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902 W Drake Rd 1,201 SF of Retail Space Available in Fort Collins, CO 80526
Sublease Highlights
- Highly visible position along one of Fort Collins’ most active commercial corridors
- Outdoor covered patio that enhances customer experience and revenue opportunity
- Sublease structure offering flexible and efficient entry into the market
- Existing kitchen infrastructure allowing streamlined operational startup
- Surrounded by established residential communities and complementary retail uses
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4 | 1,201 SF | Negotiable | $23.73 /SF/YR $1.98 /SF/MO $28,500 /YR $2,375 /MO | Triple Net (NNN) |
1st Floor, Ste 4
Located along one of Fort Collins’ most active east-west corridors, 902 W Drake Rd, Suite 4 presents a compelling turnkey restaurant opportunity within a strong and established retail trade area. The site benefits from prominent visibility along W Drake, a major connector serving dense residential neighborhoods, established commercial nodes, and Colorado State University’s broader community. This strategic positioning supports consistent daily traffic, strong consumer accessibility, and an appealing demographic profile that continues to drive demand for high-quality food and beverage concepts throughout the Fort Collins market. The space is currently configured for restaurant use and provides a functional layout supported by an existing kitchen infrastructure that includes a commercial hood system, three-compartment sink, produce sink, stove, fryer, freezer, and cooler, with equipment available for purchase. This operational foundation simplifies occupancy timelines and reduces upfront capital requirements for tenants seeking immediate market entry. Complementing the interior improvements is an attractive covered patio, offering valuable outdoor dining capacity that aligns with consumer preferences and contributes to expanded revenue potential. [902 W Drak..._V1_2.3.26 | PDF] Fort Collins remains one of Northern Colorado’s most desirable commercial environments, driven by its stable employment base, strong university presence, and exceptional quality of life. The property’s surrounding area includes a mix of established residential communities, an array of retail and service businesses, and close proximity to key commuter routes. These characteristics support consistent daytime and evening activity, creating a favorable environment for restaurant operators and other retail concepts that depend on visibility and accessibility. Offered as a sublease opportunity, Suite 4 provides flexibility for tenants seeking an efficient path to occupancy within a proven trade area, supported by quality improvements and a layout designed for practical execution. The combination of location strength, existing infrastructure, and outdoor dining potential positions this space as a high-value retail offering within the Fort Collins market.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Turnkey restaurant setup with patio
- Kitchen equipment available for purchase
- Existing hood and sinks installed
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 902 W Drake Rd, Fort Collins, CO 80526
- Tenant
- Description
- US Locations
- Reach
- Check Into Cash
- Check Cash/Quick Loans
- 903
- National
- Drake Cyclery
- Retailer
- 1
- -
- Poudre School District R-1
- -
- 1
- -
- Schilling Interiors
- Retailer
- 1
- -
- State Farm
- Insurance
- 24,858
- National
- Turmeric Indian Grocery
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| Check Into Cash | Check Cash/Quick Loans | 903 | National |
| Drake Cyclery | Retailer | 1 | - |
| Poudre School District R-1 | - | 1 | - |
| Schilling Interiors | Retailer | 1 | - |
| State Farm | Insurance | 24,858 | National |
| Turmeric Indian Grocery | - | 1 | - |
Property Facts
| Total Space Available | 1,201 SF | Total Land Area | 0.86 AC |
| Property Type | Retail | Year Built | 1999 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 5.24/1,000 SF |
| Gross Leasable Area | 16,200 SF |
| Total Space Available | 1,201 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 16,200 SF |
| Total Land Area | 0.86 AC |
| Year Built | 1999 |
| Parking Ratio | 5.24/1,000 SF |
Nearby Major Retailers
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902 W Drake Rd
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