- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
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Street View
$1,895,000
Monthly Est:$9,432
-- Bed
-- Bath
6,200sqft
125 S Howes St, Fort Collins, CO 80521
$1,895,000
$9,432/moEst:
Get Pre-Approved
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 parcel.
- Houzeo last checked: 9 minutes ago
- Listing updated: September 17, 2026 at 4:12 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
50
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Location
HOA Management
N/A
HOA Fees
$1/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Reserves
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Forced Air
Construction
Year Built
Year Built: 1970
Home type
Single Family Residence
Roof
Membrane
Construction Materials
Brick
Utilities & Energy
Basement
Partial
Utilities
Natural Gas Available
Water Source
Public
Other Features
Subdivision Name
Savings Bldg Condo
Tenant Pays
Association Fees, Electricity, Gas, Other, Trash Collection, Water
Price History
| Date | Event | Price |
|---|---|---|
08/19/2026 Source: | Listed for Sale | $1,895,000 -5.01% $306/sqft |
07/27/2026 Source: | Listing Removed | $1,995,000 $322/sqft |
01/13/2026 Source: | Listed for Sale | $1,995,000 $322/sqft |
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