3200 - images1.loopnet.com€¦ · (realtor.com, 2017) 2nd best counties for small business owners...
TRANSCRIPT
OFFERING MEMORANDUM
3200 NORTH HIGHWAY 287LAPORTE, COLORADO 80535
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
CONFIDENTIALITY & DISCLAIMER
INVESTMENT CONTACTS
NATE HECKELCushman & Wakefield
Director+1 970 267 7724
772 Whalers Way, Suite 200 Fort Collins, Colorado 80525
MIKE JENSENFort Collins Real Estate
Broker/Owner+1 970 222 8136
500 East Oak Street Fort Collins, Colorado 80524
The material contained in this Offering Memorandum is confidential and for the purpose of considering the purchase of the Real Estate described herein. It is subject to the terms and provisions of the Confidentiality Agreement signed by the recipient of this material, and is not to be used for any purpose or made available to any other person without the express written consent of Cushman & Wakefield, Inc. (“Broker”).
This Offering Memorandum was prepared by Broker solely for the use of prospective purchasers of 3200 North Highway 287, Laporte, Colorado 80535 (the “Real Estate”). Neither Broker, the “Seller” nor any of their respective officers, employees or agents, make any representation or warranty, express or implied, as to the completeness or the accuracy of the material contained in the Offering Memorandum or any of its contents, and no legal commitments or obligations shall arise by reason of this package or any of its contents. Seller reserves the right to eliminate any portion or all of the Real Estate from any offer for sale at any time prior to the completion of a binding contract of sale executed by both Seller and a prospective purchaser.
Prospective purchasers of the Real Estate are advised (i) that changes may have occurred in the condition of the Real Estate since the time of this Offering Memorandum or the financial statements therein were prepared and that (ii) all financial projections are provided for general reference purposes only in that they are based on assumptions relating to the general economy, competition, and other factors beyond the control of Broker and the Seller and, therefore, are subject to material variation. Prospective purchasers of the Real Estate are advised and encouraged to conduct their own comprehensive review and analysis of the Real Estate.
The Offering Memorandum is a solicitation of interest only and is not an offer to sell the Real Estate. The Seller and Broker expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the Real Estate, and expressly reserve the right, at their sole discretion, to terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Real Estate unless and until a written agreement satisfactory to the Seller has been fully executed, delivered, and approved by the Seller and any conditions to the Seller thereunder have been satisfied or waived. This Offering Memorandum is confidential. By accepting the Offering Memorandum, you agree (i) that you hold and treat the Offering Memorandum and its contents in the strictest confidence and in compliance with the Confidentiality Agreement, (ii) that you will not photocopy or duplicate any part of the Offering Memorandum, (iii) that you will not disclose the Offering Memorandum or any of its contents to any other entity without the prior written authorization of Broker, and (iv) that you will not use the Offering Memorandum in any fashion or manner detrimental to the interest of the Seller or Broker.
The terms and conditions stated in this section will relate to all of the sections of the package as if stated independently therein. If, after reviewing this package, you have no further interest in purchasing the Property at this time, kindly return this brochure to Broker at your earliest possible convenience.
PAGE 2
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
EXECUTIVE SUMMARY
PAGE 3
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
EXECUTIVE SUMMARYTHE OFFERING
Cushman & Wakefield, and Fort Collins Real Estate are please to present the opportunity to purchase this fully leased single-tenant NNN leased property in Laporte, Colorado. This property brings great features with the two over head doors providing access to the warehouse as well as the location being just out of Fort Collins. With a purchase price of $489,900, this property offers a cap rate of 6.5%. This single tenant property is leased for the next six (6) years with one (1) option of five (5) years to renew the lease agreement with annual escalations equivalent to the initial Lease Agreement.
