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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
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. Located in South Central Fort Collins on Timberline Rd, just north of Harmony Rd, and less than ten minutes from Interstate-25.
5 Units Available
Unit 101
| Unit Size | 5,568 SF | Condo Use | Office |
| Price | $1,200,000 | Sale Type | Investment or Owner User |
| Price Per SF | $215.52 |
| Unit Size | 5,568 SF |
| Price | $1,200,000 |
| Price Per SF | $215.52 |
| Condo Use | Office |
| 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.
Unit 102-A
| Unit Size | 1,930 SF | Condo Use | Office |
| Price | $600,000 | Sale Type | Investment |
| Price Per SF | $310.88 |
| Unit Size | 1,930 SF |
| Price | $600,000 |
| Price Per SF | $310.88 |
| Condo Use | Office |
| Sale Type | Investment |
Description
High-quality office investment opportunity in South Central Fort Collins located in the coveted Timberline Office Park. Suite 102-A was remodeled in 2016 and is occupied by a Tenant with strong financials. Contact Listing Broker for a Confidentiality Agreement to get more information on the existing Tenant.
Unit 102-B
| Unit Size | 2,242 SF | Condo Use | Office |
| Price | $650,000 | Sale Type | Investment or Owner User |
| Price Per SF | $289.92 |
| Unit Size | 2,242 SF |
| Price | $650,000 |
| Price Per SF | $289.92 |
| Condo Use | Office |
| 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.
Unit 201
| Unit Size | 4,110 SF | Sale Type | Investment |
| Price | $950,000 | Cap Rate | 6.47% |
| Price Per SF | $231.14 | NOI | $61,465 |
| Condo Use | Office |
| Unit Size | 4,110 SF |
| Price | $950,000 |
| Price Per SF | $231.14 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 6.47% |
| NOI | $61,465 |
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 202
| Unit Size | 3,105 SF | Sale Type | Investment |
| Price | $800,000 | Cap Rate | 6.32% |
| Price Per SF | $257.65 | NOI | $50,560 |
| Condo Use | Office |
| Unit Size | 3,105 SF |
| Price | $800,000 |
| Price Per SF | $257.65 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 6.32% |
| NOI | $50,560 |
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.
Property Facts
| 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 |
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2002 Caribou Dr
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