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2815 Iowa Dr

Fort Collins, CO 80525
  • $2,850,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 1006773
UPDATED: 135 min ago
$2,850,000
  • 0
    BEDS
  • 1.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2004
County:

School Ratings & Info

Description

Discover a lucrative investment in this meticulously maintained 11,466-square-foot daycare center, constructed in 2004. The property boasts a long-term tenant, Bright Horizons, under an absolute NNN lease with over 6 years remaining and three 5-year extension options. Currently yielding $180,960 annually, this opportunity is priced significantly below replacement cost-a smart choice for savvy investors seeking stable returns and long-term growth.

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© 2024 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or DreamSmith Team | RE/MAX Professionals. Data last updated: 2024-05-26T17:42:56.387.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.thedreamsmithteam.com/homes/149446470
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2815 Iowa Dr Fort Collins, CO 80525

  • Price: $2,850,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 135 min ago
  • MLS #: 1006773
0
Beds
0
Baths
0
½ Baths
1.3
Acres
2004
Built
Neighborhood:
997 - RIGDEN FARM 1ST FIL,FTC
County:
Larimer
Area:
09 Fort Collins area
Property Description
Discover a lucrative investment in this meticulously maintained 11,466-square-foot daycare center, constructed in 2004. The property boasts a long-term tenant, Bright Horizons, under an absolute NNN lease with over 6 years remaining and three 5-year extension options. Currently yielding $180,960 annually, this opportunity is priced significantly below replacement cost-a smart choice for savvy investors seeking stable returns and long-term growth.
Exterior Features

Construction Materials Stone Horse YN No Parking Features Paved Roof Flat Waterfront YN No

Interior Features

Building Area Total 11466 Cooling Refrigeration/HVAC Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor

Property Features

Association YN No Business Type Other Commerical Cap Rate 6.34 Ditches Active YN No Gross Income 180960 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Locale Fort Collins Net Operating Income 180960 New Construction YN No Operating Expense 0 Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tenant Pays All Operating Costs (used alone) Water Source City WaterCity Zoning MMN

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Nate Heckel of Cushman Wakefield: 3032923700.



© 2024 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or DreamSmith Team | RE/MAX Professionals. Data last updated: 2024-05-26T17:42:56.387.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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