3200 NORTH HIGHWAY 287 / OFFERING SUMMARY
PROPERTY DESCRIPTION
Number of Tenants Single-Tenant NNN Lease
Current Tenant Lease Term Through March31, 2026
Net Leaseable Area 2,568 SF
Occupied 2,568 SF
Vacant 0 SF
Occupancy % 100%
Property Taxes $5,830.00
Year Built/Renovated 1959/1962
Highway 287 Frontage 150 Feet
Lot Size 12,000 SF
Stories 1
PRICING
Sales Price $489,900.00
Sales Price Per SF $190.77/SF
PROJECTED RETURNS
Year 1 NOI $31,800.00
Year 1 Cap Rate 6.5%
PAGE 4
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
PROPERTY DESCRIPTION
PAGE 5
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
PROPERTY DESCRIPTIONOVERVIEW
TOTAL SF2,568 SF
SITE SIZE12,000 SF
YOC/YOR1959/1962
ZONINGCommercial
TENANTDan French Taxidermy
LEASE TERMThrough March 31, 2026
CLEAR HEIGHT16 Feet
LOADING One (1) 8’ x 10’ OHD One (1) 8’ x 14’ OHD
POWER 2-Phase
PARKING10 Spaces
PROPERTY TAXES$5,830.00
BUILDING SPECIFICATIONS
PAGE 6
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
LOCATION OVERVIEW
PAGE 7
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
JohnstownJohnstown
25INTERSTATE
25INTERSTATE
GreeleyGreeley
WindsorWindsor
Fort CollinsFort Collins
LovelandLoveland
LongmontLongmont
To DenverTo Denver
BoulderBoulder
BerthoudBerthoud
Fort LuptonFort Lupton
PlattevillePlatteville
KeenesburgKeenesburg
LochbuieLochbuie
To CheyenneTo Cheyenne
LOCATION OVERVIEWREGIONAL AERIAL
N
PAGE 8
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
LOCATION OVERVIEWPROXIMAL AERIAL
N
85
Cache La Poudre Cache La Poudre Middle SchoolMiddle School
Cache La Poudre River
Cache La Poudre River
U.S. Highway 287U.S. Highway 287
N. O
verl
and
Trai
lN
. Ove
rlan
d Tr
ail
SUBJECTPROPERTY
To Steamboat, To Steamboat, Red Feather Lakes, and Red Feather Lakes, and
Laramie, WyomingLaramie, Wyoming
PAGE 9
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
LOCATION OVERVIEWLARIMER COUNTY & NORTHERN COLORADO HIGHLIGHTS
1st Stable and Growing Housing Market (Realtor.com, 2017) 2nd Best Counties for Small Business Owners (ValuePenguin, 2017) No. 4 Bloomberg Brain Index Bloomberg, Oct 2017
ECONOMIC HIGHLIGHTS• As of 2019 the region’s population increased
by 10.1% since 2014, growing by 32,583. Population is expected to increase by 6.3% between 2019 and 2024, adding 22,497.
• From 2014 to 2019, jobs increased by 15.5% in Larimer County, CO from 163,088 to 188,291. This change outpaced the national growth rate of 7.3% by 8.2%. As the number of jobs increased, the labor force participation rate increased from 66.8% to 70.7% between 2014 and 2019.
• Concerning educational attainment, 27.5% of Larimer County, CO residents possess a Bachelor’s Degree (8.7% above the national average), and 8.8% hold an Associate’s Degree (0.8% above the national average). Source: EMSI, 2020
TOTAL POPULATION (2019)
356,604MEDIAN HOUSEHOLD INCOME
$67.7KTOTAL REGIONAL EMPLOYMENT
188,291
LARIMER COUNTY DEMOGRAPHIC HIGHLIGHTS | EMSI, 2020
NORTHERN COLORADO ACCOLADES
Within the top 10 best counties to live in Colorado (Movoto, 2015) Northern Colorado is ranked within the top 10 best areas with “The Brightest Fall Foliage Around the USA” (USA Today, 2014) No. 1 City in America for Cycling PeopleForBikes, May 2018
PAGE 10
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
INVESTMENT HIGHLIGHTS
PAGE 11
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
INVESTMENT HIGHLIGHTSOVERVIEW
LOCATION & ACCESSThe property is located in Laporte, Colorado and has frontage on Highway 287, a central highway in Larimer County. The property sits in the middle of the heart of the city and is in close proximity to neighboring cities like Fort Collins and Bellvue.
