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125 S Howes St
Fort Collins, CO 80521 Old Town Fort Collins

$1,995,000 USD

Office Condo For Sale  •  6,200 SF

Property Details

  • Property Type Office
  • Total Building Size 127,500 SF
  • Lot Size 2.93 AC
  • Building Class C
  • Year Built 1970
  • Tenancy Multiple
  • Zoning D
49 Transit Score
97 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit A Office/Retail 6,200 SF $1,995,000 USD
  • Unit Size: 6,200 SF
  • Condo Use: Office/Retail
  • Price: $1,995,000 USD
  • Sale Type: Investment
  • Price/SF: $321.77 USD
Description
First floor condo with excellent visibility and access.

Sale Notes
New price, and lease extended, 5+ years of term in downtown Fort Collins! Presenting an unbeatable triple net investment opportunity in Fort Collins, CO: 125 S. Howes Street. This 6,200 SF office/retail condo leased to Key Bank on triple net lease for 30 years, offers a stable income with a current net operating income of $133,100 and a 6.67% CAP rate, beginning May 2026. Key Bank has signage on the iconic building, known as the Key Bank Tower. The property boasts ownership of an additional 40,000 SF parking lot, enhancing its value and investment appeal. First floor suite with direct access and reserved parking.

Description 

New price, and lease extended, 5+ years of term in downtown Fort Collins! Presenting an unbeatable triple net investment opportunity in Fort Collins, CO: 125 S. Howes Street. This 6,200 SF office/retail condo leased to Key Bank on triple net lease for 30 years, offers a stable income with a current net operating income of $133,100 and a 6.67% CAP rate, beginning May 2026. Key Bank has signage on the iconic building, known as the Key Bank Tower. The property boasts ownership of an additional 40,000 SF parking lot, enhancing its value and investment appeal. First floor suite with direct access and reserved parking.

Highlights

Investment grade tenant, Key Bank, has occupied the 1st floor for 30-years
Rent increases to $133,100, 6.67% CAP, in May 2026
Key Bank has signage on the iconic 11-story office building, which is known as the Key Bank Tower
Ownership includes additional 40,000 SF parking lot in addition to onsite parking
Tenant has reserved parking for their suite
Main floor suite with direct street access

Property Flyers

Amenities

  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 100
Type: Surface
Included in Rent: Yes
Erik Broman 970-229-9900 Realtec Commercial Real Estate Services
Erik Broman 970-229-9900 Realtec Commercial Real Estate Services