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$1,895,000
-- Bed
-- Bath
6,200sqft
125 S Howes St, Fort Collins, CO 80521
$1,895,000
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Single Family Residence
Built in 1970
$1/mo HOA
2.93 acres lot
$306/sq.ft
Description
Triple net-lease investment opportunity anchored by Key Bank, an investment-grade tenant that has occupied this first-floor retail/office condo for 30 years. This 6,200 SF condominium sits within the iconic 11-story Key Bank Tower in downtown Fort Collins, offering a stable, passive income stream with minimal landlord responsibilities.Key Bank recently extended its lease through April 2031, with two additional 5-year renewal options carrying built-in rent escalators - providing long-term income visibility well into 2041. Annual NOI of $133,100 reflects a 7% cap rate on the current asking price of $1,895,000. Ownership also includes approx. 12% stake in adjacent vacant par...
Continue Reading- Houzeo last checked: 46 minutes ago
- Listing updated: August 21, 2026 at 7:21 pm
- Listing Provided by: Erik Broman (970) 229-9900 | Realtec C.R.E.S., LLC (970) 229-9900
- Source: DENVER (RE COLORADO) MLS-CO | MLS#: IR1066791
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
Year Built
1970
HOA Fees
$1/mo
Finished Area
6,200 sqft
Lot Size
2.93 acres lot
Basement Area
- sqft
MLS Name
DENVER (RE COLORADO) MLS
MLS Number
IR1066791
MLS Status
Active
Days on Market
5
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New York State Fair Housing Notice.