THE OPPORTUNITYCushman & Wakefield & Fort Collins Real Estate are pleased to present the opportunity to purchase this 100% leased single-tenant NNN leased property in Laporte, Colorado. Located on a 12,000 SF lot, the property consists of a 2,568 square foot building in an easily accessible Laporte location.
TENANT & LEASE AT A GLANCEFULLY LEASED SINGLE-TENANTThe building is currently 100% leased to Dan French Taxidermy (“Tenant”).
This is a single-tenant, triple net-leased investment opportunity. The current
lease term is through March 31, 2026.
PRICINGThe property is being offered for $489,900.00 or a 6.5% cap rate of the current net operating income. With this being a single-tenant investment with a firm lease term, this is an opportunity you do not want to miss.
PAGE 12
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
INVESTMENT HIGHLIGHTSFINANCIALS
Pro Forma Cash Flow Analysis3200 N. HWY-287Laporte, CO 80535
Purchase Price $489,900.00 Price/SF 191
Capitalization Rate 6.49%
Current PeriodSIZE: Year 1 Year 2 Year 3 Year 4 Year 5 Year 62,568 $31,800 $33,120 $34,380 $35,820 $37,200 $38,700
2.00% Taxidermist 2.77$ $7,114 $7,256 $7,401 $7,549 $7,700 $7,854
$38,914 $40,376 $41,781 $43,369 $44,900 $46,554GROSS OPERATING INCOME: $38,914 $40,376 $41,781 $43,369 $44,900 $46,554
2.00%Property Taxes: (2.27)$ -5830 -$5,947 -$6,066 -$6,187 -$6,311 -$6,437Property Insurance: (0.25)$ -$642 -$655 -$668 -$681 -$695 -$709CAM: (0.25)$ -$642 -$655 -$668 -$681 -$695 -$709Utilities: -$ $0 $0 $0 $0 $0 $0Total Operating Expenses: (2.77)$ -$7,114 -$7,256 -$7,401 -$7,549 -$7,700 -$7,854
NET OPERATING INCOME (NOI): $31,800 $33,120 $34,380 $35,820 $37,200 $38,700
CAP = 6.49% $489,900 $510,235 $529,647 $551,831 $573,091 $596,199191 199 206 215 223 232
PRINCIPAL $8,735 $9,091 $9,091 $9,091 $9,091 $9,091INTEREST $14,538 $14,182 $14,182 $14,182 $14,182 $14,182 TOTAL DEBT SERVICE (ANNUAL): $23,273 $23,273 $23,273 $23,273 $23,273 $23,273
DEBT SERVICE COVERAGE RATIO: 1.37 1.42 1.48 1.54 1.60 1.66LOAN TO VALUE RATIO: 73.22% 68.52% 66.01% 63.35% 61.00% 58.64%
8,527.15$ 9,847.15$ 11,107.15$ 12,547.15$ 13,927.15$ 15,427.15$
17,261.98$ 18,937.85$ 20,197.85$ 21,637.85$ 23,017.85$ 24,517.85$
6.96% 8.04% 9.07% 10.24% 11.37% 12.60%14.09% 15.46% 16.49% 17.67% 18.79% 20.02%
POTENTIAL GROSS OPERATING INCOME:
Operating Expense Reimbursements
Base Rental IncomeTaxidermist
Less Operating Expenses:
Information contained herein is from sources believed to be reliable. However, Cushman & Wakefield does not warrant or guarantee that the information is accurate and advises investors to perform their independent analysis of the property. Investors are strongly encouraged to seek appropriate tax and legal counsel.
ANNUAL DEBT SERVICE:
BEFORE TAX CASH FLOW:CASH FLOW + PRINCIPAL EQUITY GAIN:
BUILDING VALUATION:
CASH ON CASH ROI:LEVERAGED ROI:
VALUE PER SQ. FT.:
CASH FLOW ANALYSIS | PURCHASE PRICE $489,900.00 | CAP RATE 6.49%
PAGE 13
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
TENANT INFORMATION
PAGE 14
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
TENANT INFORMATIONTENANT SUMMARY
Dan French Taxidermy has been in business for 35 years. Known as “the fastest taxidermist in the west!”, this business has been servicing Wyoming, Colorado and New Mexico for decades. This 3200 North Highway 287 location is their main facility while working with countless outfitters and game processors in all three states. Clients can drop off their taxidermy work at any of the affiliate locations. When the work is complete they will deliver it back to the same drop off location or ship it back to the client,
and they ship worldwide. Offering time-frames of 3-5 months or even 3-5 weeks, clients can ship us their trophies from anywhere in the USA and they will pay up to $100 for the freight.
