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125 S Howes St - Key Bank Tower 6,200 SF Office/Retail Condo Unit Offered at $1,995,000 in Fort Collins, CO 80521
Investment Highlights
- Investment grade tenant, Key Bank, has occupied the 1st floor for 30-years
- Key Bank has signage on the iconic 11-story office building, which is known as the Key Bank Tower
- Tenant has reserved parking for their suite
- Rent increases to $133,100, 6.67% CAP, in May 2026
- Ownership includes additional 40,000 SF parking lot in addition to onsite parking
- Main floor suite with direct street access
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 6 |
| Cap Rate | 6.67% |
| Sale Type | Investment |
| Cap Rate | 6.67% |
| No. Parking Spaces | 6 |
Description
First floor condo with excellent visibility and access.
Sale Notes
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.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit A | 6,200 SF | Office/Retail | $1,995,000 ($321.77/SF) | $133,100 |
Unit A
| Unit Size |
| 6,200 SF |
| Condo Use |
| Office/Retail |
| Price |
| $1,995,000 ($321.77/SF) |
| NOI |
| $133,100 |
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Street View
Street
Map
Unit A
| Unit Size | 6,200 SF |
| Condo Use | Office/Retail |
| Price | $1,995,000 ($321.77/SF) |
| NOI | $133,100 |
| Sale Type | Investment |
| Cap Rate | 6.67% |
| No. Parking Spaces | 6 |
| Description | |
| First floor condo with excellent visibility and access.</li></ul> | |
| Sale Notes | |
| 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.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 127,500 SF | Typical Floor Size | 11,590 SF |
| Property Type | Office (Condo) | 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 | Office (Condo) |
| 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 1
Moderately walkable
60/100
Moderately drivable
60/100
Good public transit
60/100
Very bikeable
80/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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125 S Howes St - Key Bank Tower
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