121 Kensington Dr, Fort Collins, CO 80525

  • 0 BedBeds
  • 0 Full BathFull Baths
  • 0 Half BathHalf Baths
  • Sqft
  • Commercial
  • Active
  • MLS# 827326
  • mls board disclosure Cushman Wakefield
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$1,575,000

  • Price Reduced

Property Description121 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.

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Property Details121 Kensington Dr, Fort Collins, CO 80525

Listing courtesy of: Cushman Wakefield

General Features

Year Built  1994
Lot Size  0.8300
Construction  Brick/Brick Veneer
Subdivision  Gateway at Harmony Road

Room Information

Other
 

Interior Features

Heating  Forced Air
Cooling Description  Refrigeration/HVAC

Exterior / Lot Features

ZONING  Commercial

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High 

Financial Considerations

Tax Amount  $0
Tax Year 

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Monthly insurance : $0.00
Monthly taxes : $0.00
Monthly payment : $0.00
Total monthly payment : $0.00

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IDX information is provided exclusively for consumers’ personal, non‐commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

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