Source: danfrenchtaxidermy.com
ABOUT THE OWNER
Dan French was raised in Pennsylvania. He loved being outside. Hunting, fishing,
trapping, chasing rabbits with his dog, building tree-houses and playing in the
woods and streams.
As an adult, things didn’t changed much. He still loves being outside and still loves messing with
animals, alive or dead. He get to do it every day. His taxidermy shop is a serious man cave.
He has been married for over 30 years and she is still his best friend. He has 3 beautiful daughters that he is
very proud of. His biggest hobby over the years hasn’t been hunting or fishing. It has been being a good husband
and a good dad. He has taken the hobby very seriously. He now has the privilege of being a grandpa.
The success of his business is because of the great staff of artists and talented craftsman that deliver high end high quality work in
3 to 5 months. Without them, his business would never succeed to the level that it has. He is very grateful and fortunate to have
this team. They have made his life better and he strives to make it an enjoyable rewarding environment where work and fun blends together.
Source: danfrenchtaxidermy.com
• A&M Adventures
• Buffalo Creek Outfitters
• Cow Creek Outfitters
• Lone Star OUtfitters
• Ponderosa Outfitters
• Savery Creek Outfitters
• Timber Canyon Ranch
• Travis Kruckenberg Outfitters
• Turkey Track Outfitters
• Whitaker Brothers Outfitters
• Wyoming Magnum Outfitters
• Bugle Canyon Ranch
• Four Horse Outfitters
• Hunton Creek Outfitters
• July 29th Outfitters
• Maddoz Meats, LLC
• Red Feather Outfitters
• Timberline Outfitters
• Black Elk Outfitters
• Cooper Moore Outfitting
• Diamond Ranch Outfitters
• Four H’s Outfitters
• Hunton Creek Outfitters
• Kroeger Country Outfitters
• Medicine Bow Outfitters
• Table Mountain Outfitters
• Tounge River Outfitter
• Trophy Creek Outfitters
• Trophy Specialists Outfitters
• Wyoming Finest Outfitters
• Spur Outfitters
• Double 8 Ranch
• Barlow Outfitting
• Fox Ranch
• J&J Outfitters
• Wyncon Safari
• ZN Outfitter
• Rockin’ 7 Ranch
• Cross C Ranch
ABOUT THE TENANT
AFFILIATE OUTFITTERS
PAGE 15
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
MARKET INFORMATION
PAGE 16
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
MARKET INFORMATIONNORTHERN COLORADO RETAIL MARKET | Q4 2019
NORTHERN COLORADOVACANCY Overall vacancy remained
extremely tight in the Northern Colorado retail market. Despite a 20-basis point
(bps) increase during the fourth quarter 2019, vacancy closed the year at 3.9%; 10 bps
lower than the 4.0% recorded during the fourth quarter 2018, a year ago.
RENTAL RATE Consistently low vacancy has driven rental rates for retail product to record highs as
rates closed the year at $17.40 per square foot (psf) on a triple net (NNN) basis. This represented 4.3% rate
growth year-over-year from when rates closed 2018 at $16.69 psf NNN, and a massive 16.6% increase from the
end of 2017. Expect this explosive growth to slow in 2020 however as property taxes have rocketed up as well, causing
downward pressure on base rents.
LEASING Leasing activity was slow to close 2019 as only 46,900 square feet (sf) of retail produact leased during the fourth quarter.
This brought 2019 total leasing activity to 410,400 sf, the lowest figure for a year since the recession. Active retail users in the market
are primarily smaller users as retail footprints are shrinking for increased efficiency; convenience stores, daycares, small format restaurants and the
like dominate the tenant mix.
