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1716 Heath Pky 20,970 SF Flex Building Fort Collins, CO 80524 $4,150,000 ($197.90/SF) 7.84% Cap Rate



INVESTMENT HIGHLIGHTS
- Lease Commencement: April 15, 2011
- Offering Memorandum upon request
- 3+ year existing lease with scheduled rent increases
EXECUTIVE SUMMARY
Offering Memorandum upon request. Please reach out directly for more details.
PROPERTY FACTS
| Price | $4,150,000 | Rentable Building Area | 20,970 SF |
| Price Per SF | $197.90 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1976/2012 |
| Cap Rate | 7.84% | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 5.2/1,000 SF |
| Property Subtype | Flex Research & Development | Clear Ceiling Height | 16’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 1.57 AC | Opportunity Zone |
Yes
|
| Zoning | C - Industrial Light - Larimer County | ||
| Price | $4,150,000 |
| Price Per SF | $197.90 |
| Sale Type | Investment |
| Cap Rate | 7.84% |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | B |
| Lot Size | 1.57 AC |
| Rentable Building Area | 20,970 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1976/2012 |
| Tenancy | Single |
| Parking Ratio | 5.2/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | C - Industrial Light - Larimer County |
AMENITIES
- Storage Space
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 1
PROPERTY TAXES
| Parcel Number | 87074-56-002 | Improvements Assessment | $861,971 |
| Land Assessment | $114,530 | Total Assessment | $976,501 |
PROPERTY TAXES
Parcel Number
87074-56-002
Land Assessment
$114,530
Improvements Assessment
$861,971
Total Assessment
$976,501
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1716 Heath Pky
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