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3500 JFK Pky 37,507 SF 100% Leased 4-Star Office Building Fort Collins, CO 80525 $8,650,000 ($230.62/SF) 7.27% Cap Rate



Executive Summary
REPOSITIONED PRICING
- Sales Price from $9,900,000 to $8,650,000
- Improved 7.27% Cap Rate Based on Actuals. 100% Occupied.
- Seller Carry Avail to Viable Buyers at 5.25% Interest, 1/3rd Down Payment, and 5 Year Balloon.
- 2026 NOI Based on Actual Leases $629,000. Includes 5% Vacancy and Management.
- 41,225 Building SF / 37,507 Rentable SF on 2.43 Acres of Land. Additional 0.875 Acre Pad Site For Sale At $400,000 ($10.50 Per SF).
- Year Built 1984 / 2008 Major Interior Remodel and New HVAC Completed.
- New Roof in 2024.
- Well Managed with Reliable Financial Information.
- Elevator Served Building, Complete with Major Interior Upgrades and Elegant Landscaping.
- Thoughtful Tenant Mix to Incl 16 Tenants, Multiple National Tenants.
- 148 Parking Spaces (3.89 parking ratio).
- Located Within the General Commercial Zone District.
RE/MAX Commercial Alliance is proud to offer this exceptional opportunity to acquire a fully leased NNN property, available for the first time since its construction. Situated at 3500 John F. Kennedy Parkway in the vibrant midtown district, this trophy asset sits just steps from the redeveloped Foothills Mall and Marriot Hotel, surrounded by an abundance of dining, shopping, and lifestyle amenities. This dynamic location combines visibility, accessibility, and walkability — a winning combination for long-term value.
Containing 41,225 building SF across four levels, this striking property offers abundant parking, expansive natural light, and modern interiors, complemented by a contemporary monument sign for maximum exposure. The well-balanced tenant roster features a mix of established professional office and medical tenants, delivering 100% occupancy.
An additional 0.875 acre pad site is available for sale separately, unlocking future development or expansion potential in a high-demand corridor where opportunities are scarce. This is a turnkey, income-producing asset in a prime location where quality investments rarely come to market.
PROPERTY OVERVIEW
• New roof 2024 with Transferrable 20-year NDL Material Warranty, 5-year Workmanship Warranty.
• New monument sign 2018.
• YOC 1984, 2008 major interior remodel.
• HVAC – 2, 50 ton RTUs. Installed in Nov. 2008, plus April 2017 updated controls system.
• Elevator cab remodeled Oct. 2013. April 2017 new hydraulic dry pump system installed.
• Mill and overlay of parking lot and curb repairs completed September 2025, $90,000 value.
• New radio communication system required by PFA installed.
• Approx. $373,973 future Capital Improvement cost recovery benefit to be conveyed to Buyer.
• Parking: 148 parking spaces (3.89 parking ratio). 124 in front of bldg. 24 in the private drive on N and E side of property. These 24 are shared with property to the north (8 appurtenant to the Pad Site). The property owner to the north is responsible for the maintenance of the 24 shared spaces.
- Sales Price from $9,900,000 to $8,650,000
- Improved 7.27% Cap Rate Based on Actuals. 100% Occupied.
- Seller Carry Avail to Viable Buyers at 5.25% Interest, 1/3rd Down Payment, and 5 Year Balloon.
- 2026 NOI Based on Actual Leases $629,000. Includes 5% Vacancy and Management.
- 41,225 Building SF / 37,507 Rentable SF on 2.43 Acres of Land. Additional 0.875 Acre Pad Site For Sale At $400,000 ($10.50 Per SF).
- Year Built 1984 / 2008 Major Interior Remodel and New HVAC Completed.
- New Roof in 2024.
- Well Managed with Reliable Financial Information.
- Elevator Served Building, Complete with Major Interior Upgrades and Elegant Landscaping.
- Thoughtful Tenant Mix to Incl 16 Tenants, Multiple National Tenants.
- 148 Parking Spaces (3.89 parking ratio).
- Located Within the General Commercial Zone District.
RE/MAX Commercial Alliance is proud to offer this exceptional opportunity to acquire a fully leased NNN property, available for the first time since its construction. Situated at 3500 John F. Kennedy Parkway in the vibrant midtown district, this trophy asset sits just steps from the redeveloped Foothills Mall and Marriot Hotel, surrounded by an abundance of dining, shopping, and lifestyle amenities. This dynamic location combines visibility, accessibility, and walkability — a winning combination for long-term value.
Containing 41,225 building SF across four levels, this striking property offers abundant parking, expansive natural light, and modern interiors, complemented by a contemporary monument sign for maximum exposure. The well-balanced tenant roster features a mix of established professional office and medical tenants, delivering 100% occupancy.
