Your email has been sent.
Boardwalk Crossings 181 W Boardwalk Dr 14,902 SF 68% Leased Office Building Fort Collins, CO 80525 $2,850,000 ($191.25/SF) 8.25% Cap Rate
Investment Highlights
- Existing tenancy provides an opportunity for an owner-user to generate rental income while occupying a significant portion of the building.
- At approximately $190/SF, the property offers an established, improved office asset with existing infrastructure and tenant improvements already.
- Blue Federal Credit Union provides an existing income component that can help offset ownership and occupancy costs.
- Significant potential space provides flexibility for a corporate headquarters, medical group, professional practice or financial-services user.
- Multiple suites and floors allow an owner to occupy, expand, lease excess space or transition the property toward a stabilized multitenant investment
- Strong access, surrounding amenities and proximity to the South College Avenue and the Harmony Corridor enhance both owner-user functionality
Executive Summary
14,977 SF professional office building situated on approximately 0.58 acres with flexible multi-tenant floor plans across three levels. Abundant parking and well-manicured landscaping add to the building’s curb appeal. Interior Improvements include an elevator, secured entry, ADA-accessible restrooms, professional office/financial services buildout, updated LED lighting, and newer rooftop HVAC units. The building features a three lane drive through, currently used by Blue Credit Union, and can be repurposed as needed.
Positioned near South College Avenue / U.S. Highway 287, the property benefits from convenient access throughout Fort Collins and the greater Northern Colorado region. The surrounding commercial corridor provides extensive restaurants, retail, banking and services, and a short drive from The Foothills Mall, and the Harmony Corridor. Fort Collins offers a highly educated workforce, strong household demographics and a diverse employment base supported by Colorado State University and major regional employers providing an robust educated labor pool. Within close proximity is the Max Transit line offering easy access to public transportation.
Property Facts
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- Well appointed building featuring professional office suites in convenient midtown location - High quality finishes and functional layouts to suit many different office needs - Elevator-served second floor with large windows offering abundant natural light and mountain views - Close proximity to many restaurants, retailers, and amenities of midtown Fort Collins and the Harmony Corridor - Multiple configurations to choose from, each with a kitchenette and common restrooms - can be leased separately or combined for a larger need - Monument signage available for each tenant and building signage possible for multiple suites Ideal Uses: - Design - Engineering - Marketing - Sales - Insurance - Legal - Financial
- Well appointed building featuring professional office suites in convenient midtown location - High quality finishes and functional layouts to suit many different office needs - Elevator-served second floor with large windows offering abundant natural light and mountain views - Close proximity to many restaurants, retailers, and amenities of midtown Fort Collins and the Harmony Corridor - Multiple configurations to choose from, each with a kitchenette and common restrooms - can be leased separately or combined for a larger need - Monument signage available for each tenant and building signage possible for multiple suites Ideal Uses: - Design - Engineering - Marketing - Sales - Insurance - Legal - Financial
- Well appointed building featuring professional office suites in convenient midtown location - High quality finishes and functional layouts to suit many different office needs - Elevator-served second floor with large windows offering abundant natural light and mountain views - Close proximity to many restaurants, retailers, and amenities of midtown Fort Collins and the Harmony Corridor - Multiple configurations to choose from, each with a kitchenette and common restrooms - can be leased separately or combined for a larger need - Monument signage available for each tenant and building signage possible for multiple suites Ideal Uses: - Design - Engineering - Marketing - Sales - Insurance - Legal - Financial
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 201 | 1,552 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 203 | 1,567 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 204 | 1,586 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 201
| Size |
| 1,552 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 203
| Size |
| 1,567 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 204
| Size |
| 1,586 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 201
| Size | 1,552 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
- Well appointed building featuring professional office suites in convenient midtown location - High quality finishes and functional layouts to suit many different office needs - Elevator-served second floor with large windows offering abundant natural light and mountain views - Close proximity to many restaurants, retailers, and amenities of midtown Fort Collins and the Harmony Corridor - Multiple configurations to choose from, each with a kitchenette and common restrooms - can be leased separately or combined for a larger need - Monument signage available for each tenant and building signage possible for multiple suites Ideal Uses: - Design - Engineering - Marketing - Sales - Insurance - Legal - Financial
2nd Fl-Ste 203
| Size | 1,567 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
- Well appointed building featuring professional office suites in convenient midtown location - High quality finishes and functional layouts to suit many different office needs - Elevator-served second floor with large windows offering abundant natural light and mountain views - Close proximity to many restaurants, retailers, and amenities of midtown Fort Collins and the Harmony Corridor - Multiple configurations to choose from, each with a kitchenette and common restrooms - can be leased separately or combined for a larger need - Monument signage available for each tenant and building signage possible for multiple suites Ideal Uses: - Design - Engineering - Marketing - Sales - Insurance - Legal - Financial
2nd Fl-Ste 204
| Size | 1,586 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
- Well appointed building featuring professional office suites in convenient midtown location - High quality finishes and functional layouts to suit many different office needs - Elevator-served second floor with large windows offering abundant natural light and mountain views - Close proximity to many restaurants, retailers, and amenities of midtown Fort Collins and the Harmony Corridor - Multiple configurations to choose from, each with a kitchenette and common restrooms - can be leased separately or combined for a larger need - Monument signage available for each tenant and building signage possible for multiple suites Ideal Uses: - Design - Engineering - Marketing - Sales - Insurance - Legal - Financial
Property Taxes
| Parcel Number | 97351-64-001 | Improvements Assessment | $536,652 |
| Land Assessment | $75,573 | Total Assessment | $612,225 |
Property Taxes
