JZEstate 2 LLC Acquires Office Condo At 2121 Midpoint Drive For $1.35M
2121 Midpoint Drive
$1,350,000
$198/SF
Building Size
6,800 SF
Asset Type
Office
Closing
Dec 8, 2025
About this deal
AI
An office condo located at 2121 Midpoint Drive in Fort Collins, CO has been sold for $1,350,000. The property encompasses a total square footage of 6,800 and has a price per square foot of $199. The transaction took place on December 8, 2025.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,350,000
- Address: 2121 Midpoint Drive
- Market: Fort Collins, CO
- Square Footage: 6,800
- Price per Square Foot: $199
- Buyer: JZEstate 2 LLC
- Seller: 2121 Midpoint LLC
- Buyer's Representative: Julie Norris - Re/Max
- Seller's Representative: Jason Ells - Cushman & Wakefield
This transaction was facilitated by Cushman & Wakefield, with Jason Ells representing the seller, 2121 Midpoint LLC. The buyer, JZEstate 2 LLC, was represented in the deal by Julie Norris of Re/Max Commercial Alliance.
On the Map
$1,350,000
$198/SF
Office
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Players
Fort Collins Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93