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125 S Howes St - Key Bank Tower 6,200 SF Office/Retail Condo Unit Offered at $2,050,000 in Fort Collins, CO 80521
INVESTMENT HIGHLIGHTS
- Strong tenant
- Passive investment
- Long-term tenant
- Triple Net Lease
EXECUTIVE SUMMARY
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 6.5% 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.
PROPERTY FACTS Under Contract
| Total Building Size | 127,500 SF | Typical Floor Size | 11,590 SF |
| Property Type | Year Built | 1970 | |
| Building Class | C | Lot Size | 2.93 AC |
| Floors | 11 | Parking Ratio | 10/1,000 SF |
| Zoning | D - D | ||
| Total Building Size | 127,500 SF |
| Property Type | |
| 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 |
| Zoning | D - D |
AMENITIES
- Signage
1 UNIT AVAILABLE
Unit A
| Unit Size | 6,200 SF | Sale Status | Under Contract |
| Price | $2,050,000 | Cap Rate | 6.49% |
| Price Per SF | $330.65 | NOI | $133,100 |
| Condo Use | Office/Retail | No. Parking Spaces | 6 |
| Sale Type | Investment |
| Unit Size | 6,200 SF |
| Price | $2,050,000 |
| Price Per SF | $330.65 |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 6.49% |
| NOI | $133,100 |
| No. Parking Spaces | 6 |
DESCRIPTION
First floor condo with excellent visibility and access.
Presented by
125 S Howes St - Key Bank Tower
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