121 Kensington Dr,  Fort Collins CO, 80525 (Active)

$1,575,000
|
|
MLS# 827326
Skip Slideshow
Last Updated: 8/21/2017 12:39 PM
Description for 121 Kensington Dr Fort Collins, CO 80525
Premier location situated on College Ave, 1 block north of Harmony Road. Built in 1994, this parcel contains a mini lube garage and car wash occupied by Jiffy Lube as well as a currently vacant gas station. Current lease with Jiffy Lube nets $88,032/year NNN. With vacant gas station paying a proforma amount of $30,000/year NNN, the property would have a CAP rate of 7.5%. Property could be investment, or owner-operator could occupy gas station and receive the income from Jiffy Lube tenant.
This General Commercial property in Fort Collins, CO, MLS # 827326, is located in the neighborhood of Gateway At Harmony Road. 121 Kensington Dr is .
Price
$1,575,000
Gateway At Harmony Road
Larimer
827326
Active
Description
Premier location situated on College Ave, 1 block north of Harmony Road. Built in 1994, this parcel contains a mini lube garage and car wash occupied by Jiffy Lube as well as a currently vacant gas station. Current lease with Jiffy Lube nets $88,032/year NNN. With vacant gas station paying a proforma amount of $30,000/year NNN, the property would have a CAP rate of 7.5%. Property could be investment, or owner-operator could occupy gas station and receive the income from Jiffy Lube tenant.
Listing Information for 121 Kensington Dr Fort Collins, CO 80525
Property Type: General Commercial Other 0.83 Acres
1994
Gateway At Harmony Road
Neighborhood
Room Information
Interior Features
Room Refrig
Forced Air
3
Exterior / Lot Features
None
Commercial
City Road
Listing Price History

Fort Collins Real Estate

Fort Collins is located in Colorado. Fort Collins, Colorado 80525 has a population of 161,175.

The median household income in Fort Collins, Colorado 80525 is $53,775. The median household income for the surrounding county is $58,844 compared to the national median of $53,482. The median age of people living in Fort Collins 80525 is 29.3 years.

Loading nearby sales and history ...
Courtesy: Cassidy Turley Colorado, Llc Travis Ackerman
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES
Information is deemed reliable but is not guaranteed.

We're here to help with your home search!
Customer Service
877.412.4811
Ask a Question?
Send Now
Start a no spam email conversation
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time
Nearby homes for sale