NorthPeak Commercial Advisors Acquires Office Building In Fort Collins, CO For $3.3M
SOLD
$3,300,000
Colorado
See Similar DealsOffice19,323 SF
Sold 08/31/2022
SOLD
NorthPeak Commercial Advisors Acquires Office Building In Fort Collins, CO For $3.3M
3555 Stanford Road, Fort Collins, Colorado 80525, United States
See Similar DealsOffice19,323 SF
Sold 08/31/2022
Summary
COLORADO
Asset Type:Office
Price Per Square Foot:$170
Total Square Footage:19,323 SF
Transaction Type:Sale
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$175,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,643.68
Annual Debt Service$187,724.20
Is there something missing? Send suggestions