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2002 Caribou Dr 1,930 - 5,568 SF Office Condo Units Offered at $600,000 - $1,200,000 Per Unit in Fort Collins, CO 80525
Investment Highlights
- Located in south-central Fort Collins
Executive Summary
Exceptional office investment opportunity in SouthCentral Fort Collins within the highly desirable Timberline Office Park. Suite 102A offers a professional and functional layout featuring a private front-entry office, four private offices, a private restroom, coffee bar, and an open reception/work area designed to create welcoming client experience and efficient workflow.This well-appointed office condo is ideal for investors or ownerusers seeking a premium business location with convenient accessto major transportation corridors, nearby retail amenities, dining, andsurrounding professional services. The property combines strong functionality, excellent accessibility, and a prestigious business park setting in one of Fort Collins' most sought-after office destinations.
5 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
High-quality office in south-central Fort Collins, located in the coveted Timberline Office Park. Suite 101 features numerous private offices, an open work area, a reception area with a built-in desk, a large kitchenette, a copy room with built-in counters, and a wet bar. This suite is also available for lease.
| Sale Type | Investment |
| Sale Type | Investment |
Description
Exceptional office investment opportunity in SouthCentral Fort Collins within the highly desirable Timberline Office Park. Suite 102A offers a professional and functional layout featuring a private front-entry office, four private offices, a private restroom, coffee bar, and an open reception/work area designed to create welcoming client experience and efficient workflow.This well-appointed office condo is ideal for investors or ownerusers seeking a premium business location with convenient accessto major transportation corridors, nearby retail amenities, dining, andsurrounding professional services. The property combines strong functionality, excellent accessibility, and a prestigious business park setting in one of Fort Collins' most sought-after office destinations.
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
High quality owner-user office opportunity in South Central Fort Collins, located in the coveted Timberline Office Park. Suite 102-B was remodeled in 2016, and features an open reception/waiting area, six private offices, a conference room, a private restroom, and a kitchenette/breakroom.
Sale Notes
Upper level office condo with high-end finishes throughout. Includes a common area, lobby, and restrooms. New HVAC systems installed in 2020.
| Sale Type | Investment | Cap Rate | 6.47% |
| Sale Type | Investment |
| Cap Rate | 6.47% |
Description
High-quality office investment opportunity in South Central Fort Collins located in the coveted Timberline Office Park. One national credit Tenant occupies the entire second floor. Contact Listing Broker for a Confidentiality Agreement to get more information on the existing Tenant.
Sale Notes
Upper level office condo with high-end finishes throughout. Includes a common area, lobby, and restrooms. New HVAC systems installed in 2020.
| Sale Type | Investment | Cap Rate | 6.32% |
| Sale Type | Investment |
| Cap Rate | 6.32% |
Description
High-quality office investment opportunity in South Central Fort Collins located in the coveted Timberline Office Park. One national credit Tenant occupies the entire second floor. Contact Listing Broker for a Confidentiality Agreement to get more information on the existing Tenant.
