290 Acres
Acres 0.29
Source recolorado
Property Description
New price, and lease extended, 5+ years of term in downtown Fort Collins! Presenting an unbeatable triple net investment opportunity in Fort Collins, CO: 125 S. Howes Street. This 6,200 SF office/retail condo leased to Key Bank on triple net lease for 30 years, offers a stable income with a current net operating income of $133,100 and a 6.67% CAP rate, beginning May 2026. Key Bank has signage on the iconic building, known as the Key Bank Tower. The property boasts ownership of an additional 40,000 SF parking lot, enhancing its value and investment appeal. First floor suite with direct access and reserved parking.
Location
State CO
County Larimer
Zoning D
Rooms
Basement Partial
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Utilities Available Natural Gas Available
Roof Type Membrane
Building
Water Public
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Dunn
Middle Schools Other
High Schools Poudre
School District Poudre R-1
Others
Ownership Individual
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Realtec C.R.E.S., LLC
foothillscoloradohomes@gmail.com
11160 Huron St # 34, Westminster, CO, 80234, United States