NorthPeak Commercial Advisors Acquires Office Building In Fort Collins, CO For $3.3M
3555 Stanford Road, Fort Collins, Colorado 80525, United States
$3,300,000
$170/SF
Building Size
19,323 SF
Asset Type
Office
Closing
Aug 30, 2022
About this deal
AI
The office building located at 3555 Stanford Road in Fort Collins, CO has been sold. The transaction was facilitated by Kevin Calame and Matt Lewallen of NorthPeak Commercial Advisors. The sale price for the property was $3,300,000, and it spans a total area of 19,323 square feet, resulting in a price per square foot of $171.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,300,000
- Square Footage: 19,323
- Price Per Square Foot: $171
- Address: 3555 Stanford Road, Fort Collins, CO
- Market: Fort Collins, CO
Kevin Calame and Matt Lewallen of NorthPeak Commercial Advisors played a crucial role in representing the parties involved in this office property sale. Their expertise and negotiation skills contributed to the successful conclusion of the transaction.
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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93