An additional 0.875 acre pad site is available for sale separately, unlocking future development or expansion potential in a high-demand corridor where opportunities are scarce. This is a turnkey, income-producing asset in a prime location where quality investments rarely come to market.
PROPERTY OVERVIEW
• New roof 2024 with Transferrable 20-year NDL Material Warranty, 5-year Workmanship Warranty.
• New monument sign 2018.
• YOC 1984, 2008 major interior remodel.
• HVAC – 2, 50 ton RTUs. Installed in Nov. 2008, plus April 2017 updated controls system.
• Elevator cab remodeled Oct. 2013. April 2017 new hydraulic dry pump system installed.
• Mill and overlay of parking lot and curb repairs completed September 2025, $90,000 value.
• New radio communication system required by PFA installed.
• Approx. $373,973 future Capital Improvement cost recovery benefit to be conveyed to Buyer.
• Parking: 148 parking spaces (3.89 parking ratio). 124 in front of bldg. 24 in the private drive on N and E side of property. These 24 are shared with property to the north (8 appurtenant to the Pad Site). The property owner to the north is responsible for the maintenance of the 24 shared spaces.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Office
Property Subtype
Building Size
37,507 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1984/2008
Price
$8,650,000
Price Per SF
$230.62
Cap Rate
7.27%
NOI
$629,000
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
11,631 SF
Slab To Slab
14’
Building FAR
0.35
Lot Size
2.43 AC
Zoning
CG - Located Within the General Commercial Zone District.
Parking
148 Spaces (3.89 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- CMG Loans
- Finance and Insurance
- 2,742 SF
- -
- Triple Net
- -
- Colorado Center for Assessment
- Professional, Scientific, and Technical Services
- 6,008 SF
- -
- Triple Net
- -
- Effectv Comcast
- Information
- 1,360 SF
- -
- Triple Net
- -
- Fidelity National Title
- Finance and Insurance
- 5,067 SF
- -
- -
- -
- Harmony Media
- Professional, Scientific, and Technical Services
- 5,180 SF
- -
- Triple Net
- -
- IMA Select Financial Group
- Finance and Insurance
- 2,211 SF
- -
- Triple Net
- -
- Rebound Sports & Physical Therapy
- Professional, Scientific, and Technical Services
- 4,478 SF
- -
- Triple Net
- -
- RL Farmer Wealth Strategies
- Finance and Insurance
- 2,436 SF
- -
- Triple Net
- -
- Seven Dimensions Behavioral Health
- Health Care and Social Assistance
- 2,615 SF
- -
- -
- -
- The Whiting Turner Contracting Company
- Construction
- 2,480 SF
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| CMG Loans | Finance and Insurance | 2,742 SF | - | Triple Net | - | |
| Colorado Center for Assessment | Professional, Scientific, and Technical Services | 6,008 SF | - | Triple Net | - | |
| Effectv Comcast | Information | 1,360 SF | - | Triple Net | - | |
| Fidelity National Title | Finance and Insurance | 5,067 SF | - | - | - | |
| Harmony Media | Professional, Scientific, and Technical Services | 5,180 SF | - | Triple Net | - | |
| IMA Select Financial Group | Finance and Insurance | 2,211 SF | - | Triple Net | - | |
| Rebound Sports & Physical Therapy | Professional, Scientific, and Technical Services | 4,478 SF | - | Triple Net | - | |
| RL Farmer Wealth Strategies | Finance and Insurance | 2,436 SF | - | Triple Net | - | |
| Seven Dimensions Behavioral Health | Health Care and Social Assistance | 2,615 SF | - | - | - | |
| The Whiting Turner Contracting Company | Construction | 2,480 SF | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Suite 325 has reception area, large conference room, corner private office, open work area plus kitchenette. Base lease rate is $18.00 per SF. NNN’s are est. at $13.74 per/SF (2026). Includes utilities and 3x a week suite janitorial.
| Space | Size | Space Use | Build-Out | Available |
| 3rd Fl-Ste 325 | 1,360 SF | Office | - | 30 Days |
3rd Fl-Ste 325
| Size |
| 1,360 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| 30 Days |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3rd Fl-Ste 325
| Size | 1,360 SF |
| Space Use | Office |
| Build-Out | - |
| Available | 30 Days |
Suite 325 has reception area, large conference room, corner private office, open work area plus kitchenette. Base lease rate is $18.00 per SF. NNN’s are est. at $13.74 per/SF (2026). Includes utilities and 3x a week suite janitorial.
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Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 97253-14-001 | Improvements Assessment | $0 |
| Land Assessment | $250,706 | Total Assessment | $250,706 |
Property Taxes
Parcel Number
97253-14-001
Land Assessment
$250,706
Improvements Assessment
$0
Total Assessment
$250,706
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
3500 JFK Pky



