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3555 Stanford Rd, Fort Coll...

Updated Sep 5, 2024

Fort Collins Property Sold For $3.3M With Buyer's Rep Undisclosed And Seller's Reps Kevin Calame And Matt Lewallen
SOLDOffice

Fort Collins Property Sold For $3.3M With Buyer's Rep Undisclosed And Seller's Reps Kevin Calame And Matt Lewallen

3555 Stanford Rd, Fort Collins, CO, 80...

$3,300,000

$170/SF

Building Size

19,323 SF

Asset Type

Office

Closing

Nov 20, 2023

About this deal

AI

An office building located at 3555 Stanford Road in Fort Collins has been sold for $3.3 million. The property encompasses 19,323 square feet and includes 13 office suites, trading at a price of $171 per square foot in the Fort Collins market.

Summary of transaction details:

  • Property Type: Office Building
  • Transaction Amount: $3,300,000.00
  • Address: 3555 Stanford Rd, Fort Collins, CO
  • Market: Fort Collins
  • Square Footage: 19,323
  • Seller's Representatives: Kevin Calame - NorthPeak Commercial Advisors, Matt Lewallen - NorthPeak Commercial Advisors
  • Buyer: Undisclosed

Kevin Calame and Matt Lewallen from NorthPeak Commercial Advisors represented the undisclosed seller in this transaction. The identity of the buyer remains unreleased.

Players

Kevin Calame

NorthPeak Commercial Advisors

Broker

$77.4M

vol

12 deals

Broker

Fort Collins Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $170 per square foot on a published $3.3M for 19,323 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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