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125 S Howes St - Key Bank Tower

6,200 SF Office/Retail Condo Unit Offered at $2,100,000 in Fort Collins, CO 80521

Office Space Colorado Fort Collins 125 S Howes St, Fort Collins, CO 80521

Investment Highlights

  • Strong tenant
  • Passive investment
  • Long-term tenant

Executive Summary

First floor office condo leased to Key Bank on NNN lease. Long-term tenant of almost 30 years. Rent increases to at minimum $133,100/year, 6.34% CAP, in May 2026. Approx. 1 year and 8-months remain on the 5-year term with another 5-year option to renew. Key Bank has signage on the iconic 11-story office building, which is known as the Key Bank Tower.

Property Facts

Price $2,100,000 Building Class C
Unit Size 6,200 SF Floors 11
No. Units 1 Typical Floor Size 11,590 SF
Total Building Size 127,500 SF Year Built 1970
Property Type
Office (Condo)
  • General Retail Bank
 Lot Size 2.93 AC
Sale Type Investment NNN Parking Ratio 10/1,000 SF
Price $2,100,000
Unit Size 6,200 SF
No. Units 1
Total Building Size 127,500 SF
Property Type
Office (Condo)
  • General Retail Bank
Sale Type Investment NNN
Building Class C
Floors 11
Typical Floor Size 11,590 SF
Year Built 1970
Lot Size 2.93 AC
Parking Ratio 10/1,000 SF

1 Unit Available

Unit A

Unit Size 6,200 SF Sale Type Investment
Price $2,100,000 Cap Rate 5.76%
Price Per SF $338.71 NOI $121,000
Condo Use Office/Retail No. Parking Spaces 6
Unit Size 6,200 SF
Price $2,100,000
Price Per SF $338.71
Condo Use Office/Retail
Sale Type Investment
Cap Rate 5.76%
NOI $121,000
No. Parking Spaces 6
Description

First floor condo with excellent visibility and access.

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Walk Score®
Walker's Paradise (97)
Bike Score®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Amenities

  • Signage

zoning

Zoning Code D (D)
D (D)
(970) 229-9900

Contact

  • Listing ID: 33041992

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 125 S Howes St, Fort Collins, CO 80521

More public record information on 125 S Howes St, Fort Collins, CO 80521

The Office Property at 125 S Howes St, Fort Collins, CO 80521 is currently available for sale. Contact Realtec Commercial Real Estate Services for more information.

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125 S Howes St - Key Bank Tower
(970) 229-9900 x

125 S Howes St - Key Bank Tower

Erik Broman

(970) 229-9900

(970) 229-9900

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