ABSORPTION Overall net absorption recorded a slow fourth quarter 2019 as -23,600 sf was absorbed. This brought 2019 total net absorption to 233,300
sf, a figure that nearly doubled the 118,600 sf absorbed during 2018, a year ago. Expect absorption figures to remain mostly flat over the course of 2020 as retail
tenant size continues to shrink and vacancy remains tight.
Asking NNN rental rates have grown 16.6% since the end of 2017
16.6%MARKET FACT
Inventory: 3.4 msf
Vacancy: 6.8%
Leasing Activity YTD: 182.0 ksf
Market Rent Range (NNN): $32-$35/psf
Inventory: 14.3 msf
Vacancy: 3.5%
Leasing Activity YTD: 187.5 ksf
Market Rent Range (NNN): $22-$28/psf
Inventory: 5.5 msf
Vacancy: 3.9%
Leasing Activity YTD: 51.0 ksf
Market Rent Range (NNN): $15-$19/psf
Inventory: 23.7 msf
Vacancy: 3.9%
Leasing Activity YTD: 410.4 ksf
Market Average (NNN): $20/psf
CLASS A
CLASS B
CLASS C
OVERALL
PAGE 17
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
MARKET INFORMATIONNORTHERN COLORADO RETAIL MARKET | Q4 2019
LEASING ACTIVITY VS. OVERALL ABSORPTION
OVERALL RENTAL RATE VS. OVERALL VACANCY
78
158 128
91 68 80
216
47 47
(73)
66 80
(2)
83
176
(24)
(100)
(50)
0
50
100
150
200
250
2018 Q1 2018 Q2 2018 Q3 2018 Q4 2019 Q1 2019 Q2 2019 Q3 2019 Q4
Squa
re F
eet (
Thou
sand
s)
Leasing Activity vs. Absorption
Leasing Activity Net Absorption
3.4%
3.5%
3.6%
3.7%
3.8%
3.9%
4.0%
4.1%
4.2%
4.3%
4.4%
$15.50
$16.00
$16.50
$17.00
$17.50
$18.00
2018 Q1 2018 Q2 2018 Q3 2018 Q4 2019 Q1 2019 Q2 2019 Q3 2019 Q4
Rental Rate vs. Vacancy Rate
Overall NNN Rental Rate Overall Vacancy
CUSHMAN & WAKEFIELD RESEARCH DATACushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
©2020 Cushman & Wakefield. All rights reserved. The information contained within this report is gathered from multiple sources believed to be reliable. The information may contain errors or omissions and is presented without any warranty or representations as to its accuracy.
PAGE 18
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
TEAM CONTACTS
PAGE 19
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19
3200 NORTH HIGHWAY 287 TEAM
© 2020 Cushman & Wakefield. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verified. NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE.
LEAD INVESTMENT CONTACTS
SUPPORT CONTACTS
772 Whalers Way, Suite 200 | Fort Collins, Colorado 80525T +1 970 776 3900 | F +1 970 267 7419cushmanwakefield.com
500 East Oak Street Fort Collins, Colorado 80524fortcollinsre.com
772 Whalers Way, Suite 200 Fort Collins, Colorado 80525T +1 970 776 3900 F +1 970 267 7419cushmanwakefield.com
NATE HECKELCushman & Wakefield Director+1 970 267 [email protected]
JENNIFER JOHNSONCushman & Wakefield Senior Administrator+1 970 267 [email protected]
MCKENZIE MURPHYCushman & Wakefield Graphic Design/Marketing +1 970 776 [email protected]
MIKE JENSENFort Collins Real Estate Broker/Owner+1 970 222 [email protected]
TY MASHEKCushman & Wakefield Broker Associate+1 970 818 [email protected]
KAYLA BASSCushman & Wakefield Administrator+1 970 776 [email protected]
PAGE 20
HOME
Executive Summary
PAGE 3-4
Property Description
PAGE 5-7
Tenant Information
PAGE 15-16
InvestmentHighlights
PAGE 12-13
Location Overview
PAGE 8-11
Team ContactsPAGE 20-21
Market Information
PAGE 17-19