Oak Street Plaza | 140 W Oak St
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Oak Street Plaza 140 W Oak St
13,307 SF 100% Leased Retail Building Fort Collins, CO 80524 $2,850,000 ($214/SF) 5.80% Cap Rate
Executive Summary
Waypoint Real Estate is excited to present 140 W Oak St, a 13,050 square foot retail and office building in the heart of Fort Collins' vibrant downtown. With an impressive 96.6% occupancy rate, this property offers investors both stability and immediate income potential. Its prime downtown location provides unparalleled access to the community, complemented by ample street and garage parking options.
The property benefits from Downtown District zoning, allowing for a mix of retail, office, and other commercial uses. This flexibility, coupled with the potential for repositioning, offers significant opportunities for future growth and value creation. 140 W Oak St represents a unique investment opportunity to acquire a high-occupancy, well-maintained property in one of Fort Collins' most dynamic areas.
The property benefits from Downtown District zoning, allowing for a mix of retail, office, and other commercial uses. This flexibility, coupled with the potential for repositioning, offers significant opportunities for future growth and value creation. 140 W Oak St represents a unique investment opportunity to acquire a high-occupancy, well-maintained property in one of Fort Collins' most dynamic areas.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,307 SF
Building Class
C
Year Built
1925
Price
$2,850,000
Price Per SF
$214
Cap Rate
5.80%
NOI
$165,408
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
1.70
Lot Size
0.18 AC
Zoning
D, Fort Collins
Frontage
60 FT on W Oak St
Amenities
- Signage
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (100)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 97114-14-032 | Improvements Assessment | $715,802 |
Land Assessment | $65,370 | Total Assessment | $781,172 |
PROPERTY TAXES
Parcel Number
97114-14-032
Land Assessment
$65,370
Improvements Assessment
$715,802
Total Assessment
$781,172
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Oak Street Plaza | 140 W Oak St
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