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209 S Meldrum St
Fort Collins, CO 80521
Otterbox Headquarters · Office Property For Sale


Executive Summary
Please go to the link below to access more information:
https://www.cbredealflow.com/handler/modern.aspx?pv=mnkRvcd9xPpzmaFqQVHryNDBCwrb3j_uyer4SK5vYwBKSNYTD3sjD9wOMNkfqxn8YOMZPeP-ecnPy10_kK8fTA
CBRE is pleased to present the rare opportunity to acquire 209 S. Meldrum Street and 318 Canyon Avenue, mission-critical corporate headquarters facilities for Otter Products, LLC (OtterBox), the nation’s best-selling and most trusted mobile device case brand. The Portfolio comprises two strategically located office and R&D facilities totaling approximately 63,000 square feet, serving as essential hubs for Otter’s executive teams, product innovation, design, and administrative operations.
The Portfolio offers investors durable, predictable cash flow backed by a new 10-year triple-net lease featuring 3% annual rent escalations through May 2036. With Otter Products responsible for all operating expenses – including maintenance, taxes, and insurance – future ownership will benefit from minimal landlord responsibilities and long-term commitment from a well-established technology and consumer-products company.
Founded in Fort Collins in 1998, Otter Products has grown into a global leader in protective mobile solutions, serving major handheld device manufacturers, wireless carriers, and distributors worldwide. The company is widely known for its OtterBox-branded cases and accessories which are sold worldwide, maintains its headquarters at 209 S. Meldrum St, and
employs over 600 people.
Located in the vibrant Downtown Fort Collins district, the Portfolio sits steps from top-tier restaurants, retailers, breweries, and civic amenities. The assets enjoy immediate access to College Avenue, the area’s primary commercial corridor,
providing excellent regional connectivity and enhancing tenant retention. This combination of urban walkability, long-term tenancy, and constrained supply positions the Portfolio as a high-quality, risk-averse investment opportunity in one of Colorado’s most desirable markets.
https://www.cbredealflow.com/handler/modern.aspx?pv=mnkRvcd9xPpzmaFqQVHryNDBCwrb3j_uyer4SK5vYwBKSNYTD3sjD9wOMNkfqxn8YOMZPeP-ecnPy10_kK8fTA
CBRE is pleased to present the rare opportunity to acquire 209 S. Meldrum Street and 318 Canyon Avenue, mission-critical corporate headquarters facilities for Otter Products, LLC (OtterBox), the nation’s best-selling and most trusted mobile device case brand. The Portfolio comprises two strategically located office and R&D facilities totaling approximately 63,000 square feet, serving as essential hubs for Otter’s executive teams, product innovation, design, and administrative operations.
The Portfolio offers investors durable, predictable cash flow backed by a new 10-year triple-net lease featuring 3% annual rent escalations through May 2036. With Otter Products responsible for all operating expenses – including maintenance, taxes, and insurance – future ownership will benefit from minimal landlord responsibilities and long-term commitment from a well-established technology and consumer-products company.
Founded in Fort Collins in 1998, Otter Products has grown into a global leader in protective mobile solutions, serving major handheld device manufacturers, wireless carriers, and distributors worldwide. The company is widely known for its OtterBox-branded cases and accessories which are sold worldwide, maintains its headquarters at 209 S. Meldrum St, and
employs over 600 people.
Located in the vibrant Downtown Fort Collins district, the Portfolio sits steps from top-tier restaurants, retailers, breweries, and civic amenities. The assets enjoy immediate access to College Avenue, the area’s primary commercial corridor,
providing excellent regional connectivity and enhancing tenant retention. This combination of urban walkability, long-term tenancy, and constrained supply positions the Portfolio as a high-quality, risk-averse investment opportunity in one of Colorado’s most desirable markets.
Property Facts
Sale Type
Investment
Property Type
Building Size
45,707 SF
Building Class
A
Year Built/Renovated
1972/2010
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
15,236 SF
Slab To Slab
13’
Building FAR
1.20
Lot Size
0.87 AC
Zoning
NCB
Parking
35 Spaces (0.77 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Wheelchair Accessible
- Atrium
- Secure Storage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
- On-Site Security Staff
Property Taxes
| Parcel Number | 97114-18-001 | Improvements Assessment | $1,802,331 |
| Land Assessment | $307,800 | Total Assessment | $2,110,131 |
Property Taxes
Parcel Number
97114-18-001
Land Assessment
$307,800
Improvements Assessment
$1,802,331
Total Assessment
$2,110,131
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