Sale Notes
Upper level office condo with high-end finishes throughout. Includes a common area, lobby, and restrooms. New HVAC systems installed in 2020.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101 | 5,568 SF | Office | $1,200,000 ($215.52/SF) | - |
| Unit 102-A | 1,930 SF | Office | $600,000 ($310.88/SF) | - |
| Unit 102-B | 2,242 SF | Office | $650,000 ($289.92/SF) | - |
| Unit 201 | 4,110 SF | Office | $950,000 ($231.14/SF) | $61,465 |
| Unit 202 | 3,105 SF | Office | $800,000 ($257.65/SF) | $50,560 |
Unit 101
| Unit Size |
| 5,568 SF |
| Condo Use |
| Office |
| Price |
| $1,200,000 ($215.52/SF) |
| NOI |
| - |
Unit 102-A
| Unit Size |
| 1,930 SF |
| Condo Use |
| Office |
| Price |
| $600,000 ($310.88/SF) |
| NOI |
| - |
Unit 102-B
| Unit Size |
| 2,242 SF |
| Condo Use |
| Office |
| Price |
| $650,000 ($289.92/SF) |
| NOI |
| - |
Unit 201
| Unit Size |
| 4,110 SF |
| Condo Use |
| Office |
| Price |
| $950,000 ($231.14/SF) |
| NOI |
| $61,465 |
Unit 202
| Unit Size |
| 3,105 SF |
| Condo Use |
| Office |
| Price |
| $800,000 ($257.65/SF) |
| NOI |
| $50,560 |
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Unit 101
| Unit Size | 5,568 SF |
| Condo Use | Office |
| Price | $1,200,000 ($215.52/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| High-quality office in south-central Fort Collins, located in the coveted Timberline Office Park. Suite 101 features numerous private offices, an open work area, a reception area with a built-in desk, a large kitchenette, a copy room with built-in counters, and a wet bar. This suite is also available for lease.</li></ul> |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 102-A
| Unit Size | 1,930 SF |
| Condo Use | Office |
| Price | $600,000 ($310.88/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Exceptional office investment opportunity in SouthCentral Fort Collins within the highly desirable Timberline Office Park. Suite 102A offers a professional and functional layout featuring a private front-entry office, four private offices, a private restroom, coffee bar, and an open reception/work area designed to create welcoming client experience and efficient workflow.This well-appointed office condo is ideal for investors or ownerusers seeking a premium business location with convenient accessto major transportation corridors, nearby retail amenities, dining, andsurrounding professional services. The property combines strong functionality, excellent accessibility, and a prestigious business park setting in one of Fort Collins' most sought-after office destinations.</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 102-B
| Unit Size | 2,242 SF |
| Condo Use | Office |
| Price | $650,000 ($289.92/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| High quality owner-user office opportunity in South Central Fort Collins, located in the coveted Timberline Office Park. Suite 102-B was remodeled in 2016, and features an open reception/waiting area, six private offices, a conference room, a private restroom, and a kitchenette/breakroom.</li></ul> | |
| Sale Notes | |
| Upper level office condo with high-end finishes throughout. Includes a common area, lobby, and restrooms. New HVAC systems installed in 2020.</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 201
| Unit Size | 4,110 SF |
| Condo Use | Office |
| Price | $950,000 ($231.14/SF) |
| NOI | $61,465 |
| Sale Type | Investment |
| Cap Rate | 6.47% |
| Description | |
| High-quality office investment opportunity in South Central Fort Collins located in the coveted Timberline Office Park. One national credit Tenant occupies the entire second floor. Contact Listing Broker for a Confidentiality Agreement to get more information on the existing Tenant.</li></ul> | |
| Sale Notes | |
| Upper level office condo with high-end finishes throughout. Includes a common area, lobby, and restrooms. New HVAC systems installed in 2020.</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 202
| Unit Size | 3,105 SF |
| Condo Use | Office |
| Price | $800,000 ($257.65/SF) |
| NOI | $50,560 |
| Sale Type | Investment |
| Cap Rate | 6.32% |
| Description | |
| High-quality office investment opportunity in South Central Fort Collins located in the coveted Timberline Office Park. One national credit Tenant occupies the entire second floor. Contact Listing Broker for a Confidentiality Agreement to get more information on the existing Tenant.</li></ul> | |
| Sale Notes | |
| Upper level office condo with high-end finishes throughout. Includes a common area, lobby, and restrooms. New HVAC systems installed in 2020.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 22,499 SF | Typical Floor Size | 7,500 SF |
| Property Type | Office | Year Built | 2004 |
| Building Class | B | Lot Size | 0.33 AC |
| Floors | 3 | ||
| Zoning | E - Employment District | ||
| Total Building Size | 22,499 SF |
| Property Type | Office |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 7,500 SF |
| Year Built | 2004 |
| Lot Size | 0.33 AC |
| Zoning | E - Employment District |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
20/100
Moderately bikeable
60/100
1 of 5
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Street
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2002 Caribou Dr
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