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125 S Howes Street, Fort Collins, CO, 80521

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MLS #RECIR1066791 image #0MLS #RECIR1066791 image #1MLS #RECIR1066791 image #2MLS #RECIR1066791 image #3MLS #RECIR1066791 image #4MLS #RECIR1066791 image #5MLS #RECIR1066791 image #6

125 S Howes Street, Fort Collins, CO, 80521

Beds
0 Baths
6,200 SqFt
2.93 Acres

Listing Id

RECIR1066791
$1,895,000

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.

Property Details
Price:
$1,895,000
MLS #:
RECIR1066791
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
Savings Bldg Condo
Finished Sq Ft:
6,200
Total Sq Ft:
6,200
Lot Size:
127,500 sqft / 2.93 acres (approx)
Year Built:
1970
Savings Bldg CondoPoudre R-1DunnOtherPoudre
Interior
Heating
Forced Air
Levels
One
Exterior
Construction Materials
Brick
Roof
Membrane
Schools
School District:
Poudre R-1
Elementary School:
Dunn
Middle School:
Other
High School:
Poudre
Financial
HOA Fee
$1
HOA Fee Frequency
Monthly
HOA Includes
Reserves
Net Operating Income
$133,100
Tax Year
2025

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125 S Howes Street
Fort Collins, CO