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The Lyric 1209 N College Ave 11,021 SF Retail Building Fort Collins, CO 80524 $3,500,000 ($317.58/SF) 6.56% Cap Rate
INVESTMENT HIGHLIGHTS
- Located off N College
- 32 Parking Spaces
- Minutes away from Downtown Fort Collins
EXECUTIVE SUMMARY
Don’t miss this opportunity to own one of the most unique properties in Colorado! The Lyric has been a staple in the Fort Collins community since 2007. It began as a small downtown rental and has since grown into a community institution, with their full bar and counter service restaurant. Their current location was built in 2017, specifically for the business. Locally owned and operated, The Lyric is know for it’s eclectic atmosphere, community focus, and diverse offerings. It hosts a variety of events in the FoCo neighborhood, including live music, movies, and art installations. The uniqueness of this space makes it a popular destination for college students, locals, and visitors alike! This investment won’t last long, so act fast to own a part of Fort Collins history!
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
11,021 SF
Building Class
B
Year Built
2017
Price
$3,500,000
Price Per SF
$317.58
Cap Rate
6.56%
NOI
$229,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.66 AC
Frontage
185’ on N College Ave
AMENITIES
- Restaurant
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Lyric Cinema Cafe
- Information
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Lyric Cinema Cafe | Information | - | - | - |
Bike Score®
Biker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 97024-16-001 | Improvements Assessment | $416,742 |
| Land Assessment | $129,121 | Total Assessment | $545,863 |
PROPERTY TAXES
Parcel Number
97024-16-001
Land Assessment
$129,121
Improvements Assessment
$416,742
Total Assessment
$545,863
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The Lyric | 1209 N College Ave
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